NoAgentList RatingHow are grades calculated?

7view

Owner Contacts

$705,000

NAL Estimated Property Value

6517 Patrick Dr, Dallas, TX, 75214

Off Market

2 Beds

2 Bath

1,959 Sq Ft

Single Family Residence

$356.56 / sqft

Built in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Double Oven, Tankless Water Heater, Vented Exhaust Fan

FlooringCeramic Tile, Wood

Exterior

Lot Size7,925 sqft

Building Information

Year Built1959

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000242869000000

SubdivisionCaruth Terrace

Land UseResidential

Legal DescriptionCARUTH TERRACE BLK W/2959 LT 4 INT202000347525 DD12102020 CO-DC 2959 00W 00400 1002959 00W

Census Tract007902

Assessment Year2025

About this property

Welcome to this charming fully updated two bedroom and two bath home located in highly sought after Caruth Terrace neighborhood of Dallas. This home features an open concept living area and updated kitchen with modern appliances and a spacious air conditioned sun porch. Additional highlights include two car garage and security gate. This home blends modern updates and charm in a prime location.

Investor Tools

$705,000

Estimated Property Value

$771,351Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,230 /month

Positive

Cash Flow Estimate:

$1,410 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,106/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,752

$635,870

2025

N/A

$635,870

Tax History

Year

Tax Paid

Assessed Value

2024

$9,752

$635,870

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$782,800

First

Jul 11, 2025

Aug 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$771,351

N/A

109%

$4,694/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,210/mo

$4,694/mo

$-2,484/mo

3.8%

Learn About the Market: Opportunity in Dallas

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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.

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