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$530,000

6147 Richmond Ave, Dallas, TX, 75214

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,248 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$424.68 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Refrigerator
FlooringTile, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,500 sqft

Building Information

Year Built1936
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000199408000000
Lot Number6
SubdivisionLakewood Heights
Land UseResidential
Legal DescriptionLAKEWOOD HEIGHTS BLK 3/2090 LOT 6 VOL2002221/3847 DD11052002 CO-DC 2090 003 006 1002090 003
Census Tract001102
Assessed Land Value$459,000
Assessed Improvement Value$177,300
Assessment Year2025

About this property

GREAT INVESTMENT OR RESIDENTIAL OPPORTUNITY in a highly-desirable Lakewood Heights! This property needs much TLC but offers original hardwood floors, 2 fireplaces, a large backyard with trees and plenty of character. It could be a great option for an investor looking for a flip or for a buyer wanting to renovate or rebuild. This property offers a convenient location just minutes away from Woodrow Wilson High School, Lakewood Country Club, Lower Greenville, White Rock Lake, The Arboretum and more. It is within walking distance to Tietze Park. PLEASE NOTE: Property is being sold AS-IS. No Survey. Due to probate, title work has already been opened at preferred title company, and there is no Seller's Disclosure. There is no electricity nor water at the moment, but can be set up for inspections, if needed. Information believed to be accurate, but not guaranteed.

Investor Tools

$80,968Estimated Mortgage Balance
$597,032Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,068 /month
Positive
Cash Flow Estimate:
$1,356 /month

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Kristi Hinshaw

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,037/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,052
$636,300
2025
$459,000
$177,300
$636,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,052
$636,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ascent Financial Services Llc
Unknown
$142,400
No
First
Apr 8, 2009
May 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,968
$597,032
88%
12%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
N/A
+$1,750/mo
3.1%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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