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Owner Contacts

$220,000

6119 Fairway Avenue, Dallas, TX, 75227

Off Market

3 Beds

2 Bath

1,182 Sq Ft

Single Family Residence

$186.13 / sqft

Built in 1946

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesGas Range

FlooringWood

Exterior

Lot Size9,648 sqft

Building Information

Year Built1946

Stories1

Roof Type105

Garage Spaces4

Land Information

APN00000437590000000

Lot Number15

SubdivisionParkdale 1st Inst

Land UseResidential

Legal DescriptionPARKDALE 1ST INST BLK 26/5809 LOT 15 INT202100334362 DD10292021 CO-DC 5809 026 01500 3005809 026

Census Tract008401

Assessed Land Value$60,000

Assessed Improvement Value$192,920

Assessment Year2025

About this property

This is NO cookie-cutter-neighborhood! Parkdale has Beautiful old trees that line the streets. Enjoy them while you sit in your front porch and watch the seasons change their color. This Charming home has original hardwood floors, some original door knobs and large windows to let in that great sunshine. Primary bedroom has been extended, added extra closet, bath and a seating area. Huge backyard with deck ready for those family and friend gatherings! Two car garage with alley entrance out back and nice trees to give you shade in those summer days. They just don't make them like this anymore. CALL FOR A TOUR TODAY!

Investor Tools

$252,920

Estimated Property Value

$0Estimated Mortgage Balance

$49,279Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,518 /month

Positive

Cash Flow Estimate:

$506 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$416/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,728

$252,920

2025

$60,000

$192,920

$252,920

Tax History

Year

Tax Paid

Assessed Value

2024

$3,728

$252,920

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Bank

Conventional

$223,000

First

Oct 29, 2021

Nov 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$203,641

$49,279

19%

81%

$1,337/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,337/mo

+$635/mo

9.4%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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