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1view

$1,895,000

6843 Lorna Ln, Dallas, TX, 75214

Off Market

4 Beds

4 Bath

4,134 Sq Ft

Single Family Residence

$458.39 / sqft

Built in 1936

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Vented Exhaust Fan, Wine Cooler

FlooringCeramic Tile, Terrazzo, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Rain Gutters, Lighting

Lot Size9,758 sqft

Building Information

Year Built1936

Stories2

Roof Type172

Garage Spaces1

Land Information

APN00000231292000000

Lot Number8

SubdivisionGaston Place

Land UseResidential

Legal DescriptionGASTON PLACE BLK D/2805 LT 8 INT202300093913 DD05112023 CO-DC 2805 00D 00800 1002805 00D

Census Tract000100

Assessed Land Value$634,270

Assessed Improvement Value$1,256,110

Assessment Year2025

About this property

This Bauhaus-inspired International Style home was designed to usher in a new way of modern living. In 2004, architect owner’s renovated & expanded the home.The expansion pivots off of the former circular kitchen nook, allowing for a lge multi-use room downstairs & master upstairs. Both levels open up to the east through a lge curtain wall (bank of 10’ commercial double paned windows and doors), providing soft morning light and giving definition to the outdoor pool, living space, pergolas and gardens.W-custom amenities, lighting, & architectural embellishments not seen in today’s better built custom homes, this home will not last!

Investor Tools

$2,045,000

Estimated Property Value

$1,520,000Estimated Mortgage Balance

$584,522Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$12,270 /month

Positive

Cash Flow Estimate:

$4,090 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$4,269/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$41,002

$1,890,380

2025

$634,270

$1,256,110

$1,890,380

Tax History

Year

Tax Paid

Assessed Value

2024

$41,002

$1,890,380

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Veritex Community Bank

Conventional

$1,520,000

First

May 11, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,460,478

$584,522

28%

71%

$9,114/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$9,114/mo

$-6,234/mo

1.7%

Learn About the Market: Opportunity in Dallas

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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.

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