6269 Saratoga Cir
Dallas, TX 75214
3 Beds2 Baths1,852 Sq Ft77 Days on Market
For Sale $657,000
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Courtesy of Mission Real Estate Group
Listing Agent & Comments
1850sf 3-2-2 9450sf lot BRING YOUR VISION!! Exceptional opportunity in sought-after Caruth Terrace neighborhood within the Mockingbird Elementary School district. Remodel began, including LR-DN-DEN load bearing walls removed; Windows replaced; floors sanded. Multiple remodel-new build projects currently underway in neighborhood. Selling AS-IS to visionary buyer with 3 potential finish-out opportunities: 1) Remodel as-is plus add utility room to garage (+120sf) plus finish-out detached bonus room in backyard (150sf). a. $657k purchase b. $150k remodel costs (per contractor estimate) c. $807k total basis d. $880k Value at market rate at $425 per sf with 2000sf + 150sf bonus room e. Net equity: $73k 2) #1 above plus add 2nd floor of 1,000sf (see 6278 Saratoga Cir example) a. $807k cost from option #1 b. $200k 2nd floor addition @ $200 per sf c. $1007k total basis d. $1.3mm Value @$425 per sf of 3,000sf e. Net equity: $293k 3) Teardown and build new (see 6254 Sudbury Ln example) a. $657k purchase b. $850k build cost @$200per sf; 4250sf home at 9450sf lot x 45 percent coverage c. $1.507mm total basis d. $1.8mm Value @$425 per sf of 4250sf e. Net equity: $293k
MLS# 20960817 • Data provided by NTREIS
Living Area | 1,852 Sq.Ft. |
---|---|
Lot Size | 9,453 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 3 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 1959 |
Property Type | Single Family Detached |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $5,162 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by NTREIS.
More Information On This Home
This home's estimated value
$650,546
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage
6269 Saratoga Cir., Dallas, TX 75214
Single Family Detached3 Beds2 Baths1,852 Sq Ft77 Days on Market
Listing Agent & Comments
1850sf 3-2-2 9450sf lot BRING YOUR VISION!! Exceptional opportunity in sought-after Caruth Terrace neighborhood within the Mockingbird Elementary School district. Remodel began, including LR-DN-DEN load bearing walls removed; Windows replaced; floors sanded. Multiple remodel-new build projects currently underway in neighborhood. Selling AS-IS to visionary buyer with 3 potential finish-out opportunities: 1) Remodel as-is plus add utility room to garage (+120sf) plus finish-out detached bonus room in backyard (150sf). a. $657k purchase b. $150k remodel costs (per contractor estimate) c. $807k total basis d. $880k Value at market rate at $425 per sf with 2000sf + 150sf bonus room e. Net equity: $73k 2) #1 above plus add 2nd floor of 1,000sf (see 6278 Saratoga Cir example) a. $807k cost from option #1 b. $200k 2nd floor addition @ $200 per sf c. $1007k total basis d. $1.3mm Value @$425 per sf of 3,000sf e. Net equity: $293k 3) Teardown and build new (see 6254 Sudbury Ln example) a. $657k purchase b. $850k build cost @$200per sf; 4250sf home at 9450sf lot x 45 percent coverage c. $1.507mm total basis d. $1.8mm Value @$425 per sf of 4250sf e. Net equity: $293k
MLS# 20960817 • Data provided by NTREIS
Living Area | 1,852 Sq.Ft. |
---|---|
Lot Size | 9,453 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 3 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 1959 |
Property Type | Single Family Detached |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $5,162 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by NTREIS.
New
Do you own this home?
Access your homeowner dashboard
For Sale $657,000
Save
Courtesy of Mission Real Estate Group
6269 Saratoga Cir
Dallas, TX 75214
3 Beds2 Baths1,852 Sq Ft77 Days on Market
Listing Agent & Comments
1850sf 3-2-2 9450sf lot BRING YOUR VISION!! Exceptional opportunity in sought-after Caruth Terrace neighborhood within the Mockingbird Elementary School district. Remodel began, including LR-DN-DEN load bearing walls removed; Windows replaced; floors sanded. Multiple remodel-new build projects currently underway in neighborhood. Selling AS-IS to visionary buyer with 3 potential finish-out opportunities: 1) Remodel as-is plus add utility room to garage (+120sf) plus finish-out detached bonus room in backyard (150sf). a. $657k purchase b. $150k remodel costs (per contractor estimate) c. $807k total basis d. $880k Value at market rate at $425 per sf with 2000sf + 150sf bonus room e. Net equity: $73k 2) #1 above plus add 2nd floor of 1,000sf (see 6278 Saratoga Cir example) a. $807k cost from option #1 b. $200k 2nd floor addition @ $200 per sf c. $1007k total basis d. $1.3mm Value @$425 per sf of 3,000sf e. Net equity: $293k 3) Teardown and build new (see 6254 Sudbury Ln example) a. $657k purchase b. $850k build cost @$200per sf; 4250sf home at 9450sf lot x 45 percent coverage c. $1.507mm total basis d. $1.8mm Value @$425 per sf of 4250sf e. Net equity: $293k
MLS# 20960817 • Data provided by NTREIS
Living Area | 1,852 Sq.Ft. |
---|---|
Lot Size | 9,453 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 3 |
Bathrooms | 2 |
Stories | 1 |
Year Built | 1959 |
Property Type | Single Family Detached |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $5,162 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by NTREIS.
More Information On This Home
This home's estimated value
$650,546
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
For Sale $657,000
Save
Courtesy of Mission Real Estate Group