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$532,000

NAL Estimated Property Value

6829 Lockheed Ave, Dallas, TX, 75209

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,697 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$311.73 / sqft
Year BuiltBuilt in 1944

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size6,311 sqft

Building Information

Year Built1944
Stories1
Roof Type105

Land Information

APN00000356395000000
Lot Number9
SubdivisionLockheed Hills
Land UseResidential
Legal DescriptionLOCKHEED HILLS BLK C/5041 LT 9 INT202500050269 DD03112025 CO-DC 5041 00C 00900 1005041 00C
Census Tract007102
Assessed Land Value$300,000
Assessed Improvement Value$232,000
Assessment Year2025

About this property

Discover your dream home in the coveted Bird Streets neighborhood of Dallas! This stunning 3 bedroom, 2 bathroom home is perfect for first-time homebuyers looking for move-in ready or investors looking to capitalize on the rapid appreciation. Step inside to find a light & bright interior that flows seamlessly from room to room. The heart of the home is the beautifully updated kitchen, featuring quartz countertops, custom cabinetry, & newer stainless steel appliances. The kitchen opens to the living and dining areas, perfect for entertaining. The primary suite is a true retreat, offering a spacious walk-in shower & walk-in closet with abundant space and storage. 2 additional bedrooms provide ample space for family, guests, or a home office. This home has been meticulously updated with new windows (2019), new PVC plumbing (2019), new electrical (2019), new roof (2020), new tankless water heater (2020), new AC (2019 2020), new gutters (2020), ensuring peace of mind for years to come!

Investor Tools

Property Icon
$532,000
Estimated Property Value
$505,403Estimated Mortgage Balance
$26,597Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,192 /month
Positive
Cash Flow Estimate:
$1,064 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,069/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,168
$532,000
2025
$300,000
$232,000
$532,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,168
$532,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$516,040
No
First
Mar 11, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$505,403
$26,597
4%
95%
$3,094/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,370/mo
$3,094/mo
$-724/mo
5.3%

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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6829 Lockheed Ave | Property Details | No Agent List