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$853,000

NAL Estimated Property Value

6939 Santa Monica Drive, Dallas, TX, 75223

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,707 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$553.6 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Wine Cooler
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Garden
Lot Size8,580 sqft

Building Information

Year Built1939
Stories1
Roof Type105

Land Information

APN00000227596000000
Lot Number2
Land UseResidential
Legal DescriptionSANTA MONICA BLK 10/2723 LT 2 INT202100381372 DD12212021 CO-DC 2723 010 00200 1002723 010
Census Tract001202
Assessed Land Value$343,200
Assessed Improvement Value$401,240
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED - DEADLINE FRIDAY MARCH 27, 8PM. Nestled in the charming Hollywood Santa Monica neighborhood and just steps from Lindsley Park, this beautifully updated 3-bedroom, 2-bath home offers the perfect blend of thoughtful design and elevated living—zoned to coveted Lakewood Elementary. Inside, vaulted ceilings and newer white oak floors create a light-filled, airy feel, complemented by custom closet systems throughout. The kitchen is both stylish and functional, featuring Calacatta marble countertops and backsplash, glass-front cabinetry, a dedicated coffee bar, and windows plus a glass door that seamlessly connect to the backyard. The dining room is designed for entertaining with brand new sliding doors that open to full views of the backyard and deck, along with a custom marble dry bar. The laundry room is a true standout with custom cabinetry, Calacatta marble countertops, and a built-in folding station. Three generously sized bedrooms provide comfort and flexibility, with two featuring Elfa custom closet systems. The full bathroom impresses with a rose gemstone floating vanity, marble flooring, and new Kohler fixtures for a refined, spa-like experience. Outdoors, the property transforms into a true entertaining retreat. An oversized backyard shaded by three mature pecan trees and lush landscaping sets the stage for unforgettable gatherings. The newly added pool is surrounded by Lueders limestone, while a freestanding 9-foot wood-burning limestone fireplace creates a warm, inviting focal point. The fully equipped outdoor kitchen and dining area features Trambisera marble countertops, a professional-grade natural gas grill with rotisserie and double side burners, Kegco kegerator, outdoor beverage fridge, and dedicated space for a smoker—designed for effortless entertaining year-round.

Investor Tools

Property Icon
$853,000
Estimated Property Value
$513,312Estimated Mortgage Balance
$339,688Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,670 /month
Positive
Cash Flow Estimate:
$1,890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,443/month
$90/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,056
$744,440
2025
$343,200
$401,240
$744,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,056
$744,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$560,000
No
First
Dec 21, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$513,312
$339,688
39%
60%
$3,358/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,448/mo
$-1,476/mo
2.8%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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