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$1,035,000

NAL Estimated Property Value

6902 Spanky Branch Dr, Dallas, TX, 75248

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,586 Sq Ft
price_per_sqft$271.89 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Double Oven, Other
FlooringCeramic Tile, Marble, Slate

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Private Yard
Lot Size14,760 sqft

Building Information

Year Built1979
Stories1
Roof Type111
Garage Spaces2

Land Information

APN00000820606000000
Lot Number1
SubdivisionHighland Of Mckamy 2
Land UseResidential
Legal DescriptionHIGHLAND OF MCKAMY 2 BLK G/8200 LT 1 VOL99122/6055 DD06181999 CO-DC 8200 00G 00100 3DA8200 00G
Census Tract013617
Assessed Land Value$240,000
Assessed Improvement Value$698,640
Assessment Year2025

About this property

Welcome to this stunning, fully remodeled, one-story home in the desirable Highland of McKamy. Situated on a quiet interior lot, this expansive property features a private backyard oasis complete with a sparkling pool and covered patio. Designed with an open concept, the home boasts soaring vaulted ceilings in the living room, anchored by a cozy fireplace, and marble floors throughout, creating a sleek and luxurious feel. The show-stopping, mid-century modern kitchen showcases rich mahogany cabinetry, a striking all-steel large island with built-in steamer, dual dishwashers, double ovens, gas cooktop, custom lighting, built-in refrigerator, and a bespoke wet bar—perfect for entertaining. The oversized primary suite offers its own fireplace and tranquil views to the front. The spa-like primary bathroom impresses with massaging jets, two heated drawers, and a massive walk-in closet with soaring ceilings. Work from home in style in the large office featuring a custom built-in desk. All secondary bedrooms are generously sized, offering comfort and flexibility. Additional highlights include a durable metal roof, 3 car garage, a storage shed, and premium finishes throughout. This is modern, single-level living at its finest!

Investor Tools

Property Icon
$1,035,000
Estimated Property Value
$132,602Estimated Mortgage Balance
$902,398Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,210 /month
Positive
Cash Flow Estimate:
$2,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,322/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,689
$938,640
2025
$240,000
$698,640
$938,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,689
$938,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Comerica Bank
Credit Line (Revolving) / Heloc
$250,000
No
First
Dec 17, 2007
Dec 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,602
$902,398
87%
13%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$1,749/mo
+$1,221/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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6902 Spanky Branch Dr | Property Details | No Agent List