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$940,000

NAL Estimated Property Value

6906 Spanky Branch Dr, Dallas, TX, 75248

Off MarketInfo
LeaseInfo
Beds8 Beds
Baths3 Bath
Baths3,198 Sq Ft
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Hardwood, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size12,278 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000820606020000
Lot Number2
SubdivisionHighland Of Mckamy 2
Land UseResidential
Legal DescriptionHIGHLAND OF MCKAMY 2 BLK G/8200 LT 2 INT202100292984 DD09282021 CO-DC 8200 00G 00200 3DA8200 00G
Census Tract013617
Assessed Land Value$270,000
Assessed Improvement Value$564,040
Assessment Year2025

About this property

Located on a prime lot in Dallas! Previously utilized as an assisted living home, this expansive residence offers 8 beds, 3 full baths, and 3,198 sqft. This home offers plenty of room for relaxation and entertainment. The kitchen features an electric range, dishwasher, microwave, and ample counter & cabinet space. The formal dining room is ideal for hosting. Bedrooms are generously sized, one featuring built-ins. The primary suite features an ensuite bath with a walk-in shower. Tile, LVP, and hardwood flooring throughout ensure easy cleaning. The covered patio area provides a serene spot to enjoy your morning coffee or unwind in the evening. Large backyard! Close to downtown Dallas! Whether you want to establish a business or find a spacious home, this property offers endless possibilities. Don't miss out on this unique opportunity!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,553/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,941
$834,040
2025
$270,000
$564,040
$834,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,941
$834,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Byline Bank
Sba Participation Trust Deed
$4,850,000
No
First
Sep 25, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,420,552
N/A
0%
470%
$29,079/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$29,079/mo
$-26,109/mo
3.8%

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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6906 Spanky Branch Dr | Property Details | No Agent List