$616,000
NAL Estimated Property Value6833 Kingsbury Dr, Dallas, TX, 75231
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Gas Water Heater
FlooringCeramic Tile, Wood
Exterior
Exterior FeaturesRain Gutters, Storage
Lot Size14,027 sqft
Building Information
Year Built1961
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00000399430000000
Lot Number32
SubdivisionMerriman Park
Land UseResidential
Legal DescriptionMERRIMAN PARK BLK E/5437 LT 32 INT202100319368 DD10222021 CO-DC 5437 00E 03200 3005437 00E
Census Tract007809
Assessed Land Value$285,000
Assessed Improvement Value$259,380
Assessment Year2025
About this property
Offer deadline is Sept. 20 at 2pm. Charming one story brick home in Merriman Park priced to sell. Great location, ideally situated between White Rock Lake and Northpark shopping district. Easy access to 75, NW Hwy. and White Rock DART Station. Lots of updates including wood floors, plantation shutters, and stainless steel appliances. Spacious bedrooms and large second living area with fireplace. HUGE backyard with additional building out back that has loads of potential with some TLC.
Investor Tools
$616,000
Estimated Property Value
$225,100Estimated Mortgage Balance
$390,900Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,696 /month
Positive
Cash Flow Estimate:
$1,232 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$974/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,611
$544,380
2025
$285,000
$259,380
$544,380
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,611
$544,380
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encore Bank Na
Conventional
$246,500
No
First
Oct 22, 2021
Nov 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,100
$390,900
63%
37%
$1,478/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,478/mo
+$494/mo
3.8%
