Street View

1view

Owner Contacts

$270,000

6257 Balcony Ln, Dallas, TX, 75241

Off Market

3 Beds

2 Bath

1,634 Sq Ft

Single Family Residence

$1.19 / sqft

Built in 2005

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator

Exterior

Lot Size5,500 sqft

Building Information

Year Built2005

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00829400210270000

Lot Number27

SubdivisionCollege Terrace Ph 2

Land UseResidential

Legal DescriptionCOLLEGE TERRACE PH 2 BLK 21/8294 LT 27 INT202000138500 DD05292020 CO-DC 8294 021 02700 4DA8294 021

Census Tract016711

Assessed Land Value$46,750

Assessed Improvement Value$199,050

Assessment Year2025

About this property

Back on mkt, This beautiful open concept home is just minutes from I-45 and I-20. Easy access to the interstates. Quiet well-maintained neighborhood. 3 Bedroom 2 Bath home. Wood-like vinyl plank throughout. NO carpet! Large, matured trees sit in the landscaped front yard presenting a welcoming curb appeal. Back yard offers a shade tree for those hot days. Separate laundry room with built in folding table and shelving. Oversized master closet. 2 car garage. To schedule a showing contact the listing agent. Easy to show!

Investor Tools

$270,000

Estimated Property Value

$189,255Estimated Mortgage Balance

$82,672Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,620 /month

Positive

Cash Flow Estimate:

$540 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$378/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,187

$245,800

2025

$46,750

$199,050

$245,800

Tax History

Year

Tax Paid

Assessed Value

2024

$3,187

$245,800

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Loandepot.Com Llc

Assumption

$189,255

Yes

First

Oct 6, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$187,328

$82,672

30%

69%

$1,135/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,135/mo

+$837/mo

8.8%

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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