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$1,890,000

NAL Estimated Property Value

6948 Lakeshore Dr, Dallas, TX, 75214

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,093 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$419.98 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Trash Compactor, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Range, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Other, Wood

Exterior

Exterior FeaturesBalcony, Outdoor Grill
Lot Size10,500 sqft

Building Information

Year Built1936
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000232219000000
Lot Number5,8
SubdivisionWestlake Park
Land UseResidential
Legal DescriptionWESTLAKE PARK BLK G/2822 PT LTS 5 & 8 INT202200074511 DD03152022 CO-DC 2822 00G 00800 1002822 00G
Census Tract000100
Assessed Land Value$735,000
Assessed Improvement Value$756,070
Assessment Year2025

About this property

Updated Classic Lakewood home blocks to White Rock Lake on one of the prettiest streets in Dallas. This property offers everything. Spacious entry opens to formal living with archways, stunning fireplace, and rich hardwoods. 4 large bedrooms upstairs. Enormous master suite with walk-in closet, office, and separate tub-shower. Large gourmet kitchen featuring high-end stainless-steel appliances, granite countertops, and dual sinks; all overlooking oversized backyard. Timeless style combined with a touch of fun colors. Natural light shines into every room. Relax on the front balcony or covered back patio overlooking lush landscaping. Bonus unfinished quarters behind garage. Don’t miss this rare opportunity!

Investor Tools

Property Icon
$1,890,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,890,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,340 /month
Positive
Cash Flow Estimate:
$3,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,671/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,600
$1,491,070
2025
$735,000
$756,070
$1,491,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,600
$1,491,070

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,890,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
N/A
+$2,880/mo
1.8%

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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6948 Lakeshore Dr | Property Details | No Agent List