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$275,000

6303 Richmond Avenue 205, Dallas, TX, 75214

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,413 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$194.62 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesBalcony
Lot Size24,750 sqft

Building Information

Year Built1984
Stories2
Roof Type105

Land Information

APN00C61590000B00205
Lot Number18-20
SubdivisionRichmond Condominiums
Land UseResidential
Legal DescriptionRICHMOND CONDOMINIUMS BLK 1/2078 LTS 18 19 & 20 BLDG B UNIT 205 CE 7.88% INT202000215454 DD08052020 CO-DC 2078 001 01800
Census Tract001102
Assessed Land Value$117,020
Assessed Improvement Value$306,880
Assessment Year2025

About this property

MOTIVATED SELLER!Located in the heart of Lakewood,this spacious & welcoming condo is close to Lakewood shopping center & Whole Foods.It features 2 reserved parking spaces within a secure,gated community with easy access to White Rock Lake,Downtown & North Dallas!The 1st floor features 2 fireplaces & private balcony which make this home perfect for entertaining!The kitchen features granite c-tops & a breakfast bar open to the dining room.There are 2 large bedrooms upstairs with en-suite bathrooms & large walk-in closets.The home has been freshly painted & is bright with natural light.New windows to be installed by HOA in 2020.

Investor Tools

Property Icon
$423,900
Estimated Property Value
$0Estimated Mortgage Balance
$423,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,543 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
$343/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,000
$423,900
2025
$117,020
$306,880
$423,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,000
$423,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$423,900
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
$343/mo
+$1,407/mo
5.0%

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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6303 Richmond Avenue 205 | Property Details | No Agent List