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Owner Contacts

$270,000

6318 Richmond Ave Unit 4201, Dallas, TX, 75214

Off Market

1 Beds

1 Bath

785 Sq Ft

Condos / Townhouses

$2.29 / sqft

Built in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan, Washer

FlooringCeramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size1.50 acres

Building Information

Year Built1984

Stories1

Roof Type105

Land Information

APN00C0563000D404201

SubdivisionBois Du Lac Condominiums

Land UseResidential

Legal DescriptionBOIS DU LAC CONDOMINIUMS BLK 6/2100 LTS 5A5B 6A6B 7A7B &8A BLDG D4 UNIT 4201 CE 1.692% INT201900115261 DD05032019 CO-DC 2100

Census Tract001102

Assessment Year2025

About this property

This beautifully kept 1 bedroom condo in the heart of Lakewood is perfect for anybody looking to be close to Lakewood shopping and restaurants, including Whole Foods & Lakewood Country Club. Within minutes of White Rock Lake and situated in a great school district. Unit comes with all appliances. Kitchen opens up to a great living room with built in cabinets. Unit is in a quiet back corner of the complex & master bedroom has a large private balcony. Walk-in closets come with a custom rack system. NEW HVAC system & water heater.

Investor Tools

$270,000

Estimated Property Value

$92,076Estimated Mortgage Balance

$207,273Estimated Equity

66% 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

$555/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,310

$257,500

2025

N/A

$257,500

Tax History

Year

Tax Paid

Assessed Value

2024

$5,310

$257,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Citibank Na

Conventional

$92,076

First

Jul 16, 2012

Aug 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$62,727

$207,273

76%

23%

$553/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,480/mo

$553/mo

+$927/mo

6.6%

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