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$704,230

NAL Estimated Property Value

6905 Blackwood Dr, Dallas, TX, 75231

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,083 Sq Ft
price_per_sqft$336.05 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringCarpet, Ceramic Tile, Parquet

Exterior

Exterior FeaturesStorage
Lot Size12,631 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000763090000000
Lot Number17
SubdivisionMerriman Park
Land UseResidential
Legal DescriptionMERRIMAN PARK ESTS BLK 2/7682 LOT 17 INT202500065183 DD03312025 CO-DC 7682 002 01700 3DA7682 002
Census Tract007824
Assessed Land Value$400,000
Assessed Improvement Value$304,230
Assessment Year2025

About this property

Prime Opportunity in Merriman Park – Remodel or Build New! Unlock the potential of this incredible property in the highly sought-after Merriman Park neighborhood! Whether you’re looking to renovate and customize or start fresh with a brand-new build, this lot offers endless possibilities. Nestled in a prime location surrounded by stunning homes, this property provides the perfect foundation for creating your dream residence. With spacious lot dimensions and a charming community atmosphere, it’s an excellent investment for homeowners and developers alike.

Investor Tools

Property Icon
$704,230
Estimated Property Value
$621,910Estimated Mortgage Balance
$82,320Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,225 /month
Positive
Cash Flow Estimate:
$1,408 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,906
$704,230
2025
$400,000
$304,230
$704,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,906
$704,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$635,000
No
First
Mar 31, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$621,910
$82,320
11%
88%
$3,808/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,808/mo
$-1,836/mo
3.4%

City: Dallas

6905 Blackwood Dr | Property Details | No Agent List