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Owner Contacts

$4,999,999

6407 Joyce Way, Dallas, TX, 75225

Pending

5 Beds

8 Bath

6,565 Sq Ft

Single Family Residence

$761.61 / sqft

Built in 2026

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Tankless Water Heater

FlooringWood

Exterior

Private Pool

Exterior FeaturesRain Gutters, Outdoor Grill

Lot Size19,279 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000407800000000

Lot Number9

SubdivisionWalnut

Land UseResidential

Legal DescriptionWALNUT CREST BLK 1/5478 LOT 9 INT202400210504 DD10172024 CO-DC 5478 001 00900 1005478 001

Census Tract007702

Assessed Land Value$1,147,100

Assessed Improvement Value$191,150

Assessment Year2025

About this property

Designed by D Best The Design Shop and built by New Leaf Custom Homes, this residence blends timeless architecture with refined modern finishes. The thoughtful layout offers separate living spaces, an oversized primary suite, a private guest suite, temperature-controlled wine room, wet bar, and an expansive prep pantry designed for seamless entertaining. With a pull-through garage and ample room for outdoor living, this home delivers elevated design, functionality, and luxury on nearly half an acre.

Investor Tools

$2,869,286Estimated Mortgage Balance

$2,080,714Estimated Equity

42% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$30,000 /month

Positive

Cash Flow Estimate:

$10,000 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$4,546/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$29,799

$1,338,250

2025

$1,147,100

$191,150

$1,338,250

Tax History

Year

Tax Paid

Assessed Value

2025

$29,799

$1,338,250

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Independent Bank

Open End Mortgage / Open End With Future Advance Clause

$2,929,679

First

Apr 3, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$2,869,286

$2,080,714

42%

58%

$17,565/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,960/mo

$17,565/mo

$-14,605/mo

0.7%

Learn About the Market: Opportunity in Dallas

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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.

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