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$360,150

NAL Estimated Property Value

6423 Leana Ave, Dallas, TX, 75241

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,038 Sq Ft
price_per_sqft$217.86 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,099 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000640621000000
Lot Number9
SubdivisionAlameda Heights
Land UseResidential
Legal DescriptionALAMEDA HEIGHTS BLK 1/6887 LOT 9 INT202400227375 DD11072024 CO-DC 6887 001 00900 2006887 001
Census Tract011401
Assessed Land Value$65,000
Assessed Improvement Value$295,150
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. Please bring highest and best offer by Saturday, November 4th at 5PM. Great opportunity to own and build on a cleared lot with tons of new builds in the area. Newer homes sell in the $ 300-400k's so there should be plenty of room left in the budget. Incredible amount of development occurring here, walking distance to a DART Rail, along with UNT Dallas less the 2 miles away, along with plenty of talk of future development along Lancaster Rd.

Investor Tools

Property Icon
$360,150
Estimated Property Value
$329,713Estimated Mortgage Balance
$30,437Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,161 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,118
$360,150
2025
$65,000
$295,150
$360,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,118
$360,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$338,751
Yes
First
Nov 7, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,713
$30,437
8%
92%
$2,031/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,031/mo
$-59/mo
6.6%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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6423 Leana Ave | Property Details | No Agent List