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$260,780

NAL Estimated Property Value

6225 Balcony Lane, Dallas, TX, 75241

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,674 Sq Ft
price_per_sqft$117.98 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Lot Size5,500 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00829400210350000
Lot Number35
SubdivisionCollege Terrace Ph 2
Land UseResidential
Legal DescriptionCOLLEGE TERRACE PH 2 BLK 21/8294 LT 35 INT202200158986 DD06062022 CO-DC 8294 021 03500 4DA8294 021
Census Tract016711
Assessed Land Value$46,750
Assessed Improvement Value$214,030
Assessment Year2025

About this property

Great 3 bedroom home in quite neighborhood. Floor plan is a open concept and lots of living area connected to dining area and kitchen. Split bedrooms to give master a little privacy. All bedrooms have walk in closets. House backs up to a greenbelt so no neighbors behind your home. This home shows great and is ready for its next family.

Investor Tools

Property Icon
$260,780
Estimated Property Value
$210,063Estimated Mortgage Balance
$50,717Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,565 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,829
$260,780
2025
$46,750
$214,030
$260,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,829
$260,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Residential Acceptance Corp
Fha
$181,649
Yes
First
Aug 25, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,063
$50,717
19%
81%
$1,407/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,407/mo
+$565/mo
9.1%

City: Dallas

6225 Balcony Lane | Property Details | No Agent List