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$811,000

NAL Estimated Property Value

6162 Monticello Ave, Dallas, TX, 75214

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,800 Sq Ft
price_per_sqft$436.11 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,991 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000233581000000
Lot Number7
SubdivisionLakeview Heights
Land UseResidential
Legal DescriptionLAKEVIEW HEIGHTS BLK 3D/2848 LT 7 INT202400131072 DD06282024 CO-DC 2848 03D 00700 1002848 03D
Census Tract000201
Assessed Land Value$539,460
Assessed Improvement Value$262,150
Assessment Year2025

About this property

*Multiple offers received! Best & Final offer deadline in place for Monday, 5-20-24 by 8pm CT. All offers to allow current tenant to complete lease through 6-30-24.*This cozy M Streets cottage features a bright and airy living room, perfect for entertaining or relaxing after a long day. The kitchen has been recently updated with stainless steel appliances, granite countertops, and plenty of cabinet space. The two bedrooms are spacious and offer ample closet space. Outside, you'll find a large backyard with plenty of room for outdoor activities. The property also includes an attached oversized garage for added storage. Located in the highly sought-after M Streets neighborhood, this home is just minutes away from popular dining and shopping destinations. Don't miss your chance to own this charming property in a prime location.

Investor Tools

Property Icon
$811,000
Estimated Property Value
$0Estimated Mortgage Balance
$811,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,866 /month
Positive
Cash Flow Estimate:
$1,622 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,107
$801,610
2025
$539,460
$262,150
$801,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,107
$801,610

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$811,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
N/A
+$1,750/mo
2.6%

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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6162 Monticello Ave | Property Details | No Agent List