$1,343,000
NAL Estimated Property Value6405 Azalea Ln, Dallas, TX, 75230
$1,399,020 ARV
Off Market
Property Lead Type:
Off-Market ListARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesOther
FlooringConcrete
Exterior
Lot Size14,320 sqft
Building Information
Year Built1951
Stories1
Roof Type105
Garage Spaces4
Land Information
APN00000413068000000
Lot Number3
SubdivisionRoyal
Land UseResidential
Legal DescriptionROYAL CREST BLK 8/5500 LOT 3 AZALEA LN VOL90139/0290 EX071690 CO-DALLAS 5500 008 003 1005500 008
Census Tract013300
Assessed Land Value$859,200
Assessed Improvement Value$441,840
Assessment Year2025
About this property
Rare opportunity to own an exceptional .32 acre (90x159) corner lot with beautiful mature trees in the heart of Preston Hollow. Unbeatable central Dallas location with proximity to Dallas’ top private schools, Preston Royal Shopping Center, and the Northaven Trail. The existing home is being sold as-is, with value placed in the land, presenting an exceptional opportunity to build a custom residence or bring your remodel vision to life in one of the city's most sought-after neighborhoods. New survey available.
Investor Tools
$1,343,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,343,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,399,019
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,058 /month
Positive
Cash Flow Estimate:
$2,686 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,756/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,356
$1,301,040
2025
$859,200
$441,840
$1,301,040
No
Tax History
Year
Tax Paid
Assessed Value
2024
$14,356
$1,301,040
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Credit Line (Revolving) / Heloc
$505,100
No
First
N/A
May 2033
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,343,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
2.3%
