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Owner Contacts

$125,000

NAL Estimated Property Value

6646 E Lovers Lane 1702, Dallas, TX, 75214

Off Market

2 Beds

1 Bath

849 Sq Ft

$153 / sqft

Built in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Electric Water Heater

FlooringLaminate

Exterior

Private Pool

Exterior FeaturesBalcony, Rain Gutters

Lot Size5.03 acres

Building Information

Year Built1979

Stories1

Roof Type105

Land Information

APN00000398224600000

Lot Number1

SubdivisionOaks On The Lane Condo Ph Ii

Land UseResidential

Legal DescriptionOAKS ON THE LANE CONDO PH II BLK 1/5431 PT LOT 1 ACS 2.568 BLDG Q UNIT 1702 & 0.72% CE INT202100375901 DD12162021 CO-DC 5431

Census Tract007902

Assessed Land Value$47,310

Assessed Improvement Value$74,950

Assessment Year2025

About this property

Beautiful Poolside condo that has 2 bedrooms and 1 bath with the view of the pool from your balcony! Beautiful laminated floors throughout. Amazing kitchen with and decorator tile backsplash. Appliances include: electric range and oven, dishwasher, vented hood, new refrigerator. Full size stack Washer & dryer. A wood burning fireplace, tankless hot water and New HVAC. Attic has lots of storage place. This is a great opportunity for first time home buyers. Enjoy having everything at your fingertips by being in close proximity to everything. Only a 5 min drive to Greenville strip. 9 min drive to North park mall. Walking distance to the trails where you can have a nice 2-mile bike ride to White Rock Lake.

Investor Tools

$125,000

Estimated Property Value

$98,202Estimated Mortgage Balance

$26,798Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$779 /month

Positive

Cash Flow Estimate:

$260 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$163/month

$349/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,327

$122,260

2025

$47,310

$74,950

$122,260

Tax History

Year

Tax Paid

Assessed Value

2024

$1,327

$122,260

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Caliber Home Loans Inc

Conventional

$107,133

First

Dec 16, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$98,202

$26,798

21%

79%

$643/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,750/mo

$992/mo

+$758/mo

16.8%

Learn About the Market: Opportunity in Dallas

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