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Owner Contacts

$1,897,000

NAL Estimated Property Value

6744 Patrick Drive, Dallas, TX, 75214

Off Market

4 Beds

5 Bath

4,616 Sq Ft

$319.54 / sqft

Built in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Wine Cooler

FlooringCarpet, Other, Wood

Exterior

Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Other

Lot Size16,127 sqft

Building Information

Year Built1955

Roof Type105

Garage Spaces2

Land Information

APN00000243211000000

Lot Number24

SubdivisionMockingbird Hill Rev

Land UseResidential

Legal DescriptionMOCKINGBIRD HILL REV BLK D/2960 LOT 24 INT202100106264 DD04092021 CO-DC 2960 00D 024 1002960D000

Census Tract007902

Assessed Land Value$725,720

Assessed Improvement Value$1,049,280

Assessment Year2025

About this property

YOUR OWN MID CENTURY TREE HOUSE! Lakewood Elementary neighborhood near trails, great restaurants, shopping, splash park and WR Lake. Views from the living room and master are breathtaking as they careen above the deep creek lined lot. Entertainers kitchen with 9 ft island and Ann Saks tile, luxury appliances and with large pantry and out door side patio. This home was rebuilt with exquisite details is an elegant East Dallas marvel with stunning oversized master with bathroom retreat. The secondary ensuite bedrooms are light filled and spacious. Main floor bedroom or office with built in shelving Murphy bed. Daylight basement space perfect for play room, office, guest quarters, wine cellar, or studio.

Investor Tools

$1,897,000

Estimated Property Value

$1,168,763Estimated Mortgage Balance

$728,237Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$11,382 /month

Positive

Cash Flow Estimate:

$3,794 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,134/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$28,118

$1,775,000

2025

$725,720

$1,049,280

$1,775,000

Tax History

Year

Tax Paid

Assessed Value

2024

$28,118

$1,775,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primelending

Conventional

$1,177,600

First

Apr 9, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,168,763

$728,237

38%

62%

$7,701/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$7,701/mo

$-4,821/mo

1.8%

Learn About the Market: Opportunity in Dallas

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