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Owner Contacts

$924,410

NAL Estimated Property Value

6809 Hillwood Lane, Dallas, TX, 75248

Off Market

4 Beds

3 Bath

2,586 Sq Ft

$170.15 / sqft

Built in 1971

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size14,040 sqft

Building Information

Year Built1971

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000796556200000

Lot Number18

Land UseResidential

Legal DescriptionBLK 6/8188 LT 18 INT201900115869 DD05022019 CO-DC 8188 006 01800 3008188 006

Census Tract013606

Assessed Land Value$250,000

Assessed Improvement Value$674,410

Assessment Year2025

About this property

This corner lot features large shade trees that frame the home. Hardwood floors flow between the living, dining spaces and in the family room. The kitchen features granite counters, stainless appliances, lots of cabinetry and an eat-in counter. The family room has a wall of windows that take in natural light and great backyard views. Enjoy a cool drink on the large covered back porch. The split plan features a bed and bath on one end, two guest rooms on the front and the master suite in the back of the home. Updates include fresh paint 2019, LED cove lighting in the family room 2019; 3 comfort-height toilets 2019; fire-rated garage entry door 2019, roof and gutters 2018, board-on-board fence 2015.

Investor Tools

$924,410

Estimated Property Value

$887,542Estimated Mortgage Balance

$36,868Estimated Equity

3% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,546 /month

Positive

Cash Flow Estimate:

$1,849 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,535/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,800

$924,410

2025

$250,000

$674,410

$924,410

Tax History

Year

Tax Paid

Assessed Value

2024

$13,800

$924,410

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Veritex Community Bank

Building Or Construction Loan

$357,600

First

May 6, 2020

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$887,542

$36,868

96%

$5,951/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,970/mo

$5,951/mo

$-2,981/mo

3.9%

Learn About the Market: Opportunity in Dallas

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