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$628,000

6116 Chesley Ln, Dallas, TX, 75214

$748,740 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.89 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Electric Oven, Gas Cooktop, Double Oven
FlooringMarble

Exterior

Lot Size10,240 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000394313200000
Lot Number3
SubdivisionLovers Lane East
Land UseResidential
Legal DescriptionLOVERS LANE EAST BLK B/5407 LT 3 INT201400271845 DD10212014 CO-DC 5407 00B 00300 1005407 00B
Census Tract007903
Assessed Land Value$400,000
Assessed Improvement Value$553,670
Assessment Year2025

About this property

Rare opportunity in prestigious Lovers Lane East—an investor special and true blank canvas in one of Dallas’ most sought-after neighborhoods. Set within the pristine Lovers Lane East area, this property offers exceptional potential for the discerning renovator, builder, or buyer with a vision for creating something special. Framed by mature oak trees and surrounded by the character of an established East Dallas neighborhood, this handsome traditional home is filled with natural light and inviting spaces. The entry opens to formal living and dining areas, creating a classic layout for entertaining. Beyond the formals, the airy second living room features a large fireplace that anchors the space and adds warmth to the home. Travertine floors connect the living areas, den, kitchen, and spacious breakfast room, providing an easy, open flow for everyday living. The primary bath includes a jetted tub and separate shower, offering a comfortable foundation for future updates. Set in the sought-after 75214 area, residents enjoy convenient access to East Dallas dining, shopping, parks, and recreation, along with the charm and appeal of a well-established neighborhood. 6116 Chesley Lane offers a rare combination of comfort, flexibility, location, and East Dallas lifestyle appeal. This traditional 4-bedroom, 3.1-bath home offers 2,554 square feet on a .235-acre lot, presenting endless potential in one of Dallas’ most convenient and established neighborhoods. With generous proportions, a desirable location, and room to reimagine, the property is well positioned for a thoughtful renovation or custom transformation.

Investor Tools

$67,698Estimated Mortgage Balance
$936,302Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$748,739
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,024 /month
Positive
Cash Flow Estimate:
$2,008 /month

Interested in this property?

Elizabeth Mast

Briggs Freeman Sotheby's Int'l

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$997/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,949
$953,670
2025
$400,000
$553,670
$953,670
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,949
$953,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$255,000
No
First
Oct 21, 2014
Nov 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,698
$936,302
93%
7%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
N/A
+$2,880/mo
3.4%

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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6116 Chesley Ln | Property Details | No Agent List