1view

Owner Contacts

$1,400,000

6138 Velasco Ave, Dallas, TX, 75214

Off Market

5 Beds

5 Bath

4,026 Sq Ft

Single Family Residence

$347.74 / sqft

Built in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Double Oven, Refrigerator, Wine Cooler

FlooringWood

Exterior

Lot Size7,500 sqft

Building Information

Year Built2012

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000199849000000

Lot Number27

SubdivisionLakewood Heights

Land UseResidential

Legal DescriptionLAKEWOOD HEIGHTS BLK 15/2094 LOT 27 INT202300096365 DD05162023 CO-DC 2094 015 02700 1002094 015

Census Tract001102

Assessed Land Value$450,000

Assessed Improvement Value$930,000

Assessment Year2025

About this property

Fabulous hard to find 5 bedroom custom Home with open floor plan. Tons of natural light fills the breakfast room with views of the private back yard that features an outdoor living space with fireplace. The Chefs kitchen has custom white cabinetry, 6 burner gas cooktop, double ovens, large island & built in refrigerator which opens to 2 story family room with bar & wine fridge. Perfect first floor guest bedroom with ensuite bath is great for in laws. Large primary bedroom upstairs with his & hers closets. Secondary bedrooms are upstairs with an outstanding media room. Seller will need leaseback until August 15 but may be out sooner than that. No Showings until OPEN HOUSE SUNDAY 1:30-3:00

Investor Tools

$1,557,000

Estimated Property Value

$759,000Estimated Mortgage Balance

$831,172Estimated Equity

51% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,342 /month

Positive

Cash Flow Estimate:

$3,114 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,737/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$25,054

$1,380,000

2025

$450,000

$930,000

$1,380,000

Tax History

Year

Tax Paid

Assessed Value

2024

$25,054

$1,380,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$759,000

First

May 16, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$725,828

$831,172

53%

47%

$4,248/mo

Learn About the Market: Opportunity in Dallas

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 This Area