B+

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Owner Contacts

$650,000

6625 Bandera Avenue 2D, Dallas, TX, 75225

Off Market

2 Beds

3 Bath

2,501 Sq Ft

Condos / Townhouses

$259.9 / sqft

Built in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Electric Oven, Microwave

FlooringLaminate, Stone, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1.94 acres

Building Information

Year Built2006

Stories1

Roof Type172

Garage Spaces2

Land Information

APN00C1487066250002D

Lot Number8A

SubdivisionDrexel Park Hollow Condos Ph 1

Land UseResidential

Legal DescriptionDREXEL PARK HOLLOW CONDOS PH 1 BLK 6/5464 LT 8A ACS 1.937 BLDG 6625 UNIT 2D CE 2.35% INT202200074643 DD03152022 CO-DC 5464

Census Tract007701

Assessed Land Value$118,970

Assessed Improvement Value$689,870

Assessment Year2025

About this property

OFFER DEADLINE: MONDAY FEB 7TH - 10am. Spacious gated condominium in Drexel Park Hollow nestled between Preston Hollow and the Park Cities yields to a true lock and leave lifestyle. Open floor plan features multiple comfortable living spaces with wood and stone flooring throughout. Multiple balconies in this corner unit that bring in lots of natural light. Chef's upgraded kitchen boasts high-end appliances, including 6-burner Wolf range, subzero built-in fridge, and double Thermador oven. Relax in your master suite with oversized jetted tub, generous walk in shower and extra large walk-in closet. Very secure condominium within walking distance from popular eateries and shopping.

Investor Tools

$808,840

Estimated Property Value

$0Estimated Mortgage Balance

$364,096Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,853 /month

Positive

Cash Flow Estimate:

$1,618 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,583/month

$1,006/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,949

$808,840

2025

$118,970

$689,870

$808,840

Tax History

Year

Tax Paid

Assessed Value

2024

$14,949

$808,840

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Conventional

$482,500

First

Mar 15, 2022

Apr 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$444,744

$364,096

45%

55%

$2,893/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,350/mo

$3,899/mo

$-1,549/mo

3.5%

Learn About the Market: Opportunity in Dallas

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