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Owner Contacts

$88,900

6646 E Lovers Lane 408, Dallas, TX, 75214

$110,779 ARV

Off Market

1 Beds

1 Bath

749 Sq Ft

Condos / Townhouses

$118.69 / sqft

Built in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer

FlooringVinyl, Wood

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size5.03 acres

Building Information

Year Built1979

Stories1

Roof Type105

Land Information

APN00000398222540000

Lot Number1

SubdivisionOaks On The Lane Condominiums

Land UseResidential

Legal DescriptionOAKS ON THE LANE CONDOMINIUM PH I PT LT 1-2.518 AC LOVERS LANE BLDG D UNIT 408 & 0.64% CE INT2024001015636 DD05232024 CO-DC

Census Tract007902

Assessed Land Value$42,050

Assessed Improvement Value$96,520

Assessment Year2025

About this property

Home sweet home! This beautifully renovated and updated condo located in gated community with swimming pool and very close to a greenbelt trail. Updated floorings in kitchen and master Bath with Granite countertops and Stainless Steel appliances. Updated Master Bathroom and a super cool ceiling fan in the living room. New paint in Master bedroom, living dining room, and cabinets. Huge master bedroom. Washer and dryer inside the unit included. Balcony to view the greenbelt. Located near loop 12, highway 75, restaurants and shopping centers. 65 inch TV included with full offer. Assigned carport. Walking distance to the swimming pool. HOA do outside maintenance twice a week.

Investor Tools

$138,570

Estimated Property Value

$0Estimated Mortgage Balance

$4,554Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$110,778

Rent-to-Value Ratio: 0.72%

Rent Estimate

$831 /month

Positive

Cash Flow Estimate:

$277 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$312/month

$308/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,055

$138,570

2025

$42,050

$96,520

$138,570

Tax History

Year

Tax Paid

Assessed Value

2024

$3,055

$138,570

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Aspire Mortgage Advisors Llc

Conventional

$135,800

First

Aug 20, 2025

Sep 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$134,016

$4,554

97%

$815/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,480/mo

$1,123/mo

+$357/mo

12.8%

Learn About the Market: Opportunity in Dallas

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