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$1,370,420

NAL Estimated Property Value

6506 Crestmere Dr, Dallas, TX, 75254

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,759 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$385.74 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Range, Gas Water Heater, Indoor Grill, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCeramic Tile, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size21,364 sqft

Building Information

Year Built1968
Stories1
Roof Type172
Garage Spaces3

Land Information

APN00000794591200000
Lot Number9
SubdivisionMeadowcreek Dr
Land UseResidential
Legal DescriptionNORTHWOOD HILLS ESTATES BLK 4/8181 LOT 9 MEADOWCREEK DR & CRESTMERE DR INT202300257697 DD12282023 CO-DC 8181 004 00900
Census Tract013608
Assessed Land Value$500,000
Assessed Improvement Value$870,420
Assessment Year2025

About this property

Condition, Location Design - this property has it all! Plus 39 (owned) solar panels makes the electric bill an afterthought with a 12 month low of $14.84. The manicured, mature oak trees makes this lot special. The floor plan is great with four bedrooms, three and a half baths, and two living areas. There is also an oversized, three car garage. The floor to ceiling windows in so many rooms allows the natural light to pour in. The second living area is set apart from most of the home and is flexible. The spacious kitchen has an island, double ovens, a gas cook-top with griddle and grill, under cabinet lighting, and a built-in refrigerator! The counter space goes on for yards. The storage in this home is vast and spread well throughout the property. All the bedrooms are spacious and attached to a bathroom. The primary suite is complemented with a fireplace and two closets. The primary bath has been updated and is spectacular. The backyard oasis - simply beautiful.

Investor Tools

Property Icon
$1,370,420
Estimated Property Value
$1,055,653Estimated Mortgage Balance
$314,767Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,728/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,885
$1,370,420
2025
$500,000
$870,420
$1,370,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,885
$1,370,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$1,104,000
No
First
Dec 12, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,055,653
$314,767
22%
77%
$6,620/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,840/mo
$7,020/mo
$-4,180/mo
2.5%

City: Dallas

6506 Crestmere Dr | Property Details | No Agent List