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$889,000

6850 Ravendale Ln, Dallas, TX, 75214

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,101 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$423.13 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop
FlooringWood

Exterior

Lot Size8,397 sqft

Building Information

Year Built1955
Roof Type105
Garage Spaces4

Land Information

APN00000242335000000
Lot Number13
SubdivisionCartuh Terrace
Land UseResidential
Legal DescriptionCARTUH TERRACE BLK Q/2957 LOT 13 INT201700298885 DD10202017 CO-DC 2957 00Q 01300 1002957 00Q
Census Tract007902
Assessed Land Value$419,850
Assessed Improvement Value$226,020
Assessment Year2026

About this property

Located in Lakewood Elementary and minutes from White Rock Lake! Charming entryway, spacious living area with bay window, lots of natural light, plantation shutters. Fully renovated kitchen with soapstone counters, 6 burner gas range, farmhouse sink & bkfst area open to expansive family room with vaulted ceiling, wood burning brick fireplace, built-ins. French doors lead from the den to a patio with turfed backyard and a generous play space, an elegant stained fence, and charming landscaping framed by espaliered vines. Oversized utility room with built-in office nook, room for 2nd fridge, full sized washer dryer, built-in storage. Hard wood floors throughout. 3 spacious bedrooms and 2 car garage behind an electric gate and recent roof replacement. Walk to the shops, restaurants, and fitness studios of Hillside Village, and enjoy quick access to White Rock Lake in a quiet, tree-lined neighborhood.

Investor Tools

$307,379Estimated Mortgage Balance
$490,621Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,334 /month
Positive
Cash Flow Estimate:
$1,778 /month

Interested in this property?

Melissa White Smulyan

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,886
$645,870
2026
$419,850
$226,020
$645,870
No

Tax History

Year
Tax Paid
Assessed Value
2026
$10,886
$645,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Iberiabank
Arm (Adjustable Rate Mortgage)
$382,500
No
First
Oct 20, 2017
Nov 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,379
$490,621
61%
39%
$1,744/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$1,744/mo
+$716/mo
3.7%

City: Dallas

6850 Ravendale Ln | Property Details | No Agent List