B+

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Owner Contacts

$695,000

NAL Estimated Property Value

6626 Leameadow Dr, Dallas, TX, 75248

Off Market

3 Beds

2 Bath

2,355 Sq Ft

Single Family Residence

$1.66 / sqft

Built in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Convection Oven, Plumbed For Ice Maker

FlooringCarpet, Wood

Exterior

Lot Size10,303 sqft

Building Information

Year Built1972

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000796938640000

Lot Number5

SubdivisionPreston Meadows

Land UseResidential

Legal DescriptionPRESTON MEADOWS BLK 8/8189 LOT 5 INT202100150122 DD05172021 CO-DC 8189 008 00500 3008189 008

Census Tract013606

Assessed Land Value$225,000

Assessed Improvement Value$434,270

Assessment Year2025

About this property

Remarkably designed, one story in Prestonwood! Big windows with lots of light showcase the hardwood plank floor, quartz countertops in kitchen, SS appliances and crisp lines. Former owner was an architect and the attention to detail is apparent. Spa-like bathroom features a steam shower and rain head. Oversized walk-in master closet with custom closet system. New roof, windows, gyp board and hypoallergenic insulation throughout. Walking distance to Greenbelt. Prime location with quick access to the Tollway & 75.

Investor Tools

$695,000

Estimated Property Value

$442,063Estimated Mortgage Balance

$252,937Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,170 /month

Positive

Cash Flow Estimate:

$1,390 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,405/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,382

$659,270

2025

$225,000

$434,270

$659,270

Tax History

Year

Tax Paid

Assessed Value

2024

$13,382

$659,270

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ark-La-Tex Financial Services Llc

$488,750

Yes

First

May 17, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$442,063

$252,937

36%

64%

$2,931/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,970/mo

$2,931/mo

+$39/mo

5.1%

Learn About the Market: Opportunity in Dallas

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