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Owner Contacts

$1,261,840

NAL Estimated Property Value

6239 La Vista Drive, Dallas, TX, 75214

Off Market

3 Beds

3 Bath

3,101 Sq Ft

Single Family Residence

$201.55 / sqft

Built in 1919

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven, Plumbed For Ice Maker

FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,500 sqft

Building Information

Year Built1919

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000207313000000

Lot Number8

SubdivisionDannellys Summit Hill

Land UseResidential

Legal DescriptionDANNELLYS SUMMIT HILL BLK 2/2233 LT 8 INT201900217618 DD08162019 CO-DC 2233 002 00800 1002233 002

Census Tract001400

Assessed Land Value$170,000

Assessed Improvement Value$1,091,840

Assessment Year2025

About this property

This is not the busier La Vista address. Swiss Avenue Historic District location. Unbelievable value on this 3100 feet Historic home with extra deep lot. Accessed by front driveway or rear entry from alley. Recently painted in neutral colors throughout the downstairs and upstairs. Recent addition of backyard living space. Excellent floor plan with two livings areas down, formal dining and breakfast rm. Addtl. living area located upstairs could be a fourth bedroom with modifications. 3 generous sized bedrooms up. Multiple staircases. Spacious kitchen with double ovens, center island, and abundance of storage. Beautiful updated master bathroom with double vanities.

Investor Tools

$1,261,840

Estimated Property Value

$114,364Estimated Mortgage Balance

$1,147,476Estimated Equity

90% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,571 /month

Positive

Cash Flow Estimate:

$2,524 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,486/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,523

$1,261,840

2025

$170,000

$1,091,840

$1,261,840

Tax History

Year

Tax Paid

Assessed Value

2024

$11,523

$1,261,840

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Frost Bank

Commercial

$120,000

First

Oct 19, 2023

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$114,364

$1,147,476

90%

$720/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,210/mo

$720/mo

+$1,490/mo

2.1%

Learn About the Market: Opportunity in Dallas

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