B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$189,980

NAL Estimated Property Value

6227 Songwood Dr, Dallas, TX, 75241

Off Market

3 Beds

2 Bath

1,078 Sq Ft

Single Family Residence

$1.72 / sqft

Built in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Microwave

Exterior

Lot Size8,617 sqft

Building Information

Year Built1962

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000644677000000

Lot Number38

SubdivisionSinging Hills

Land UseResidential

Legal DescriptionSINGING HILLS LOT 38 SONGWOOD DR INT202100252201 DD08202021 CO-DC 6897 000 03800 2006897 000

Census Tract011300

Assessed Land Value$50,000

Assessed Improvement Value$139,980

Assessment Year2025

About this property

You are going to be in impressed by this adorable FULLY FURNISHED, recently updated home. You will love all the modern touches and open floor plan. Low maintenance vinyl floors throughout. The kitchen has plenty of cabinets for storage, gas oven, microwave, fridge and a separate eating area. Separate eating area with stylish, modern lighting. 3 spacious bedrooms, 1.5 bath. 2 car garage and extra-long driveway for additional parking.

Investor Tools

$189,980

Estimated Property Value

$124,517Estimated Mortgage Balance

$65,463Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,140 /month

Positive

Cash Flow Estimate:

$380 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$439/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,321

$189,980

2025

$50,000

$139,980

$189,980

Tax History

Year

Tax Paid

Assessed Value

2024

$4,321

$189,980

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Lendsure Mortgage Corp

Conventional

$135,087

First

Mar 18, 2022

Apr 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$124,517

$65,463

34%

66%

$810/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$810/mo

+$1,162/mo

12.5%

Learn About the Market: Opportunity in Dallas

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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.

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