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Owner Contacts

$1,202,630

NAL Estimated Property Value

6931 Spanky Branch Court, Dallas, TX, 75248

Off Market

4 Beds

4 Bath

3,630 Sq Ft

Single Family Residence

$241.05 / sqft

Built in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Ice Maker, Gas Water Heater

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size16,613 sqft

Building Information

Year Built1979

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000820606440000

Lot Number23

SubdivisionHighland Of Mckamy 3

Land UseResidential

Legal DescriptionHIGHLAND OF MCKAMY 3 BLK G/8200 LT 23 INT202100152477 DD05182021 CO-DC 8200 00G 02300 3DA8200 00G

Census Tract013617

Assessed Land Value$405,000

Assessed Improvement Value$797,630

Assessment Year2025

About this property

Beautiful home backing up to the Creek! 4 bed, 3.1 bath & over 3600 sf. Updated in 2012 w Scraped wood floors, GE Monogram built-in refrigerator, Viking gas range, large kitchen w island & large Breakfast area. Master bath has adjoined granite-top vanities, separate closets, jetted tub, large frameless glass shower w 2 shower heads & multiple body sprays. Resort size pool has both diving & play area separated by a bridge. Two outdoor living areas: covered patio area out the back door and scenic creek patio below the Cabana, a separate guest quarters, dance or art studio. Oversized 2 car garage with attached covered shed for storage. Amazing location!

Investor Tools

$1,202,630

Estimated Property Value

$687,402Estimated Mortgage Balance

$515,228Estimated Equity

42% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,216 /month

Positive

Cash Flow Estimate:

$2,405 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,949/month

$160/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$17,379

$1,202,630

2025

$405,000

$797,630

$1,202,630

Tax History

Year

Tax Paid

Assessed Value

2024

$17,379

$1,202,630

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wintrust Mortgage

Conventional

$760,000

First

May 18, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$687,402

$515,228

42%

57%

$4,557/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,970/mo

$4,717/mo

$-1,747/mo

3.0%

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