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Owner Contacts

$1,596,000

NAL Estimated Property Value

6423 Del Norte Ln, Dallas, TX, 75225

Off Market

4 Beds

4 Bath

4,390 Sq Ft

Single Family Residence

$179.73 / sqft

Built in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size5,061 sqft

Building Information

Year Built2007

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000405538000000

Lot Number4

SubdivisionPrestonville

Land UseResidential

Legal DescriptionPRESTONVILLE BLK 3/5464 W LT 4 LESS ROW INT202000257917 DD09222020 CO-DC 5464 003 00400 1DA5464 003

Census Tract007701

Assessed Land Value$250,000

Assessed Improvement Value$1,345,880

Assessment Year2025

About this property

Light & bright single family attached w open living floor plan in Preston Hollow. Stunning updates include quartz counters in kitchen & master, transitional fixtures & new exterior paint. Master suite down w oversized walk-in closet & spa bath. Open kitchen w stainless appliances, double oven, island & breakfast rm all overlooking large family rm w fireplace. 4 guest rms up w spacious game rm & wet bar plus bonus rm that can set up nicely as an office or exercise room. Attached two car garage, screened porch w space for outdoor dining & lounge furniture plus grassy area for play or dogs. Ideal Preston Hollow location convenient to shopping, dining, entertainment & parks. Floorplan in supplements above.

Investor Tools

$1,596,000

Estimated Property Value

$813,392Estimated Mortgage Balance

$782,608Estimated Equity

49% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,576 /month

Positive

Cash Flow Estimate:

$3,192 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,167/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$18,023

$1,595,880

2025

$250,000

$1,345,880

$1,595,880

Tax History

Year

Tax Paid

Assessed Value

2024

$18,023

$1,595,880

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Better Mortgage Corporation

Conventional

$605,000

First

Jul 24, 2021

Aug 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$813,392

$782,608

49%

51%

$5,334/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,860/mo

$5,334/mo

$-1,474/mo

2.9%

Learn About the Market: Opportunity in Dallas

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