Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$1,183,000

NAL Estimated Property Value

6851 Lorna Ln, Dallas, TX, 75214

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,421 Sq Ft
price_per_sqft$477.08 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringTile, Wood, None

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size5,979 sqft

Building Information

Year Built1952
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00000231349000000
Lot Number1
SubdivisionGaston Place
Land UseResidential
Legal DescriptionGASTON PLACE BLK C/2806 LOT 1 LORNA LN INT202400142081 DD07152024 CO-DC 2806 00C 00100 1002806 00C
Census Tract000100
Assessed Land Value$388,640
Assessed Improvement Value$751,360
Assessment Year2025

About this property

Discover Lakewood's gem on coveted Lorna Lane, blending classic elegance with modern touches. This inviting home on a corner lot is priced to sell. Inside shines with an abundance of natural light from newer windows, newer refinished hardwood floors, wood shutters and blinds, and an open-plan living area, ideal for gatherings. The updated KITCHEN features quartz counters and backsplash, KitchenAid Pro stainless appliances, a newer on-demand hot water heater, and thoughtful extras. Upstairs, enjoy a private PRIMARY ensuite with a BONUS room ideal for an office, nursery, or gym and two additional peaceful BEDROOMS. Close to top rated schools, Tokalon Park, and White Rock Lake's beauty, this location offers unparalleled convenience and access to downtown Dallas. A rare chance to own in Lakewood, where sophistication meets community and nature.

Investor Tools

Property Icon
$1,183,000
Estimated Property Value
$741,334Estimated Mortgage Balance
$441,666Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,098 /month
Positive
Cash Flow Estimate:
$2,366 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,053
$1,140,000
2025
$388,640
$751,360
$1,140,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,053
$1,140,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$766,500
No
First
Jul 15, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$741,334
$441,666
37%
63%
$4,596/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$4,596/mo
$-2,386/mo
2.2%

Learn About the Market: Opportunity in Dallas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

6851 Lorna Ln | Property Details | No Agent List