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$425,000

NAL Estimated Property Value

6119 East Grand Avenue, Dallas, TX, 75223

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,359 Sq Ft
price_per_sqft$197.94 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Vented Exhaust Fan, Gas Water Heater
FlooringWood

Exterior

Lot Size7,350 sqft

Building Information

Year Built1920
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000165121000000
Lot Number5
SubdivisionMount Auburn
Land UseResidential
Legal DescriptionMOUNT AUBURN BLK 7/1614 LT 5 INT201900096720 DD04152019 CO-DC 1614 007 00500 1001614 007
Census Tract001204
Assessed Land Value$176,400
Assessed Improvement Value$172,600
Assessment Year2025

About this property

Fully updated & remodeled 3 bedroom 2 bathroom with 2 car garage. This East Dallas home in developing Mount Auburn, is close to Lakewood, Deep Ellum, Downtown Dallas & walking distance to Woodrow Wilson High school, Tennison Golf & Tennis Club and the Santa Fe Trail. Great front porch, circular drive (to overcome tight access from East Grand). Once inside no traffic noise due to all new windows. H-W floors, New HVAC, electrical, plumbing etc. SS Appliances & fabulous private back yard retreat for cooking out & entertaining.

Investor Tools

Property Icon
$425,000
Estimated Property Value
$217,566Estimated Mortgage Balance
$207,434Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,007
$349,000
2025
$176,400
$172,600
$349,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,007
$349,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$237,800
No
First
Nov 22, 2021
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,566
$207,434
48%
51%
$1,426/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,426/mo
+$546/mo
5.6%

City: Dallas

6119 East Grand Avenue | Property Details | No Agent List