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Owner Contacts

$351,000

NAL Estimated Property Value

6123 Oram St Unit 1, Dallas, TX, 75214

Off Market

2 Beds

3 Bath

1,083 Sq Ft

Condos / Townhouses

$1.85 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesElectric Range, Microwave

Exterior

Lot Size20,570 sqft

Building Information

Year Built1982

Stories2

Roof Type105

Land Information

APN00C41970000000001

Lot Number8-9

SubdivisionLakewood West Condominiums

Land UseResidential

Legal DescriptionLAKEWOOD WEST CONDOMINIUMS BLK 2138 LTS 8 & 9 UNIT 1 CE 8.2495% INT202100235864 DD08052021 CO-DC 2138 000 008 1002138 000

Census Tract001102

Assessed Land Value$101,820

Assessed Improvement Value$233,910

Assessment Year2025

About this property

Nestled in the vibrant Lakewood neighborhood, this home offers the best of urban living. Enjoy the convenience of being within walking distance to your favorite restaurants, bars, and shops. Just 4 miles from downtown Dallas and a quick 2-mile drive to White Rock Lake, this location can't be beat. Inside, you'll find a bright and inviting space with wood flooring throughout, including the bedrooms. The well-designed floor plan features two spacious bedrooms upstairs, each with its own private bathroom. A convenient half bath is located on the first floor.

Investor Tools

$351,000

Estimated Property Value

$192,861Estimated Mortgage Balance

$158,139Estimated Equity

45% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,106 /month

Positive

Cash Flow Estimate:

$702 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$772/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,504

$335,730

2025

$101,820

$233,910

$335,730

Tax History

Year

Tax Paid

Assessed Value

2024

$7,504

$335,730

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Sublime Financial Llc

Conventional

$212,000

First

Aug 5, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$192,861

$158,139

45%

55%

$1,272/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,750/mo

$1,272/mo

+$478/mo

6.0%

Learn About the Market: Opportunity in Dallas

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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.

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