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Owner Contacts

$441,770

NAL Estimated Property Value

6951 Chackbay Ln, Dallas, TX, 75227

$457,352 ARV

Off Market

4 Beds

2 Bath

2,578 Sq Ft

$164.85 / sqft

Built in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

FlooringCarpet, Hardwood, Tile

Exterior

Lot Size7,950 sqft

Building Information

Year Built2006

Stories1

Roof Type105

Garage Spaces2

Land Information

APN006129002623B0000

Lot Number23B

SubdivisionEnclave At Grove Hill 3

Land UseResidential

Legal DescriptionENCLAVE AT GROVE HILL 3 BLK 26/6129 LT 23B INT202200248844 DD09152022 CO-DC 6129 026 23B00 4DA6129 026

Census Tract012206

Assessed Land Value$70,000

Assessed Improvement Value$371,770

Assessment Year2025

About this property

This gorgeous David Weekly home in a gated community is just minutes from downtown, Lakewood and White Rock Lake. The home features 4 bedrooms. The master is spacious with master bath and walk-in closet. The open concept allows for interaction between kitchen and living area. There is a gas-powered fireplace in living area. There is wood flooring in living and dining with carpets in the bedrooms. A nice covered porch allows for morning coffee or grilling. Fenced backyard with storage building. The home is freshly painted, including kitchen cabinets. Enjoy the beautiful granite countertops and kitchen island. Utility room. Central heat and air.

Investor Tools

$441,770

Estimated Property Value

$382,055Estimated Mortgage Balance

$59,715Estimated Equity

13% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$457,351

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,651 /month

Positive

Cash Flow Estimate:

$884 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$796/month

$630/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,342

$441,770

2025

$70,000

$371,770

$441,770

Tax History

Year

Tax Paid

Assessed Value

2024

$7,342

$441,770

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Credit Union Of Texas

Conventional

$410,000

First

Sep 15, 2022

Oct 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$382,055

$59,715

13%

86%

$2,459/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$3,089/mo

$-1,117/mo

5.4%

Learn About the Market: Opportunity in Dallas

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