USATXDallasCaruth Terrace6269 Saratoga Cir
6269 Saratoga Cir, House other with 3 bedrooms, 2 bathrooms and null parking in Dallas TX | Image 1
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$657,000

6269 Saratoga Cir, Dallas, TX

House

For Sale

$--,---,---
320
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1852 sqft
Garage Yes
Taxes $9,455
Days Active 41
Lot Size 
Approx. Age 1959
Avg. Price Per Sqft $354
MLS® Number 20960817

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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: $293kShow Description
MLS® Number20960817
Laundry Level
Central VacNo
FireplaceNo
Acreage0.217
Exterior
GarageYes
Approx. Age1959
Basement
DrivewayGarage
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

Extras

Rooms

Show Details
Bedroom 1:First16 × 12 ft
Living Room:First40 × 20 ft

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