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$2,322,000

NAL Estimated Property Value

6263 Richmond Ave, Dallas, TX, 75214

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths1,938 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$335.4 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringWood

Exterior

Lot Size12,161 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000198832000000
Lot Number1,1-2
SubdivisionLakewood Heights
Land UseResidential
Legal DescriptionLAKEWOOD HEIGHTS LOT 1 & PT LT 2 ACS 0.2792 LESS PUBLIC EASEMENT INT202400099947 DD05162024 CO-DC 2084 002 00100 1002084 002
Census Tract001102
Assessed Land Value$656,690
Assessed Improvement Value$798,230
Assessment Year2025

About this property

Location is everything...especially when the neighborhood is one of the most sought-after in Dallas! This property is on a corner lot in the highly desired urban living enclave of Lakewood Heights, a vibrant community steeped in history. It offers all of the modern conveniences and a quiet respite from the hustle and bustle. This charming neighborhood is only a few miles away from SMU, White Rock Lake and the Dallas Arboretum and offers easy access to downtown. Outdoor enthusiasts will love the various tree-lined streets, walking trails, dedicated bike lanes and side streets that lead to the White Rock Boathouse or Lower Greenville as well as an abundance of nearby parks. Residents enjoy a variety of restaurants, boutiques, grocery, pet stores and much more within walking distance.

Investor Tools

Property Icon
$2,322,000
Estimated Property Value
$1,087,172Estimated Mortgage Balance
$1,234,828Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,932 /month
Positive
Cash Flow Estimate:
$4,644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,921/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,443
$1,454,920
2025
$656,690
$798,230
$1,454,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,443
$1,454,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Franklin Loan Center
Conventional
$1,100,000
No
First
Sep 16, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,087,172
$1,234,828
53%
47%
$6,596/mo

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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6263 Richmond Ave | Property Details | No Agent List