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$257,500

NAL Estimated Property Value

6318 Richmond Ave # D4, Dallas, TX, 75214

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths785 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$329.94 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard
Lot Size1.50 acres

Building Information

Year Built1984
Stories1
Roof Type105

Land Information

APN00C0563000D404301
Lot Number5
SubdivisionBois Du Lac Condominiums
Land UseResidential
Legal DescriptionBOIS DU LAC CONDOMINIUMS BLK 6/2100 LTS 5A5B 6A6B 7A7B &8A BLDG D4 UNIT 4301 CE 1.692% INT202400043331 DD02292024 CO-DC 2100
Census Tract001102
Assessed Land Value$66,410
Assessed Improvement Value$191,090
Assessment Year2025

About this property

The complex showcases French-inspired architecture, featuring elements such as wrought iron details, balconies, and stucco finishes. Strategically located, offering convenience with proximity to amenities such as the Whole Foods Supermarket and the Lakewood Shopping Center. This top third-story corner unit is easily accessible, being only a few steps away from the elevator. The large open living area is highlighted by vaulted ceilings and a wood-burning fireplace, creating a cozy and inviting atmosphere. The eat-in kitchen is well-equipped with a breakfast bar, granite countertops, and stainless steel appliances. Double French doors open to a private balcony, providing a personal outdoor space with a great view. Residents can enjoy an inviting community pool with plenty of sitting areas, promoting a sense of community and relaxation. The complex is secured with a wrought iron security fence and a combination gate, ensuring the safety and privacy of its residents. Reserved carport 33

Investor Tools

Property Icon
$257,500
Estimated Property Value
$239,626Estimated Mortgage Balance
$17,874Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
$306/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,810
$257,500
2025
$66,410
$191,090
$257,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,810
$257,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$249,775
No
First
Feb 29, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,626
$17,874
6%
93%
$1,498/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$1,804/mo
$-324/mo
6.9%

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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6318 Richmond Ave # D4 | Property Details | No Agent List