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$600,000

6707 Mimms Dr, Dallas, TX, 75252

$780,000 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.68 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesLighting

Building Information

Year Built1986
Stories2
Garage Spaces2

Land Information

APNR-0614-015-0070-1
Lot Number7
SubdivisionPreston Highlands Phase Iv (Cda)
Land UseResidential
Legal DescriptionPRESTON HIGHLANDS PHASE IV (CDA), BLK 15/8734, LOT 7
Census Tract031709
Assessed Land Value$215,000
Assessed Improvement Value$574,414
Assessment Year2025

About this property

Imagine Luxury living in the heart of one of the States top subdivisions. No need to imagine because the dream is real. This Preston Highlands Gagewood beauty has a Classic charm with a fashionable flare that today's discriminating buyer is looking for. The impressive drive up is framed by a masquerade of mature trees. Glistening hardwoods welcome you in, the updated lighting from entry, kitchen, dining, thru to back patio will delight your senses. Vaulted living room, entertaining friendly kitchen with granite and stainless, owners retreat down with closet you have to see, plus 3 nice size bedrooms up with jack&jill and en-suit bath, yes Please! The elegant and refined family room has bar plus great views.

Investor Tools

Property Icon
$789,414
Estimated Property Value
$505,600Estimated Mortgage Balance
$325,967Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$780,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,736 /month
Positive
Cash Flow Estimate:
$1,579 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$924/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,145
$789,414
2025
$215,000
$574,414
$789,414
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,145
$789,414

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$505,600
No
First
Dec 23, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$463,447
$325,967
41%
59%
$3,032/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$3,032/mo
$-142/mo
4.4%

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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