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$2,175,000

6935 Lakeshore Dr, Dallas, TX, 75214

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,341 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$651 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Gas Range, Built In Refrigerator, Dishwasher, Disposal, Gas Range, Ice Maker, Plumbed For Gas, Water Purifier, Wine Cooler
FlooringCarpet, Tile, Wood

Exterior

Lot Size11,461 sqft

Building Information

Year Built1927
Roof Type110
Garage Spaces4

Land Information

APN00000232153000000
Lot Number14
SubdivisionWestlake Park
Land UseResidential
Legal DescriptionWESTLAKE PARK BLK E/2820 LT 14 & PT LTS 11 & 15 INT201400097266 DD04142014 CO-DC 2820 00E 01400 1002820 00E
Census Tract000100
Assessed Land Value$916,880
Assessed Improvement Value$810,410
Assessment Year2026

About this property

Perched atop a hill on Lakeshore Dr., is a rare opportunity in the heart of Lakewood - the original home of Lee Kraft (of Dines & Kraft). Designed by architect Bertram C. Hill, this 1927 Dutch Revival blends original heritage with an extensive list of updates from a 2014 remodel. Original arches, stained glass windows, decorative molding, plaster walls & coved ceilings remain, among many other details - capturing the classical charm. The first floor offers a seamless floorplan. The beautifully appointed kitchen & breakfast room flow into the family room. Additionally, the morning room boasting the signature Dines & Kraft morning tile, formal living room & dining room are all prime for entertaining. Upstairs lies the expanded primary suite with spacious walk-in closet & well-appointed bath, along with 3 other bedrooms and a laundry room. Quarters with a kitchenette, full bath and murphy bed offer extra room for guest overflow. A spacious backyard is the perfect place for children to play or entertain outdoors. This is a unique opportunity to own a piece of Lakewood history – just in time for 6935 Lakeshore to ring in its 100th birthday.

Investor Tools

$481,748Estimated Mortgage Balance
$1,379,252Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,050 /month
Positive
Cash Flow Estimate:
$4,350 /month

Interested in this property?

Erica Kuppin

Briggs Freeman Sotheby's Int'l

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,213
$1,727,290
2026
$916,880
$810,410
$1,727,290
No

Tax History

Year
Tax Paid
Assessed Value
2026
$30,213
$1,727,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$570,000
No
First
Feb 9, 2019
Mar 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$481,748
$1,379,252
74%
26%
$3,418/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$3,418/mo
$-288/mo
2.0%

City: Dallas

6935 Lakeshore Dr | Property Details | No Agent List