6269 Saratoga Circle, Dallas, TX 75214
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by:joe iley210-690-0050
Office:mission real estate group
MLS#:20960817
Source:GDAR
Price summary
- Price:$657,000
- Price per sq. ft.:$354.75
About this home
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
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Home facts
- Year built:1959
- Listing ID #:20960817
- Added:119 day(s) ago
- Updated:October 03, 2025 at 11:43 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,852 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1959
- Building area:1,852 sq. ft.
- Lot area:0.22 Acres
Schools
- High school:Woodrow Wilson
- Middle school:Long
- Elementary school:Mockingbird
Finances and disclosures
- Price:$657,000
- Price per sq. ft.:$354.75
- Tax amount:$9,455
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