8view

Owner Contacts

$1,407,000

NAL Estimated Property Value

6031 Velasco Avenue, Dallas, TX, 75206

Off Market

4 Beds

5 Bath

3,894 Sq Ft

$224.7 / sqft

Built in 2004

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Vented Exhaust Fan

FlooringCarpet, Wood

Exterior

Private Pool

Exterior FeaturesFire Pit, Rain Gutters, Lighting

Lot Size7,980 sqft

Building Information

Year Built2004

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000184051000000

Lot Number17

SubdivisionBelmont

Land UseResidential

Legal DescriptionBELMONT SUBURBAN BLK 4/1894 LT 17 INT202000238815 DD08282020 CO-DC 1894 004 01700 1001894 004

Census Tract001101

Assessed Land Value$438,900

Assessed Improvement Value$832,100

Assessment Year2025

About this property

Wonderful 4 bed home w open floor plan.Enter to high ceilings&study w BI’s.Kitch feat:granite,BB,SS apps:2 ovens,BI micro, BI fridge,6-burner cooktop&vent. Both kitch&breakfast rm open to large living area w high beamed ceilings,FP,BI’s&a wall of French doors to cov. patio&pool& wet bar w bev. cooler&wine alcove.The 1st floor also has a full-sized utility rm w sink, half bath, and att. two-car garage. 2nd floor includes all 4 bedrooms, all with their own bathroom&WI closet.The master suite has a sitting area,&balcony.Master bath has 2 vanities, sep. shower,jetted tub& WI closet.Landscaped backyard is an oasis w pool,attached spa, large covered patio with the home’s 2nd fireplace, BI grill&plenty of grass.Enjoy.

Investor Tools

$1,407,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,407,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,442 /month

Positive

Cash Flow Estimate:

$2,814 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,763/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$26,118

$1,271,000

2025

$438,900

$832,100

$1,271,000

Tax History

Year

Tax Paid

Assessed Value

2024

$26,118

$1,271,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,407,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,170/mo

N/A

+$3,170/mo

2.7%

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