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$1,179,950

6931 Midcrest Dr, Dallas, TX, 75254

Off Market

4 Beds

3 Bath

4,583 Sq Ft

Single Family Residence

$184.57 / sqft

Built in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCarpet, Slate, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size17,415 sqft

Building Information

Year Built1967

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000795223000000

Lot Number28

SubdivisionNorthwood Hills

Land UseResidential

Legal DescriptionNORTHWOOD HILLS BLK M/8185 LOT 28 MIDCREST DR INT202100080685 DD03172021 CO-DC 8185 00M 02800 3008185 00M

Census Tract013609

Assessed Land Value$500,000

Assessed Improvement Value$679,950

Assessment Year2025

About this property

Incredible single story home with an amazing floor plan located in prestigious Northwood Hills. Complete house professionally remodeled in 2007 and 1000 sqft added in 2009. This home features 4 bedrooms, 3.1 baths, stainless steel appliances, multiple islands, double ovens & wonderful beamed vaulted ceilings. Also, includes a media room with an attached kitchenette and an oversized game room. Large entry with split formals that leads into a huge living room. Freshly painted throughout. Sizable master suite with separate vanities and large master closet. Backyard features a pool with waterfall, covered patio as well as a side play yard. The perfect home for living and entertaining!

Investor Tools

$1,179,950

Estimated Property Value

$660,000Estimated Mortgage Balance

$585,322Estimated Equity

44% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,080 /month

Positive

Cash Flow Estimate:

$2,360 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,051/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$18,709

$1,179,950

2025

$500,000

$679,950

$1,179,950

Tax History

Year

Tax Paid

Assessed Value

2024

$18,709

$1,179,950

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primelending

Conventional

$660,000

First

Mar 17, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$594,628

$585,322

49%

50%

$3,958/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,840/mo

$3,958/mo

$-1,118/mo

2.9%

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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