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$3,995,000

6131 Park Ln, Dallas, TX, 75225

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths5 Bath
Baths6,929 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$576.56 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Refrigerator, Dishwasher, Disposal, Range, Some Commercial Grade
FlooringCarpet, Marble, Stone, Wood

Exterior

Private PoolPrivate Pool
Lot Size19,000 sqft

Building Information

Year Built2004
Roof Type105
Garage Spaces2

Land Information

APN00000406975000000
Lot Number10
SubdivisionPreston
Land UseResidential
Legal DescriptionPRESTON ESTATES BLK B/5471 LOT 10 INT202300074962 DD04142023 CO-DC 5471 00B 01000 1DA5471 00B
Census Tract007702
Assessed Land Value$1,534,250
Assessed Improvement Value$1,397,750
Assessment Year2026

About this property

A Stately French Estate in the Fairway of Preston Hollow - Behind an iron fence and private gate, this stately French château of stone and cast stone rests on a quiet, treed 100 x 190 lot in the fairway of Preston Hollow. Built by D. Michael Homes with quality construction throughout, its 6,929 square feet pair timeless architecture with tasteful transitional interior updates and exceptional attention to detail at every turn. Iron entry doors, flanked by glowing gas lanterns, open to a magnificent 24-foot foyer laid in gray-and-white checkered marble beneath a custom banister. A large private study with millwork and fireplace, a formal living room with stone fireplace and a dining room framed in timeless molding sets an elegant tone. The gorgeous updated kitchen, anchored by a large marble center island, opens to the family room with stone fireplace, while a breakfast room with service bar and a home theatre just off the kitchen make everyday living and movie nights effortless. A gallery leads to the large private primary suite with fireplace and French doors to the backyard, and a second bedroom on the main level offers flexibility for guests. Five grand fireplaces bring warmth throughout the home. Upstairs, three bedrooms each have their own en-suite bath, joined by a game room, a climate controlled storage room, and a walk-in attic. Outside, the pool with water features, turf and loggia join an amazing outdoor living area and kitchen with fireplace and electric screens, creating a private retreat for entertaining. A three-car garage with elevated ceilings allow for car lifts if desired. This beautiful French estate is conveniently located within minutes of private schools, restaurants, and retail.

Investor Tools

$935,161Estimated Mortgage Balance
$3,029,839Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,970 /month
Positive
Cash Flow Estimate:
$7,990 /month

Interested in this property?

Christine McKenny

Allie Beth Allman & Assoc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$6,447/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$57,535
$2,932,000
2026
$1,534,250
$1,397,750
$2,932,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$57,535
$2,932,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$1,000,000
No
First
Apr 14, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$935,161
$3,029,839
76%
24%
$5,996/mo

City: Dallas

6131 Park Ln | Property Details | No Agent List