6269 SARATOGA CIRCLE, DALLAS, TX 75214

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6269 Saratoga Circle

Dallas, TX 75214

Status of the property has changed, please contact for details

List Price$637,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20960817

3

Bedrooms

2 full

Bathrooms

1,852

Square Feet

House

Type

About This Property

1850sf 3-2-2 9450sf lot BRING YOUR VISION!! Exceptional opportunity in sought-after Caruth Terrace neighborhood within the Mockingbird Elementary School district. Remodel began, including LR-DN-DEN load bearing walls removed; Windows replaced; floors sanded. Multiple remodel-new build projects currently underway in neighborhood. Selling AS-IS to visionary buyer with 3 potential finish-out opportunities: 1) Remodel as-is plus add utility room to garage (+120sf) plus finish-out detached bonus room in backyard (150sf). a. $657k purchase b. $150k remodel costs (per contractor estimate) c. $807k total basis d. $880k Value at market rate at $425 per sf with 2000sf + 150sf bonus room e. Net equity: $73k 2) #1 above plus add 2nd floor of 1,000sf (see 6278 Saratoga Cir example) a. $807k cost from option #1 b. $200k 2nd floor addition @ $200 per sf c. $1007k total basis d. $1.3mm Value @$425 per sf of 3,000sf e. Net equity: $293k 3) Teardown and build new (see 6254 Sudbury Ln example) a. $657k purchase b. $850k build cost @$200per sf; 4250sf home at 9450sf lot x 45 percent coverage c. $1.507mm total basis d. $1.8mm Value @$425 per sf of 4250sf e. Net equity: $293k

Property Features

Location Information

County

Dallas

Subdivision

Caruth Terrace

Interior Features

Rooms

First Floor Living Room, First Floor Primary Bedroom

Number of Fireplaces

1

Interior

Other

Heating

Central

Master Bedroom Description

12 x 16

Cooling

Central Air

Full Baths

2

Floors

Hardwood

Living Room Description

20 x 40

Appliances

Gas Range, Refrigerator

Has Fireplace

Yes

Exterior Features

Style

Traditional, Detached

Has Garage

Yes

Stories

1

Garage Spaces

2

Construction

Brick

Fencing

Chain Link, Wood

Foundation

Slab

Patio / Deck Description

Covered

Roof

Composition

Pool Description

None

Water / Sewer

Sewer Available, Water Available

Lot Size in Acres

0.217

Utilities

Sewer Available, Water Available

Lot Size in Sq. Ft.

9,452

Parking Description

Garage

Is One Story

Yes

School

Elementary School District

Dallas ISD

Jr. High School

Long

Elementary School

Mockingbird

High School

Woodrow Wilson

Additional Information

Year Built Details

Preowned

Year Built

1959

Property Type

SFR

Status

Active

Property SubType 2

House

Has a Home Owners Association

No

Property SubType

Single Family Residence

Tax Annual Amount

9455.0

Similar Listings

Mortgage Calculator

$2,973

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,295

Monthly Tax

$530

Monthly Insurance

$148

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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