NoAgentList RatingHow are grades calculated?

113Days on Market

1view

$695,000

6926 Santa Monica Drive, Dallas, TX, 75223

On Market

3 Beds

2 Bath

1,730 Sq Ft

Single Family Residence

$401.73 / sqft

Built in 1938

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator

FlooringCeramic Tile, Hardwood, Softwood

Exterior

Exterior FeaturesRain Gutters

Lot Size7,865 sqft

Building Information

Year Built1938

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000227713000000

SubdivisionSanta Monica

Land UseResidential

Legal DescriptionSANTA MONICA BLK 11/2724 LT 20 INT202300148311 DD07242023 CO-DC 2724 011 02000 1002724 011

Census Tract001202

Assessment Year2025

About this property

Wonderful opportunity in one of Dallas's great urban neighborhoods and at a great price! This delightful 30's Ranch Style three-bedroom, two full bath home offers a center hall floor plan, spacious living area with wood burning fireplace, spacious primary bedroom with ensuite bath and walk-in closet, and double atrium doors to backyard and patio space. With pristine hardwoods throughout, charming cottage kitchen as well as office, this home is a sure hit. Additional amenities include spacious fenced backyard, center block of quite street and award-winning Lakewood Elementary!

Investor Tools

$688,000

Estimated Property Value

$0Estimated Mortgage Balance

$321,803Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,170 /month

Positive

Cash Flow Estimate:

$1,390 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,261/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,690

$588,000

2025

N/A

$588,000

Tax History

Year

Tax Paid

Assessed Value

2025

$11,690

$588,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Conventional

$380,000

First

Jul 24, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$366,197

$321,803

46%

53%

$2,340/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,340/mo

$-368/mo

3.4%

Learn About the Market: Opportunity in Dallas

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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.

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