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Owner Contacts

$1,084,000

NAL Estimated Property Value

6928 Spanky Branch Court, Dallas, TX, 75248

Off Market

4 Beds

5 Bath

4,022 Sq Ft

Single Family Residence

$174.04 / sqft

Built in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Ice Maker, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Parquet

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size12,200 sqft

Building Information

Year Built1979

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000820606240000

Lot Number13

SubdivisionHighland Of Mckamy 3

Land UseResidential

Legal DescriptionHIGHLAND OF MCKAMY 3 BLK G/8200 LT 13 INT201800333307 DD12202018 CO-DC 8200 00G 01300 3DA8200 00G

Census Tract013617

Assessed Land Value$360,000

Assessed Improvement Value$719,750

Assessment Year2025

About this property

Great opportunity to get into Brentfield Elementary neighborhood. Far North Dallas home on cul-de-sac in RISD boasts beautiful outdoor space with scenic creek views. Well-maintained by current owner including fresh paint, bath updates, engineered wood flooring and pool improvements in recent years. Open living-dining area serves as great entertaining space. Master features private patio, separate closets. Additional downstairs bedroom with full bath. Two large bedrooms upstairs. Second large living space with spectacular windows overlooks pool and backyard. With three-car garage.

Investor Tools

$1,084,000

Estimated Property Value

$272,413Estimated Mortgage Balance

$811,587Estimated Equity

74% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,504 /month

Positive

Cash Flow Estimate:

$2,168 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,679/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,733

$1,079,750

2025

$360,000

$719,750

$1,079,750

Tax History

Year

Tax Paid

Assessed Value

2024

$14,733

$1,079,750

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Simmons Bank

Conventional

$306,000

First

Sep 16, 2020

Oct 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$272,413

$811,587

74%

25%

$1,835/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,970/mo

$1,835/mo

+$1,135/mo

3.3%

Learn About the Market: Opportunity in Dallas

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