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$489,000

6303 Richmond Ave # B-209, Dallas, TX, 75214

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,826 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$267.8 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size24,750 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00C61590000B00209
Lot Number18-20
SubdivisionRichmond Condominiums
Land UseResidential
Legal DescriptionRICHMOND CONDOMINIUMS BLK 1/2078 LTS 18 19 & 20 BLDG B UNIT 209 CE 8.85% INT202500089193 DD04302025 CO-DC 2078 001 01800
Census Tract001102
Assessed Land Value$131,420
Assessed Improvement Value$415,060
Assessment Year2025

About this property

This exceptional corner unit is situated in a secure gated community in the heart of Lakewood. It is filled with natural light and offers beautiful treetop views on two sides. On the first floor, you will find a spacious living area with tall ceilings and oversized windows, a cozy fireplace, a dining area, an updated kitchen, a half bath, and a large primary suite with a walk-in closet. The upstairs features a versatile floor plan that includes a full bath, two additional bedrooms, and a library that can serve as a fourth bedroom, study, or home office. Lakewood is a wonderful neighborhood with immediate access to great restaurants, shopping, coffee shops, and more. This condo also includes an outdoor storage closet, a one-car garage, and two covered parking spaces, all enhanced by a gated entrance for added security. All windows were replaced in 2020. The location is perfect, with walking distance to Lakewood Village.

Investor Tools

Property Icon
$546,480
Estimated Property Value
$364,250Estimated Mortgage Balance
$189,190Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,279 /month
Positive
Cash Flow Estimate:
$1,093 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$730/month
$470/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,030
$546,480
2025
$131,420
$415,060
$546,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,030
$546,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$364,250
No
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,290
$189,190
34%
65%
$2,184/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$2,654/mo
$-444/mo
4.9%

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.

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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6303 Richmond Ave # B-209 | Property Details | No Agent List