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$591,530

NAL Estimated Property Value

6616 Highgate Ln, Dallas, TX, 75214

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,705 Sq Ft
price_per_sqft$322.58 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,559 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000397873000000
Lot Number5
SubdivisionFisher Road Heights
Land UseResidential
Legal DescriptionFISHER ROAD HEIGHTS BLK D/5428 LT 5 INT202300237674 DD11212023 CO-DC 5428 00D 00500 1005428 00D
Census Tract007902
Assessed Land Value$377,950
Assessed Improvement Value$213,580
Assessment Year2025

About this property

Charming East Dallas Ranch Home Nestled in the highly sought-after East Dallas neighborhood, this delightful ranch house emanates both comfort & calm. The home boasts hardwood flooring, three bedrooms & two meticulously updated bathrooms. Upon entering, you are greeted by an inviting atmosphere filled with an abundance of natural light. Neutral finishes provide a calming canvas for any decor. The home's functional layout caters to both everyday living & entertaining. One stand out is a bedroom equipped with a versatile Murphy bed allowing the room to transform from a comfortable guest room to a functional office space, making it ideal for remote work or accommodating overnight guests. The primary suite features a huge master bath & closet that makes sharing easy! One of the home's most enchanting features is its outdoor space offering a picturesque setting for relaxation or social gatherings. This East Dallas gem truly encapsulates the essence of modern living in a classic setting.

Investor Tools

Property Icon
$591,530
Estimated Property Value
$496,976Estimated Mortgage Balance
$94,554Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,549 /month
Positive
Cash Flow Estimate:
$1,183 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,294
$591,530
2025
$377,950
$213,580
$591,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,294
$591,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$520,600
No
First
Nov 21, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$496,976
$94,554
15%
84%
$3,122/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$3,122/mo
$-912/mo
4.5%

City: Dallas

6616 Highgate Ln | Property Details | No Agent List