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Owner Contacts

$2,000,000

6830 Merrilee Ln, Dallas, TX, 75214

Off Market

5 Beds

5 Bath

4,246 Sq Ft

Single Family Residence

$471.03 / sqft

Built in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator, Wine Cooler

FlooringCarpet, Wood

Exterior

Exterior FeaturesOutdoor Grill, Private Yard

Lot Size9,352 sqft

Building Information

Year Built2017

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000246841000000

Lot Number5

SubdivisionNorth Ridge

Land UseResidential

Legal DescriptionNORTH RIDGE ESTS BLK O/2984 LOT 5 INT202300118243 DD06142023 CO-DC 2984 00O 00500 1002984 00O

Census Tract008000

Assessed Land Value$654,640

Assessed Improvement Value$1,511,900

Assessment Year2025

About this property

Amazing on Merrilee. Within walking distance to Lakewood Elementary, White Rock Lake and Lakewood park, this 5 bedroom newer construction is in the heart of Lakewood. With over 4200 square feet, this stunning home has everything you are looking for. Master is down with gorgeous en suite and custom master closet with a stackable laundry. Kitchen is a chefs dream with a large island and breakfast banquet which opens to the large living area and walls of doors fill the room with natural light. Outside is a pool size back yard that if turf and an inviting outdoor living space. 3 bedrooms are up with an oversized living area and laundry up.

Investor Tools

$2,166,540

Estimated Property Value

$1,000,000Estimated Mortgage Balance

$1,219,933Estimated Equity

54% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$12,999 /month

Positive

Cash Flow Estimate:

$4,333 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$4,938/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$48,423

$2,166,540

2025

$654,640

$1,511,900

$2,166,540

Tax History

Year

Tax Paid

Assessed Value

2024

$48,423

$2,166,540

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Financial Bank Na

Conventional

$1,000,000

First

Jun 14, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$946,607

$1,219,933

56%

44%

$5,996/mo

Learn About the Market: Opportunity in Dallas

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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.

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