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Owner Contacts

$1,084,000

6235 Richmond Ave, Dallas, TX, 75214

Off Market

4 Beds

2 Bath

1,756 Sq Ft

Duplex

$1.48 / sqft

Built in 1931

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Gas Oven, Microwave, Refrigerator, Washer

FlooringTile, Wood

Exterior

Lot Size10,106 sqft

Building Information

Year Built1931

Stories2

Roof Type105

Land Information

APN00000198847000000

Lot Number7-8

SubdivisionLakewood Heights

Land UseResidential

Legal DescriptionLAKEWOOD HEIGHTS BLK 2/2084 PT LOTS 7 & 8 FULL DUPLEX VOL96110/0672 DD053196 CO-DALLAS 2084 002 00800 1DA2084 002

Census Tract001102

Assessed Land Value$545,720

Assessed Improvement Value$249,280

Assessment Year2025

About this property

3 bedroom 2 bath upstairs duplex in Lakewood Heights! This 1931 home has been tediously preserved with restored original light fixtures, original tile fireplace, original tile bathrooms, concave wall trim, and gorgeous stained glass built in cabinets. There is a large covered front porch and a second Juliet balcony, as well as a shared yard space in the back. This is a rare gem for the historic charm lovers! This is a great location, walking distance to Lakewood Shopping Center and Greenville Avenue!

Investor Tools

$1,084,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,084,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,504 /month

Positive

Cash Flow Estimate:

$2,168 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,869/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$17,003

$795,000

2025

$545,720

$249,280

$795,000

Tax History

Year

Tax Paid

Assessed Value

2024

$17,003

$795,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,084,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

N/A

+$2,880/mo

3.2%

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