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$237,000

NAL Estimated Property Value

6228 Hollis Ave, Dallas, TX, 75227

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,243 Sq Ft
price_per_sqft$160.9 / sqft
Year BuiltBuilt in 1944

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator
FlooringCeramic Tile, Wood

Exterior

Lot Size7,827 sqft

Building Information

Year Built1944
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000438202000000
Lot Number15
SubdivisionParkdale
Land UseResidential
Legal DescriptionPARKDALE BLK 39/5809 LT 15 INT202400170832 DD08212024 CO-DC 5809 039 01500 3005809 039
Census Tract008401
Assessed Land Value$60,000
Assessed Improvement Value$135,000
Assessment Year2025

About this property

Tucked away on a quiet, tree-lined street in the heart of the Parkdale neighborhood, this charming single-story Austin stone cottage awaits a new life. Teeming with potential. This home presents a fantastic investment opportunity for someone ready to return her to her glory days. Large windows in every room seamlessly blend indoor and outdoor spaces with an abundance of natural light. Original hardwood floors uncovered after years hiding beneath carpet are ready to put their best face forward. Numerous mature trees grace the front and backyard offering a peaceful, shaded retreat. Located just 15 minutes from Downtown Dallas and walking distance to the Lawnview Dart station, convenience is at your fingertips.

Investor Tools

Property Icon
$237,000
Estimated Property Value
$175,677Estimated Mortgage Balance
$61,323Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$524/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,108
$195,000
2025
$60,000
$135,000
$195,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,108
$195,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$181,350
No
First
Aug 21, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,677
$61,323
25%
74%
$1,088/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,088/mo
+$884/mo
10.0%

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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6228 Hollis Ave | Property Details | No Agent List