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Owner Contacts

$853,000

NAL Estimated Property Value

6217 Alpha Road, Dallas, TX, 75240

Off Market

4 Beds

3 Bath

2,920 Sq Ft

$224.32 / sqft

Built in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Plumbed For Ice Maker

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size15,634 sqft

Building Information

Year Built1960

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000731497000000

Lot Number20

SubdivisionNorthwood Terrace

Land UseResidential

Legal DescriptionNORTHWOOD TERRACE BLK C/7419 LT 20 INT202200140962 DD05102022 CO-DC 7419 00C 02000 3007419 00C

Census Tract013608

Assessed Land Value$375,220

Assessed Improvement Value$403,800

Assessment Year2025

About this property

Beautifully updated 4 Bed 3 Bath 1 story Ranch home has open floor plan set back on a spacious lot providing a serene setting. Interior is accentuated by large windows, decorative lighting & ceiling fans. Gorgeous kitchen with new appliances and tasteful updates pleasing to the eye. Incredible master suite with fireplace and a fabulous remodeled master bath and large windows that allows natural light to pour in. Other updates include tile, baths remodeled, tankless water heater, pool equipment, triple pane windows,HVAC system, doors throughout, electrical and paint. Oversized garage with recently replaced garage door. Fantastic fenced in huge backyard with a sparkling pool perfect for entertaining.

Investor Tools

$853,000

Estimated Property Value

$465,647Estimated Mortgage Balance

$387,353Estimated Equity

45% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,118 /month

Positive

Cash Flow Estimate:

$1,706 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,797/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$17,299

$779,020

2025

$375,220

$403,800

$779,020

Tax History

Year

Tax Paid

Assessed Value

2024

$17,299

$779,020

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Chicago Mortgage Solutions Corp

Conventional

$508,000

First

Dec 30, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$465,647

$387,353

45%

55%

$3,046/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$3,046/mo

$-474/mo

3.6%

Learn About the Market: Opportunity in Dallas

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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.

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