$1,700,000
6948 Wabash Cir, Dallas, TX, 75214
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size14,734 sqft
Building Information
Year Built1961
Roof Type105
Garage Spaces2
Land Information
APN00000231877000000
Lot Number1,1,4
SubdivisionWestlake Park Rev
Land UseResidential
Legal DescriptionWESTLAKE PARK REV BLK B/2817 LT 1 & PT LT 4 CO-DALLAS 2817 00B 00100 1002817 00B
Census Tract008000
Assessed Land Value$1,105,050
Assessed Improvement Value$392,690
Assessment Year2026
About this property
Fantastic 0.3443 acre lot in the heart of Lakewood. Original 1961 home still remains on the oversized, level, 100 x 150 lot at the SW corner of Wabash Cir and West Shore Dr. This prime lot and location offers a rare chance to build your dream home.
Investor Tools
$0Estimated Mortgage Balance
$1,524,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,338/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,436
$1,497,740
2026
$1,105,050
$392,690
$1,497,740
No
Tax History
Year
Tax Paid
Assessed Value
2025
$8,436
$1,497,740
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,524,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
N/A
+$2,460/mo
1.9%
