B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$787,700

NAL Estimated Property Value

6323 Royal Lane, Dallas, TX, 75230

Off Market

3 Beds

2 Bath

1,996 Sq Ft

Single Family Residence

$207.92 / sqft

Built in 1951

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size15,300 sqft

Building Information

Year Built1951

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000412942000000

Lot Number18

SubdivisionPreston Royal

Land UseResidential

Legal DescriptionPRESTON ROYAL BLK 4/5500 LT 18 INT201900257425 DD09252019 CO-DC 5500 004 01800 1005500 004

Census Tract013300

Assessed Land Value$504,900

Assessed Improvement Value$282,800

Assessment Year2025

About this property

Excellent opportunity to remodel or build on a third of an acre lot located between Preston and Hillcrest. Highly desirable Preston Royal neighborhood located near some of Dallas' best private schools and walking distance to Preston Royal Shopping Center. Much of the home has original hardwoods in good shape. Has been income producing lease property until listed. HOME IS BEING SOLD AS IS.

Investor Tools

$787,700

Estimated Property Value

$274,697Estimated Mortgage Balance

$513,003Estimated Equity

65% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,726 /month

Positive

Cash Flow Estimate:

$1,575 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,089/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,131

$787,700

2025

$504,900

$282,800

$787,700

Tax History

Year

Tax Paid

Assessed Value

2024

$9,131

$787,700

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Bank

Arm (Adjustable Rate Mortgage)

$320,000

First

Sep 25, 2019

Sep 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$274,697

$513,003

65%

35%

$1,437/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,437/mo

+$535/mo

3.0%

Learn About the Market: Opportunity in Dallas

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 This Area