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$118,310

NAL Estimated Property Value

6646 E Lovers Ln # M-1308, Dallas, TX, 75214

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths717 Sq Ft
price_per_sqft$153.28 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting
Lot Size5.03 acres

Building Information

Year Built1979
Stories1
Roof Type105

Land Information

APN00000398224080000
Lot Number1
SubdivisionOaks On The Lane Condo Ph Ii
Land UseResidential
Legal DescriptionOAKS ON THE LANE CONDO PH II PT LOT 1-2.568 AC LOVERS LANE BLDG M UNIT 1308 & 0.61% CE INT202400037930 DD01232024 CO-DC 5431
Census Tract007902
Assessed Land Value$40,080
Assessed Improvement Value$78,230
Assessment Year2025

About this property

Welcome to this well maintained gem in the gated Oaks on the Lane community that is centrally located just minutes from SMU's campus. This gorgeously updated unit with an open concept floor plan includes one spacious Master bedroom that features an ensuite renovated bathroom and a great size walk-in closet. The galley kitchen is equipped with all black appliances, quartz counter tops and has plenty of cabinet storage. It flows seamlessly into the dining and living area, creating an open and inviting space. The bright living room boasts a vaulted ceiling, skylight, and a cozy fireplace. Vinyl flooring throughout adds ease and style. Enjoy the tranquil atmosphere the private balcony has to offer. Amenities include two community pools and one assigned carport space. New roof is being installed throughout the condominium. Convenient location close to major highways in a friendly neighborhood with easy access to shopping centers, parks, and schools, blending urban convenience with sanctuary living. Ideal for first-time buyers, professionals, down-sizers or investors.

Investor Tools

Property Icon
$118,310
Estimated Property Value
$0Estimated Mortgage Balance
$118,310Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$710 /month
Positive
Cash Flow Estimate:
$237 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,420
$118,310
2025
$40,080
$78,230
$118,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,420
$118,310

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$118,310
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$325/mo
+$1,155/mo
15.0%

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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