7view

Owner Contacts

$2,649,310

NAL Estimated Property Value

6702 Lakewood Boulevard, Dallas, TX, 75214

Off Market

4 Beds

4 Bath

3,762 Sq Ft

$425.04 / sqft

Built in 1927

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Microwave, Other, Vented Exhaust Fan

FlooringCarpet, Stone, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting

Lot Size16,121 sqft

Building Information

Year Built1927

Roof Type105

Garage Spaces2

Land Information

APN00000231097000000

Lot Number1

SubdivisionCountry Club

Land UseResidential

Legal DescriptionCOUNTRY CLUB ESTATES BLK P/2801 W80FT LT 1 INT202000272894 DD10022020 CO-DC 2801 00P 00100 0102801 00P

Census Tract000100

Assessed Land Value$967,260

Assessed Improvement Value$1,682,050

Assessment Year2025

About this property

Incredible opportunity to own 4 BR Lakewood Georgian on 80x202 lot with pool,sport court & full guest house.Enter to gorgeous staircase,large formals,additional family room, breakfast room with built-ins,signature “Monday morning tile” & kitchen with SS appliances & painted cabinetry.The home’s second floor has 3 BRs & the master with walk-in closet & updated bathroom.The home’s third floor has the 4th bedroom, a full bathroom & third living space.The large backyard has pool, covered patio, hot tub & back house with laundry room, exercise room, storage & second floor guest quarters with BR & full kitchen.This home is perfect to add your designer touches & has the potential to be one of Lakewood’s premier homes.

Investor Tools

$2,649,310

Estimated Property Value

$2,134,511Estimated Mortgage Balance

$514,799Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$15,896 /month

Positive

Cash Flow Estimate:

$5,299 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$5,207/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$49,232

$2,649,310

2025

$967,260

$1,682,050

$2,649,310

Tax History

Year

Tax Paid

Assessed Value

2024

$49,232

$2,649,310

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First United Bank & Trust Co

Conventional

$2,320,000

First

Feb 22, 2022

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$2,134,511

$514,799

19%

81%

$13,910/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$13,910/mo

$-11,030/mo

1.3%

Learn About the Market: Opportunity in Dallas

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