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Owner Contacts

$215,210

NAL Estimated Property Value

6470 Palm Island St, Dallas, TX, 75241

Off Market

3 Beds

2 Bath

1,073 Sq Ft

Single Family Residence

$186.3 / sqft

Built in 1972

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Electric Range

FlooringLaminate

Exterior

Lot Size8,654 sqft

Building Information

Year Built1972

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000639593270000

Lot Number27

SubdivisionHighland Green

Land UseResidential

Legal DescriptionHIGHLAND GREEN BLK 6/6870 LOT 27 PALM ISLAND ST & TIOGA ST INT202400193995 DD09202024 CO-DC 6870 006 02700 4DA6870 006

Census Tract020200

Assessed Land Value$70,000

Assessed Improvement Value$145,210

Assessment Year2025

About this property

Updated with new flooring, paint, quartz kitchen counter. Skylight in kitchen brings in natural light throughout the home. Located on a corner lot with spacious backyard and storage. Washer and dryer hookups located in the garage.

Investor Tools

$215,210

Estimated Property Value

$171,482Estimated Mortgage Balance

$43,728Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,291 /month

Positive

Cash Flow Estimate:

$430 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$491/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,810

$215,210

2025

$70,000

$145,210

$215,210

Tax History

Year

Tax Paid

Assessed Value

2024

$4,810

$215,210

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

All Western Mortgage Inc

Fha

$176,739

Yes

First

Sep 20, 2024

Oct 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$171,482

$43,728

20%

80%

$1,060/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,060/mo

+$912/mo

11.0%

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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