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$449,900

6947 Chackbay Ln, Dallas, TX, 75227

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.96 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size8,855 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN006129002623A0000
Lot Number23A
SubdivisionEnclave At Grove Hill 3
Land UseResidential
Legal DescriptionENCLAVE AT GROVE HILL 3 BLK 26/6129 LT 23A INT202300210144 DD10122023 CO-DC 6129 026 23A00 4DA6129 026
Census Tract012206
Assessed Land Value$70,000
Assessed Improvement Value$409,130
Assessment Year2025

About this property

**Huge Price Improvement*** Charming 3 bedroom 2 bath with a pool on a large lot in a charming quiet gated community of Enclave at Grove Hill in East Dallas. This fantastic home features an awesome gunite heated pool and spa with a covered patio and large yard making it perfect for entertaining. Home boasts an open floor plan with a spacious kitchen with an eat in kitchen area, breakfast bar, granite counters, large island, gas cooktop, and stainless steel appliances perfect for the inspired home chef. Oversized primary bedroom with sitting area and walk in closets preferably split from the two large secondary bedrooms also with walk in closets and jack and jill bath. Separate large dining room can easily be used as a study. Roof 2021, Pool 2020. Pool vaccum conveys with the property. Fridge and washer & dryer negotiable. Home is ideally located close to White Rock Lake, the Perot Museum and DWA with easy access to I-635E, I-35E, Loop 12, and Hwy 75.

Investor Tools

Property Icon
$479,130
Estimated Property Value
$344,000Estimated Mortgage Balance
$138,634Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,875 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$870/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,048
$479,130
2025
$70,000
$409,130
$479,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,048
$479,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nuwave Lending Llc
Conventional
$344,000
No
First
Oct 27, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,496
$138,634
28%
71%
$2,063/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,693/mo
$-721/mo
4.9%

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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