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Owner Contacts

$815,000

NAL Estimated Property Value

6941 Mill Falls Drive, Dallas, TX, 75248

Off Market

4 Beds

3 Bath

2,630 Sq Ft

Single Family Residence

$207.22 / sqft

Built in 1975

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Gas Water Heater

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size8,401 sqft

Building Information

Year Built1975

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000797727000000

Lot Number31

SubdivisionPrestonwood

Land UseResidential

Legal DescriptionPRESTONWOOD 6 BLK 11/8195 LOT 31 INT201900283384 DD10212019 CO-DC 8195 011 03100 3DA8195 011

Census Tract013619

Assessed Land Value$350,000

Assessed Improvement Value$349,130

Assessment Year2025

About this property

Updated four bedroom, three bath Prestonwood home in highly sought after RISD Brentfield Elem, boasts backyard oasis with pool and enclosed grassy side yards. Updates in 2018 include kitchen with granite and SS appliances. Additional updates: wood flooring, plantation shutters, high-efficiency windows and crown molding. Interior and exterior paint in 2018. Fence and HVAC replaced 2017. Roof replaced 2016 and leaf free gutters. Sprinkler system, wood floors in master and tile in master bath that includes vanity, separate soaking tub and walk-in shower. Second and third bedrooms with shared bath. Fourth bedroom could be flex space. Required RELO documents to be submitted with offer under Documents.

Investor Tools

$815,000

Estimated Property Value

$0Estimated Mortgage Balance

$815,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,890 /month

Positive

Cash Flow Estimate:

$1,630 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,344/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,058

$699,130

2025

$350,000

$349,130

$699,130

Tax History

Year

Tax Paid

Assessed Value

2024

$12,058

$699,130

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$815,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,970/mo

N/A

+$2,970/mo

4.4%

Learn About the Market: Opportunity in Dallas

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