6269 SARATOGA CIRCLE, DALLAS, TX 75214
Homes for sale in Dallas.
Homes for sale in 75214.
6269 Saratoga Circle
Dallas, TX 75214
List Price$637,000
Listing #20960817
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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