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$598,000

6150 Ravendale Ln, Dallas, TX, 75214

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,406 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.13 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCeramic Tile, Laminate, Wood

Exterior

Lot Size7,485 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000240748000000
Lot Number26
SubdivisionCaruth Terrace
Land UseResidential
Legal DescriptionCARUTH TERRACE BLK E/2953 LOT 26 INT202000063461 DD03032020 CO-DC 2953 00E 02600 1002953 00E
Census Tract000201
Assessed Land Value$374,250
Assessed Improvement Value$151,610
Assessment Year2025

About this property

This beautifully maintained 1950s cottage-style home, captures the perfect blend of charm and modern comfort. Located in the sought-after Caruth Terrace neighborhood, it offers an unbeatable lifestyle just minutes from shopping, dining, SMU, White Rock Lake, and DART. Inside, the home retains its original character while showcasing thoughtful updates, including an updated kitchen and energy-efficient windows. Flexible spaces include a paneled third bedroom or private office, ideal for today’s living needs. Additional highlights feature just refinished gleaming hardwood floors, a two-car garage, and a fenced backyard with pergola—a relaxing retreat for outdoor enjoyment. Pets will be considered on a case-by-case basis, per the owner's approval. Clothes washer, dryer and refrigerator are included.

Investor Tools

Property Icon
$598,000
Estimated Property Value
$315,400Estimated Mortgage Balance
$223,690Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,588 /month
Positive
Cash Flow Estimate:
$1,196 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$846/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,162
$525,860
2025
$374,250
$151,610
$525,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,162
$525,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$315,400
No
First
Mar 3, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,310
$223,690
37%
63%
$2,513/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
$2,513/mo
$-763/mo
3.5%

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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6150 Ravendale Ln | Property Details | No Agent List