Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$1,610,000

6203 Velasco Ave, Dallas, TX, 75214

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,384 Sq Ft
price_per_sqft$450.5 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Microwave, Double Oven, Tankless Water Heater, Wine Cooler
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size7,500 sqft

Building Information

Year Built2014
Roof Type105
Garage Spaces2

Land Information

APN00000199345000000
Lot Number16
SubdivisionLakewood Heights
Land UseResidential
Legal DescriptionLAKEWOOD HEIGHTS BLK 17/2089 LOT 16 INT202500061496 DD03252025 CO-DC 2089 017 01600 1002089 017
Census Tract001102
Assessed Land Value$450,000
Assessed Improvement Value$1,108,620
Assessment Year2025

About this property

Custom Craftsman in the heart of Lakewood Heights on elevated lot designed as a personal home for the builder – Jeff Baron Homes. Expansive great room with two living spaces, open concept kitchen, breakfast area, and gas log fireplace. Kitchen appliances: Subzero, Wolf and Viking. Oversized island and butler’s pantry. Relaxing screened-in back porch with fireplace. Dedicated office and spacious dining room. Primary suite: vaulted ceiling, dual sided fireplace, tree top views. Below grade, oversized two car garage with additional flex space. Stunning full basement with natural lighting, wet bar, full bath, multiple walk-in storage closets, and private entrance. Tesla Powerwall provides whole home battery backup. Control4 system with smart home wiring, speakers, security system and SPAN smart breaker panel. Carefully curated landscaping. Walk to Tietze Park, Lower Greenville and close proximity to White Rock Lake.

Investor Tools

Property Icon
$1,610,000
Estimated Property Value
$1,800,000Estimated Mortgage Balance
$0Estimated Equity
-12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,850 /month
Positive
Cash Flow Estimate:
$3,950 /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
$2,476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,662
$1,558,620
2025
$450,000
$1,108,620
$1,558,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,662
$1,558,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Unknown
$1,800,000
No
First
Mar 26, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,762,895
N/A
0%
109%
$10,792/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$10,792/mo
$-7,912/mo
2.1%

Learn About the Market: Opportunity in Dallas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

6203 Velasco Ave | Property Details | No Agent List