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Days58Days on Market
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$1,895,000

$1,995,000

1606 Old Gate Ln, Dallas, TX, 75218

On MarketInfo
Price DropInfo
Beds5 Beds
Baths4 Bath
Baths4,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$448.63 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Microwave, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler
FlooringTile, Wood

Exterior

Exterior FeaturesBuilt-in Barbecue, Gas Grill, Rain Gutters, Outdoor Grill, Outdoor Kitchen
Lot Size10,062 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces3

Land Information

APN005312000D22C0000
Lot Number22C
SubdivisionLittle Forest Hills
Land UseResidential
Legal DescriptionLITTLE FOREST HILLS ESTATES BLK D/5312 LT 22C ACS 0.2310 INT202300236060 DD11172023 CO-DC 5312 00D 22C00 1DA5312 00D
Census Tract008102
Assessed Land Value$350,000
Assessed Improvement Value$1,264,120
Assessment Year2025

About this property

2024 construction in Little Forest Hills, one of the most established and tightly held streets in East Dallas, just across Garland Road from White Rock Lake and the Dallas Arboretum. Behind the white brick and black steel windows, wide plank oak floors run under vaulted ceilings, with a floating white oak staircase setting the tone at the entry. The open kitchen features a large stone waterfall island, custom cabinetry, a working pantry, and a wet bar with wine storage, all flowing into a great room anchored by a fireplace and built-ins. A first-floor guest suite with ensuite bath and a private study complete the main level. Upstairs, the vaulted primary suite includes a marble bath with a freestanding tub and brushed brass fittings, plus a large walk-in closet, alongside a game room and three additional bedrooms. Outside is the showpiece: a vaulted covered patio with a full outdoor kitchen opening to a landscaped backyard built for everyday living. Five bedrooms, four baths, a three-car garage, and 4,224 sqft, minutes from Casa Linda Plaza, the lake trails and about 15 minutes to Downtown Dallas.

Investor Tools

$2,646,698Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,970 /month
Positive
Cash Flow Estimate:
$3,990 /month

Interested in this property?

Madison Vaughan

BESPOKE REAL ESTATE BROKERAGE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,826/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$35,942
$1,614,120
2025
$350,000
$1,264,120
$1,614,120
No

Tax History

Year
Tax Paid
Assessed Value
2025
$35,942
$1,614,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank
Conventional
$1,463,700
No
First
Nov 17, 2023
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,646,698
N/A
0%
133%
$17,673/mo

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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1606 Old Gate Ln | Property Details | No Agent List