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$1,095,000

6855 Gaston Ave, Dallas, TX, 75214

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,863 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$382.47 / sqft
Year BuiltBuilt in 1937

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Convection Oven, Other
FlooringCeramic Tile, Marble, Wood, Other

Exterior

Exterior FeaturesBuilt-in Barbecue, Rain Gutters, Other
Lot Size9,525 sqft

Building Information

Year Built1937
Stories2
Roof Type105
Garage Spaces4

Land Information

APN00000231322000000
Lot Number2
SubdivisionGaston Place
Land UseResidential
Legal DescriptionGASTON PLACE BLK B/2806 LT 2 LESS 1 FT INT202300087151 DD05012023 CO-DC 2806 00B 00200 1002806 00B
Census Tract000100
Assessed Land Value$433,390
Assessed Improvement Value$641,950
Assessment Year2025

About this property

Circa 1937 historic Lakewood American Colonial home was taken to the studs in 2015, opened up, & updated to the nines! This property boasts 4 full bedrooms including a newly added master suite on the 1st floor, 3.1 baths & tasteful architectural updates that fit this wonderful style. Open floor plan that boasts light & bright finishes, W-Carrara marble throughout, chef's kitchen w-oversized island work area & breakfast bar as well as Kitchen-Aid pro gas range & hood, & farm house sink. Charming & spacious living-family area opens from both the entry & opens via double French doors the office & 2nd LA that in turn leads to 1st floor master suite complete w-awesome bathroom including soaking tub, walk-in shower & huge walk-in closet. Additional features include outside LA with built-in grill, board on board 8' privacy fence, alley entrance 2 car carport w-power gate which provides easy access to the heart of Lakewood, circle drive for guest parking & award winning Lakewood elementary!

Investor Tools

Property Icon
$1,223,000
Estimated Property Value
$776,250Estimated Mortgage Balance
$489,453Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,338 /month
Positive
Cash Flow Estimate:
$2,446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,342/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,990
$1,075,340
2025
$433,390
$641,950
$1,075,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,990
$1,075,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$776,250
No
First
May 1, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$733,547
$489,453
40%
60%
$4,655/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$4,655/mo
$-1,775/mo
2.8%

Learn About the Market: Opportunity in Dallas

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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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6855 Gaston Ave | Property Details | No Agent List