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$650,000

NAL Estimated Property Value

6715 Hillwood Lane, Dallas, TX, 75248

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,617 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.02 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Other

Exterior

Exterior FeaturesRain Gutters
Lot Size10,081 sqft

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN00000796935210000
Lot Number21
SubdivisionPreston Meadows
Land UseResidential
Legal DescriptionPRESTON MEADOWS BLK 2/8189 LOT 21 INT202000206532 DD08062020 CO-DC 8189 002 02100 3008189 002
Census Tract013606
Assessed Land Value$140,000
Assessed Improvement Value$416,000
Assessment Year2025

About this property

** BRING OFFERS**Professionally remodeled 1 story home nestled in Preston Meadows and Richardson ISD. Features new engineered hardwoods, open floor plan, plenty of natural light and entertainment space. New windows, tile, paint, and exterior doors. 4 bed, 3 full baths. Delightful master suite w private outside seating area. Stylish finishes & designer details are found thru-out. 1 secondary bedroom has its own full bathroom. Easy entertaining or relaxing in formal living & dining. Kitchen boasts oversize kitchen island, w plenty of built in cabinetry, ss appliances, granite counter tops and stylish lighting, open to living area. No garage. Driveway is large enough for 2 autos or install a carport.

Investor Tools

Property Icon
$650,000
Estimated Property Value
$334,050Estimated Mortgage Balance
$315,950Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,090/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,830
$556,000
2025
$140,000
$416,000
$556,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,830
$556,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$376,000
No
First
Aug 6, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,050
$315,950
48%
51%
$2,255/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$2,255/mo
+$715/mo
5.5%

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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6715 Hillwood Lane | Property Details | No Agent List