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$592,000

NAL Estimated Property Value

6908 E Parker Road, TX, 75002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,452 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$268.53 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size1.95 acres

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-6850-000-0240-1
Lot Number24
SubdivisionRichard Sparks Survey
Land UseResidential
Legal DescriptionABS A0850 RICHARD SPARKS SURVEY, TRACT 24, 1.952 ACRES
Census Tract031326
Assessed Land Value$324,520
Assessed Improvement Value$215,678
Assessment Year2025

About this property

This meticulously maintained home and property will knock your socks off. How about a huge two-car garage, another separate two-car building with workshop space, enormous RV storage building with water and electric and no HOA?! With almost two acres of property, this home has been lovingly kept with many added upgrades throughout the years. Kitchen features updated counters and backsplash, full bath has been updated and this home has amazingly energy-efficient Andersen windows throughout. Large central living area, attached bonus sunroom or office, plus Two very spacious bedrooms featuring oversized walk-in closets and the front room off the entry provides a third bedroom space or could be used as a study.

Investor Tools

Property Icon
$592,000
Estimated Property Value
$389,596Estimated Mortgage Balance
$202,404Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,552 /month
Positive
Cash Flow Estimate:
$1,184 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$873/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,515
$540,198
2025
$324,520
$215,678
$540,198
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,515
$540,198

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
North Dallas Bank & Trust Co
Commercial
$312,000
No
First
Feb 28, 2020
Feb 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,596
$202,404
34%
66%
$2,647/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Parker

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6908 E Parker Road | Property Details | No Agent List