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$890,000

NAL Estimated Property Value

6538 Royal Lane, Dallas, TX, 75230

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$386.5 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan, Warming Drawer
FlooringWood

Exterior

Exterior FeaturesRain Gutters
Lot Size15,710 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000411820000000
Lot Number8
SubdivisionNor-Dal 2
Land UseResidential
Legal DescriptionNOR-DAL 2 BLK 8/5497 LOT 8 INT201900319767 DD11222019 CO-DC 5497 008 008 1005497 008
Census Tract007604
Assessed Land Value$377,040
Assessed Improvement Value$322,330
Assessment Year2025

About this property

Tucked into Preston Hollow just moments from Preston Royal, this fully renovated home offers a rare opportunity to step into the neighborhood with both style and value. Originally reimagined in 2020 as a personal home, the interior feel thoughtful and well considered throughout. The kitchen stands out with its sage green cabinetry, adding warmth and character while anchoring the main living spaces. Natural light, a dedicated office, and a sunroom create flexibility for both everyday living and working from home. Set on an oversized lot with a circle drive and room to expand, the property offers long-term potential - whether that's adding a pool, enhancing the exterior, or simply enjoying the scale of the lot as-is. For buyers looking to get into Preston Hollow under $900K with a home that already has personality and design in place, and walkable access to Preston Royal's shops and dining, this is a compelling opportunity.

Investor Tools

Property Icon
$890,000
Estimated Property Value
$138,771Estimated Mortgage Balance
$751,229Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,669/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,573
$699,370
2025
$377,040
$322,330
$699,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$15,573
$699,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$150,000
No
First
May 2, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,771
$751,229
84%
16%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$900/mo
+$1,072/mo
2.7%

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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6538 Royal Lane | Property Details | No Agent List