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$1,850,000

6045-6047 Velasco Avenue, Dallas, TX, 75206

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths5,286 Sq Ft
DuplexDuplex
price_per_sqft$349.98 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesSome Gas Appliances, Convection Oven, Double Oven, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Plumbed For Gas, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Water Purifier, Washer, Wine Cooler
FlooringWood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,980 sqft

Building Information

Year Built1924
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000184039000000
Lot Number13
SubdivisionBelmont
Land UseResidential
Legal DescriptionBELMONT SUBURBAN BLK 4/1894 LT 13 AT SKILLMAN INT202500049633 DD03072025 CO-DC 1894 004 01300 1001894 004
Census Tract001101
Assessed Land Value$395,010
Assessed Improvement Value$112,220
Assessment Year2025

About this property

Thoughtfully designed new-construction duplex offering modern comfort, craftsmanship, and low-maintenance living in one of East Dallas’s most walkable neighborhoods near Lower Greenville. Designed for flexibility, this property works equally well for owner-occupants, multigenerational living, or long-term investment. Each residence features a pier-and-beam foundation with insulation and warranty, Pella energy-rated windows, enhanced sound and thermal insulation, five-panel solid core doors, fully trimmed windows and doors, and quartz countertops throughout. Living spaces are anchored by gas fireplaces indoors and out, creating a seamless connection between interior and exterior entertaining. The chef’s kitchen is equipped with an induction cooktop, double smart ovens with convection and air-fry modes, warming drawer, wine refrigerator, and smart-hub refrigerator. Bluetooth-enabled appliances, programmable systems, USB and USC outlets, electronic exterior locks, and EV-ready garage wiring support modern, connected living. Design details elevate the home beyond typical new construction, including handcrafted stained-glass windows by a local artisan, Motawi tile, and restored vintage lighting that add warmth and character. The primary suite features a spa-inspired bath with heated floors. A private rear porch with mechanized screens and low-maintenance, pollinator-friendly landscaping enhances the lock-and-leave lifestyle. Located minutes from Lower Greenville dining, shopping, and everyday conveniences, this East Dallas duplex offers strong long-term appeal, walkability, and thoughtful design in a neighborhood known for community connection and consistent appreciation.

Investor Tools

$1,670,524Estimated Mortgage Balance
$210,476Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,286 /month
Positive
Cash Flow Estimate:
$3,762 /month

Interested in this property?

Karen Cuskey

Coldwell Banker Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,725/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,295
$507,230
2025
$395,010
$112,220
$507,230
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,295
$507,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of The West
Commercial
$1,716,320
No
First
Mar 7, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,670,524
$210,476
11%
89%
$10,291/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$10,291/mo
$-8,361/mo
1.2%

City: Dallas

6045-6047 Velasco Avenue | Property Details | No Agent List