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Owner Contacts

$1,357,000

NAL Estimated Property Value

6151 Richmond Avenue, Dallas, TX, 75214

Off Market

4 Beds

4 Bath

3,700 Sq Ft

Single Family Residence

$243.22 / sqft

Built in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size8,500 sqft

Building Information

Year Built2020

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000199405000000

Lot Number5

SubdivisionLakewood Heights

Land UseResidential

Legal DescriptionLAKEWOOD HEIGHTS BLK 3/2090 PT LT 5-50X166 INT202000295731 DD10232020 CO-DC 2090 003 00500 1002090 003

Census Tract001102

Assessed Land Value$459,000

Assessed Improvement Value$898,000

Assessment Year2025

About this property

Best price on this New 2020 Construction in Lakewood Heights! Very energy efficient. Comprehensive Builder warranty included. Foam encapsulated, 16 seer HVAC, Tankless hot water heater.165' deep lot. Thoughtfully designed flex floor plan for todays Buyer. Wood floors throughout the downstairs. Main hallway leads to study w. full closet. A secondary private work station also available. Decadent dwnstairs primary bedrm. Oversized shower, soaking tub, dual vanities with quartz counters. Kitchen offers professional series appliance package, huge quartz island. Slider glass doors to byard. Upstairs offers three gen. size bedrooms, two full baths, great closets, and game room. Run the comps- we are the best value!

Investor Tools

$1,357,000

Estimated Property Value

$674,981Estimated Mortgage Balance

$682,019Estimated Equity

50% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,142 /month

Positive

Cash Flow Estimate:

$2,714 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,332/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$21,201

$1,357,000

2025

$459,000

$898,000

$1,357,000

Tax History

Year

Tax Paid

Assessed Value

2024

$21,201

$1,357,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$735,000

First

Jan 24, 2022

Feb 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$674,981

$682,019

50%

$4,407/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$4,407/mo

$-1,527/mo

2.5%

Learn About the Market: Opportunity in Dallas

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