B+

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Owner Contacts

$1,798,000

NAL Estimated Property Value

6946 Delrose Dr, Dallas, TX, 75214

Off Market

3 Beds

2 Bath

2,954 Sq Ft

Single Family Residence

$372.38 / sqft

Built in 1955

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal

FlooringCarpet

Exterior

Lot Size17,078 sqft

Building Information

Year Built2024

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000231826000000

Lot Number6

SubdivisionWestlake Park

Land UseResidential

Legal DescriptionWESTLAKE PARK BLK 1/2816 LOT 6 INT202400032538 DD02152024 CO-DC 2816 001 00600 1002816 001

Census Tract008000

Assessed Land Value$1,195,460

Assessed Improvement Value$602,540

Assessment Year2025

About this property

OPPORTUNITY AWAITS! 1955 custom built home can be remodeled OR build your dream home on a quiet Lakewood lot. Delrose has topography, trees and a special feel. Current home has 2950+ one story footprint---adding a second story would allow for 5000-6000 sq ft. Enormous living spaces, 2 fireplaces and custom storage closets are a few extras. Wood floors under carpet in many rooms. Original pink metal Geneva kitchen cabinets will amaze you and you'll be saying this is a retro Barbie house! NEW BUILD OPTIONS: an L shape house could maximize the lot space for back and side yard play + entertaining areas. (compare to house across W Shore for ideas!) Join the others as they walk to Lakewood Elem for pick up! Roof installed 8.2020. Close to White Rock Lake, Whole Foods, parks, golf, shopping!

Investor Tools

$1,798,000

Estimated Property Value

$1,146,004Estimated Mortgage Balance

$651,996Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,788 /month

Positive

Cash Flow Estimate:

$3,596 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,369/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$31,441

$1,798,000

2025

$1,195,460

$602,540

$1,798,000

Tax History

Year

Tax Paid

Assessed Value

2024

$31,441

$1,798,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Conventional

$1,158,954

First

Jul 31, 2025

Aug 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,146,004

$651,996

36%

64%

$6,581/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$6,581/mo

$-3,701/mo

1.9%

Learn About the Market: Opportunity in Dallas

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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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