$565,000
●
House -
Off Market
6506 Laurel Valley Road
Dallas, TX 75248
4 Beds
1 Bath,
1
Half Bath
3,091 Ft²
$618,641
RealtyHop Estimate
3.12%
Since Feb 1, 2023
TX-Dallas
Primary Model
About This Property
Fantastic curb appeal with mature trees welcomes you and your
guests to this Prestonwood Lake 4-bed, 3.5 bath home. Step inside
to find over 3,000 SF of elegant, yet comfortable living spaces.
This well-crafted home with walls of windows is naturally
light-filled and features beautiful hardwoods, a double-sided
fireplace, and thoughtful, functional built-ins throughout. The
versatile and free-flowing floor plan has both formal living and
dining areas and an open gathering room, breakfast room, and
kitchen. Large first floor Owner's suite with spa bath has double
sink vanities, jetted tub, separate shower. Two additional bedrooms
also on first floor. Upstairs is a fourth bedroom with ensuite bath
plus a separate storage room making it perfect for in-laws, nannies
or guests. Huge outdoor area with covered and uncovered seating
areas is perfect for entertaining. Separate, fenced grassy area for
children or pets to play. Low maintenance lifestyle with HOA caring
for front yard maintenance.
Unit Size
3,091 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$194
Property Type
House
Property Taxes
$1,109
HOA Dues
$145
Year Built
1987
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NTREIS #20187923)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2023 | Sold | ||
| Sold | |||
| Mar 30, 2023 | Listed by Keller Williams Realty DPR | $850,000 | |
| Listed by Keller Williams Realty DPR | |||
| | |||
|
Step into this two-story home in Prestonwood with desirable Richardson schools and a Dallas address. Upon entering the house, you are greeted by a spacious and open living room, which has large windows that allow plenty of natural light to come in. The living rm features high ceilings, neutral walls, and durable real hardwood floors, which extends throughout the house. Elegant kitchen with premium calacatta counters, custom backsplash, updated shaker cabinets, fresh paint,& beautiful SS appliances. Primary ensuite with a huge walk-in shower, soaking tub, dual sinks and custom closet. There are 3 additional bedrooms each all with ensuite bathrooms & ample closet space. Private patio offers ample space for outdoor recreation &relaxation, with plenty of room for kids & pets to play. Overall, this 4-bedroom, 3-bath house in Dallas is a spacious and comfortable family home with modern amenities and a welcoming atmosphere.
| |||
| Jan 4, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by Keller Williams Dallas Midtown | $599,900 | |
| Listed by Keller Williams Dallas Midtown | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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Sold On
HOA + Taxes
About North Central Dallas
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Listed by: Racheal Potter, Keller Williams Dallas Midtown
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20187923
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20187923
Details provided by NTREIS and may not match the public record
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