B+

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Owner Contacts

$1,204,000

NAL Estimated Property Value

6618 Lakeshore Drive, Dallas, TX, 75214

Off Market

3 Beds

2 Bath

2,001 Sq Ft

Single Family Residence

$497.25 / sqft

Built in 1932

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater

FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size9,147 sqft

Building Information

Year Built1932

Stories1

Roof Type104

Garage Spaces2

Land Information

APN00000246250000000

Lot Number5

SubdivisionCountry Club

Land UseResidential

Legal DescriptionCOUNTRY CLUB ESTS BLK J/2983 LT 5 203'CAMBRIA INT202100352951 DD11232021 CO-DC 2983 00J 00500 1002983 00J

Census Tract000100

Assessed Land Value$548,820

Assessed Improvement Value$576,700

Assessment Year2025

About this property

AUTHENTIC DINES & KRAFT HOME Designed & Built In 1932 By One Of Lakewood's Original Builder Developer. Spanish Ecletic Style Has All Of The Architectural Features One Looks For In Dallas Most Sought-After Urban Areas. From The Ludowici Tile Roof & Wonderful Vaulted Ceiling In LR To The Potter Iron Fixtures, Bachelder Tile Fireplace, Stunning 9 ft. Arched Stain Glass Windows To The Monday Morning Broken Tile In The Bkfst Room Along With Original Built In Buffet . Has Original Features & Tasteful Updates. Addtl Living Space Provided By Spacious Living Qtrs Aove Garage w Full Kitchen & Bath & Additional Storage. RIVERBEND SANDLER Saltwater Pool. LAKEWOOD ELEMENTARY. Close To The Lake For Walking & Biking TRAILS!

Investor Tools

$1,204,000

Estimated Property Value

$768,524Estimated Mortgage Balance

$435,476Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,224 /month

Positive

Cash Flow Estimate:

$2,408 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,189/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$20,250

$1,125,520

2025

$548,820

$576,700

$1,125,520

Tax History

Year

Tax Paid

Assessed Value

2024

$20,250

$1,125,520

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

City Bank

Conventional

$840,000

First

Nov 23, 2021

Dec 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$768,524

$435,476

36%

64%

$5,037/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,210/mo

$5,037/mo

$-2,827/mo

2.2%

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