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$950,000

6818 Truxton Drive, Dallas, TX, 75231

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,907 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$326.8 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Double Oven, Refrigerator, Washer, Wine Cooler
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Rain Gutters, Private Yard
Lot Size10,405 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000763254100000
Lot Number27
SubdivisionMerriman Park
Land UseResidential
Legal DescriptionMERRIMAN PARK ESTS BLK 5/7682 LT 27 INT202400165324 DD08152024 CO-DC 7682 005 02700 3007682 005
Census Tract007824
Assessed Land Value$400,000
Assessed Improvement Value$445,560
Assessment Year2025

About this property

Welcome to 6818 Truxton Drive, a beautifully maintained 4-bedroom, 3-bathroom home in the highly sought-after Merriman Park Estates, just steps from Lake Highlands’ beloved R.P. Brooks Park. Offering an ideal blend of comfort, functionality, and entertaining space, this exceptional residence features multiple living areas, spacious bedrooms, and a stunning backyard retreat complete with a sparkling pool and spa- perfect for enjoying Texas summers. Inside, oversized bedrooms with walk-in closets provide abundant storage and flexibility. A private guest or mother-in-law suite with direct access to a full bath offers the perfect setup for visitors, while a versatile second living area can easily serve as a home office, game room, or media space. The well-appointed eat-in kitchen is designed for gathering and entertaining, featuring crisp white cabinetry, stainless steel double ovens, a center island, wine cooler, wet bar, and generous prep space. Beyond its inviting layout and prime location, this home offers the rare advantage of a 3-car garage- an increasingly hard-to-find feature in this established Dallas neighborhood. Extensive updates provide peace of mind, including PVC plumbing all replaced, updated guest bathroom, refinished fireplace interior, foundation improvements with transferable warranty, and major system upgrades including the roof, windows, HVAC, electrical, and water heater. Ideally located near parks, trails, dining, shopping, and top-rated Lake Highlands amenities, this move-in-ready home offers an outstanding opportunity to enjoy one of Dallas’ most desirable neighborhoods. Welcome home!

Investor Tools

$589,973Estimated Mortgage Balance
$309,027Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Susie Thompson

Allie Beth Allman & Assoc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,070/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,340
$845,560
2025
$400,000
$445,560
$845,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,340
$845,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameris Bank
Conventional
$610,000
No
First
Aug 15, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$589,973
$309,027
34%
66%
$3,658/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,658/mo
$-1,086/mo
3.4%

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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