$134,900
6220 Harmony Ln, Dallas, TX, 75241
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Cooktop, Electric Oven
FlooringCarpet, Laminate
Exterior
Lot Size7,234 sqft
Building Information
Year Built1962
Roof Type105
Garage Spaces2
Land Information
APN00000644602000000
Lot Number13
SubdivisionSinging Hills
Land UseResidential
Legal DescriptionSINGING HILLS BLK X/6897 LOT 13 VOL92078/3950 EF042092 CO-DALLAS 6897 00X 01300 2006897 00X
Census Tract011300
Assessed Land Value$50,000
Assessed Improvement Value$144,780
Assessment Year2026
About this property
Your opportunity awaits in the Singing Hills addition of Dallas... This is a 3 bed, 2 full bath home offering 1200 sq. feet of living space along with 2 car garage. This can be a great home for buyer with vision and FHA 203K loan or other hard money loan. This is a nice size interior lot minutes from downtown Dallas. This home is ideal for a flip, rental or custom renovation. Great opportunity to add value in an already rapidly growing and revitalization community.
Investor Tools
$71,636Estimated Mortgage Balance
$125,364Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$194,780
2026
$50,000
$144,780
$194,780
No
Tax History
Year
Tax Paid
Assessed Value
2025
N/A
$194,780
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameriquest Mortgage Co
Stand Alone First / Home Equity First Lien
$65,600
No
First
Mar 31, 2004
May 2034
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,636
$125,364
63%
36%
$1,033/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,033/mo
+$939/mo
12.0%
