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$625,000

6644 Gretchen Ln, Dallas, TX, 75252

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,770 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.63 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard, Garden

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-2687-023-0160-1
Lot Number16
SubdivisionPreston Highlands Phase Five (Cda)
Land UseResidential
Legal DescriptionPRESTON HIGHLANDS PHASE FIVE (CDA), BLK 23/8734, LOT 16
Census Tract031709
Assessed Land Value$193,500
Assessed Improvement Value$477,575
Assessment Year2025

About this property

Welcome to 6644 Gretchen, a beautifully maintained one-owner, single-story home in a highly sought-after neighborhood near Preston & Frankford Rd. This home boasts fantastic curb appeal with lush landscaping in both the front and back yards. Inside, you'll find a spacious and versatile layout featuring 4 bedrooms, 3 bathrooms, 2 living areas, and 2 dining areas—perfect for both entertaining and everyday living. The formal living and dining room showcase plantation shutters and a built-in bar, ideal for hosting guests. The family room is a cozy retreat with a fireplace, built-in entertainment and storage cabinet, and large windows that beautifully frame the backyard. The open-concept kitchen features newer appliances, double ovens, a built-in microwave, and generous counter space. The primary suite offers a private ensuite bath with separate vanities and a spacious walk-in closet. The additional bedrooms provide flexibility for family, guests, or a dedicated home office. Neutral tile, carpet, and paint throughout make it easy to add your personal touch. Major updates include a new roof, hot water heater and HVAC system, all replaced just over a year ago. Attic stairs newly replaced. Attic is also floored & lighted offering approx 400 sqft of storage space. Refrigerator, washer & dryer convey with home. Located in the highly desirable Plano ISD and close to UTD, this home offers a prime location with easy access to shopping, dining, parks, and major highways—all while maintaining a quiet, community feel. Don’t miss this incredible opportunity! Schedule your private showing today!

Investor Tools

Property Icon
$671,075
Estimated Property Value
$235,000Estimated Mortgage Balance
$440,919Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,026 /month
Positive
Cash Flow Estimate:
$1,342 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,579
$671,075
2025
$193,500
$477,575
$671,075
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,579
$671,075

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$235,000
No
First
Mar 13, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,156
$440,919
65%
34%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$1,409/mo
+$1,481/mo
5.2%

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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6644 Gretchen Ln | Property Details | No Agent List