1view

$525,000

7414 W Northwest Highway 6, Dallas, TX, 75225

Off Market

2 Beds

3 Bath

1,522 Sq Ft

Condos / Townhouses

$266.1 / sqft

Built in 1964

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan

FlooringCeramic Tile, Laminate, Parquet, Wood

Exterior

Private Pool

Lot Size3.07 acres

Building Information

Year Built1964

Stories2

Roof Type105

Land Information

APN00000402088800000

SubdivisionNorthpark Garden Townhouses

Land UseResidential

Legal DescriptionNORTHPARK GARDEN TOWNHOUSES BLK 5450 ACS 3.072 BLDG 7414 UNIT 6 CE 1.385% INT202200038719 DD02082022 CO-DC 5450 000 00000

Census Tract007906

Assessed Land Value$231,670

Assessed Improvement Value$293,330

Assessment Year2025

About this property

2-story townhouse in HPISD school district. The front room can be a den or office. Large open dining and living room overlooks a peaceful private patio. Both bedrooms are upstairs and have ensuite baths. Sitting area in Master Bathroom. Newly Renovated, including NEW items in the Kitchen: Cooktop, countertops, double sink, and faucet; Bathroom Upgrades include: All Toilets, Upstairs Countertops, sinks, faucets, showerheads; Freshly painted throughout. Community amenities include gated parking and a community pool. All utilities are included in the HOA fee. Near North Park Mall and Boone Elementary School. SELLER IS A LICENSED REAL ESTATE AGENT IN THE STATE OF TEXAS

Investor Tools

$525,000

Estimated Property Value

$0Estimated Mortgage Balance

$245,535Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,150 /month

Positive

Cash Flow Estimate:

$1,050 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,020/month

$678/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,610

$525,000

2025

$231,670

$293,330

$525,000

Tax History

Year

Tax Paid

Assessed Value

2024

$9,610

$525,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Integrity Mortgage Corporation Of Texas

Conventional

$303,750

First

Feb 8, 2022

Mar 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$279,465

$245,535

46%

53%

$1,822/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,350/mo

$2,500/mo

$-150/mo

5.4%

Learn About the Market: Opportunity in Dallas

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