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$1,524,000

NAL Estimated Property Value

6402 Lake Circle Drive, Dallas, TX, 75214

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,281 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.44 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size13,503 sqft

Building Information

Year Built1950
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000346744000000
Lot Number1
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD ESTATES BLK 3/4907 N PT LT 1 ACS 0.310 INT201800307551 DD11202018 CO-DC 4907 003 00100 1DA4907 003
Census Tract008000
Assessed Land Value$648,140
Assessed Improvement Value$638,200
Assessment Year2025

About this property

Sought after Lakewood schools with a magnificent backyard on a private lake 15min from downtown Dallas. Relax in the breath taking backyard with a waterfall and access to your private lake. House completely renovated in 2006 and then current owners have made a full list of updates including tankless hot water, mosquito system, new lawn and landscaping, fence, soundproofing and MUCH more! Downstairs you'll find your master retreat along with a 2nd bedroom, 2 living areas, and 3 fireplaces all with views of the lake! Kitchen has granite, plenty of cabinet space and a huge pantry. 2 bedrooms upstairs with a 3rd living or play area. This home even comes with an inside tornado shelter. This is a one of a kind home!

Investor Tools

Property Icon
$1,524,000
Estimated Property Value
$580,400Estimated Mortgage Balance
$943,600Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,144 /month
Positive
Cash Flow Estimate:
$3,048 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,910/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,304
$1,286,340
2025
$648,140
$638,200
$1,286,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,304
$1,286,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$638,000
No
First
Aug 16, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$580,400
$943,600
61%
38%
$3,826/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$4,076/mo
$-1,196/mo
2.3%

City: Dallas

6402 Lake Circle Drive | Property Details | No Agent List