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Owner Contacts

$727,620

NAL Estimated Property Value

6217 Monticello Ave, Dallas, TX, 75214

Off Market

2 Beds

2 Bath

1,519 Sq Ft

$437.79 / sqft

Built in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Gas Cooktop, Microwave, Refrigerator

FlooringWood

Exterior

Lot Size8,443 sqft

Building Information

Year Built1953

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000233500000000

Lot Number4

SubdivisionLakeview Heights

Land UseResidential

Legal DescriptionLAKEVIEW HEIGHTS BLK 3B/2848 LT 4 INT202300097897 DD05172023 CO-DC 2848 03B 00400 1002848 03B

Census Tract000201

Assessed Land Value$506,580

Assessed Improvement Value$221,040

Assessment Year2025

About this property

This charming cottage is move-in ready 2BR, 2BA. In the heart of Lakewood M Streets! Kitchen opens to second living space , hardwood flooring throughout, Untouched knotty pine on den walls & kitchen cabinets. Welcomed by a side-entry driveway, to a large, detached 2-car garage. Large shaded backyard, perfect for entertaining. Survey is available.Availability to build to suit with Douglas Signature Homes.

Investor Tools

$727,620

Estimated Property Value

$661,492Estimated Mortgage Balance

$66,128Estimated Equity

9% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,366 /month

Positive

Cash Flow Estimate:

$1,455 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,267/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,564

$727,620

2025

$506,580

$221,040

$727,620

Tax History

Year

Tax Paid

Assessed Value

2024

$11,564

$727,620

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Pasb Investments Ltd

Purchase Money Mortgage

$700,000

First

May 17, 2023

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$661,492

$66,128

91%

$4,197/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,750/mo

$4,197/mo

$-2,447/mo

2.9%

Learn About the Market: Opportunity in Dallas

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