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$947,620

NAL Estimated Property Value

6505 Redpine Rd, Dallas, TX, 75248

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,017 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$301.62 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Double Oven, Refrigerator, Tankless Water Heater
FlooringCarpet, Hardwood, Pavers, Tile

Exterior

Exterior FeaturesCourtyard, Covered Courtyard, Rain Gutters, Private Entrance
Lot Size8,581 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000820475560000
Lot Number29
SubdivisionPrestonwood
Land UseResidential
Legal DescriptionPRESTONWOOD 22 SEC 2 BLK 2/8193 LT 29 INT202200036707 DD02072022 CO-DC 8193 002 02900 3DA8193 002
Census Tract013619
Assessed Land Value$300,000
Assessed Improvement Value$647,620
Assessment Year2025

About this property

Welcome to this beautifully updated single-story home in the highly sought-after Prestonwood community. From the moment you step inside, you'll be captivated by the floor plan, rich hardwood floors, soaring ceilings, and an abundance of custom features throughout. The inviting living room serves as the heart of the home, showcasing custom-built cabinetry and a wood-burning fireplace that creates a warm and sophisticated atmosphere. The adjacent dining area flows seamlessly into the recently renovated chef's kitchen. Enjoy top-of-the-line appliances, a professional-grade range, a built-in refrigerator, exquisite custom hardwood cabinetry with exceptional storage solutions, luxurious quartzite countertops, designer lighting, and a spacious walk-in pantry. Indoor and outdoor living blend effortlessly in this exceptional home. Multiple access points lead to the expansive covered patio, an entertainer's dream featuring vaulted ceilings, beautiful wood detailing, and remote-controlled screens that provide added privacy while keeping insects at bay. The artificial turf surrounding the sides and back of the home creates an ideal space for children and pets to play while providing beautiful views and easy upkeep. The versatile floor plan offers four generously sized bedrooms plus a flexible bonus room that can easily serve as a fifth bedroom, home office, playroom, or fitness space. The spacious primary suite is a true retreat, complete with private access to a serene courtyard. Ideally located in the heart of Dallas, this remarkable home provides convenient access to premier shopping, fine dining, and highly regarded schools. Combining luxury finishes, functional spaces, and a great location, this Prestonwood gem is truly one of a kind.

Investor Tools

Property Icon
$947,620
Estimated Property Value
$286,386Estimated Mortgage Balance
$661,234Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,686 /month
Positive
Cash Flow Estimate:
$1,895 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,354
$947,620
2025
$300,000
$647,620
$947,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,354
$947,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$300,000
No
First
Jan 26, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,386
$661,234
69%
30%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$1,799/mo
+$1,171/mo
3.8%

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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6505 Redpine Rd | Property Details | No Agent List