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$418,000

6438 Southpoint Dr, Dallas, TX, 75248

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,444 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$171.03 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Simulated Wood

Exterior

Exterior FeaturesBalcony, Courtyard, Private Yard, Uncovered Courtyard
Lot Size3,300 sqft

Building Information

Year Built1973
Stories2
Roof Type172
Garage Spaces2

Land Information

APN00000799563900000
Lot Number40
SubdivisionPreston Green Ph 1
Land UseResidential
Legal DescriptionPRESTON GREEN PH 1 BLK 2/8202 LT 40 INT202300030970 DD02172023 CO-DC 8202 002 04000 3DA8202 002
Census Tract013619
Assessed Land Value$80,000
Assessed Improvement Value$318,500
Assessment Year2025

About this property

Well maintained and updated 2-story townhome in desirable Brentfield elementary school district! Located in the center of Preston Green and steps away from the neighborhood pool, this posh home is inherently designed for entertaining. Simply open the retractable glass doors joining the front courtyard and the living room, which is anchored by a grand stone fireplace and a built-in service wet bar, and you’re all set. Step up to the formal dining and updated kitchen with stainless appliances and adjoining eat in breakfast room – each with sole views to two of the three private courtyards. Upstairs is where you will find the split bedrooms with the spacious primary suite on one end and the second and third bedrooms with Jack and Jill bath on the other end of the hall. The primary suite also features access to a 72 sq ft screened porch for morning coffee and a separate sunroom-office area just outside of the primary suite.

Investor Tools

Property Icon
$462,000
Estimated Property Value
$400,900Estimated Mortgage Balance
$85,114Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,772 /month
Positive
Cash Flow Estimate:
$924 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$798/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,271
$398,500
2025
$80,000
$318,500
$398,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,271
$398,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$400,900
No
First
Feb 17, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,886
$85,114
18%
82%
$2,404/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$2,579/mo
$-299/mo
5.9%

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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