6view

Owner Contacts

$766,000

NAL Estimated Property Value

6232 E Lovers Ln, Dallas, TX, 75214

Off Market

4 Beds

3 Bath

2,270 Sq Ft

$286.34 / sqft

Built in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Dryer, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Washer

FlooringCeramic Tile, Laminate

Exterior

Lot Size8,085 sqft

Building Information

Year Built1970

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000394318400000

Lot Number30

SubdivisionLovers Lane East

Land UseResidential

Legal DescriptionLOVERS LANE EAST BLK L/5408 LT 30 INT202200092823 DD03312022 CO-DC 5408 00L 03000 1005408 00L

Census Tract007903

Assessed Land Value$280,000

Assessed Improvement Value$417,750

Assessment Year2025

About this property

*Multiple Offers Received. Offer deadline is Tuesday, Feb 1 by 3:00 pm. Beautifully renovated with designer finishes in 2020! This 4 bedroom, 3 bath home has an amazing updated interior, a great open floor plan and a large back yard. Vaulted ceilings in the family room, custom barn doors between the family and living room, and a gourmet kitchen create an inviting atmosphere. Large master bedroom and strikingly updated master bathroom with dual sinks, a walk-in closet and free-standing bathtub. Private guest suite for family and friends. This home is equipped with new cabinets, updated bathrooms, gorgeous quartz countertops, high-end appliances and designer light fixtures.

Investor Tools

$766,000

Estimated Property Value

$528,854Estimated Mortgage Balance

$237,146Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,596 /month

Positive

Cash Flow Estimate:

$1,532 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,292/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,670

$697,750

2025

$280,000

$417,750

$697,750

Tax History

Year

Tax Paid

Assessed Value

2024

$11,670

$697,750

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Conventional

$573,750

First

Mar 31, 2022

Apr 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$528,854

$237,146

30%

69%

$3,440/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$3,440/mo

$-560/mo

4.5%

Learn About the Market: Opportunity in Dallas

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