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$1,250,000

6631 Inwood Rd, Dallas, TX, 75209

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,075 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$324.55 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator
FlooringCarpet, Marble, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size20,000 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00000347240000000
Lot Number1
SubdivisionShannon
Land UseResidential
Legal DescriptionSHANNON ESTATES BLK 3/4916 S 1/2 LOT 1 INT202200146499 DD05242022 CO-DC 4916 003 00100 1004916 003
Census Tract007102
Assessed Land Value$605,000
Assessed Improvement Value$342,220
Assessment Year2025

About this property

Remodel, enlarge or new build- Make this home Your Dream Home. One story home has beautiful hardwoods, 4 fireplaces, 2 car garage + 3 more covered parking spaces - located across from Greenway Parks on a 100' X 200' (.459 ac.) lot in great location near Inwood Village and Highland Park Village. The eat-in kitchen features stainless appliances, Carrara marble counter tops, St. Charles cabinetry, a walk in pantry, a bar with a sink and opens to the den with a fireplace & views of the back yard. The master bedroom has a fireplace & nice master bath with large walk-in shower. A 2nd bedroom has an ensuite bath. Off the kitchen is an office with a fireplace which could also be a 4th bedroom. There is a possible location off the bedroom for a small full 4th bathroom. The backyard features a large deck and mature trees. An electric wrought iron gate provides convenient access to the backyard, garage & carport as well as extra security.

Investor Tools

Property Icon
$1,250,000
Estimated Property Value
$111,500Estimated Mortgage Balance
$1,179,506Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,630/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,309
$947,220
2025
$605,000
$342,220
$947,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,309
$947,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Share Plus Federal Bank
Conventional
$111,500
No
First
Dec 10, 2010
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,494
$1,179,506
94%
6%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,370/mo
N/A
+$2,370/mo
2.3%

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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6631 Inwood Rd | Property Details | No Agent List