NoAgentList RatingHow are grades calculated?

1view

$425,000

6412 Mimms Drive, Dallas, TX, 75252

$429,648 ARV

Off Market

4 Beds

3 Bath

2,399 Sq Ft

Single Family Residence

$177.16 / sqft

Built in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesGas Cooktop, Microwave

FlooringCeramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1981

Stories1

Roof Type105

Garage Spaces2

Land Information

APNR-0436-015-0030-1

Lot Number3

SubdivisionPreston Highlands Phase Ii (Cda)

Land UseResidential

Legal DescriptionPRESTON HIGHLANDS PHASE II (CDA), BLK O/8734, LOT 3

Census Tract031709

Assessed Land Value$180,000

Assessed Improvement Value$410,424

Assessment Year2025

About this property

This Preston Highlands Beauty is HGTV ready. You'll enjoy a total Zen sensory experience once you enter thru the mahogany front door. Just painted paneling and baths, Engineered hardwood flooring in entry, kitchen, living, dining areas and all bedrooms, says welcome home. Raised ceilings, a almost total redo of kitchen with granite, gas cooktop, newer whirlpool SS appliances, db ovens, multi color custom undercounter lighting, Blanco deep undermount sink, plus a built in swivel mount tv will help you to relax. Replastered pool and deck, Styeline vinyle windows entire home, newer AC compressor and condenser, newer roof and gutters, new landscaping all of this and 4 bedrooms. Hurry!

Investor Tools

$622,000

Estimated Property Value

$0Estimated Mortgage Balance

$304,351Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$429,648

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,732 /month

Positive

Cash Flow Estimate:

$1,244 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$756/month

$175/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,961

$590,424

2025

$180,000

$410,424

$590,424

Tax History

Year

Tax Paid

Assessed Value

2024

$5,961

$590,424

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Simmons Bank

Conventional

$361,250

First

Mar 25, 2020

Apr 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$317,649

$304,351

48%

51%

$2,166/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,220/mo

$2,341/mo

$-121/mo

4.3%

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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