tomo logo

$519,000

Beds
3
Baths
2.0
sq ft
1,833

601 N Lancaster Ave, Dallas, TX 75203

601 N Lancaster Ave

Dallas, TX 75203

  • 5 days on market
This charming and well maintained home is move in ready OR could be an ideal INVESTMENT opportunity situated in the sought after Lake Cliff area that is quickly becoming gentrified. The home sits on a large corner lot that is adjacent to an empty lot and walking distance to the trendy Bishop Arts District. The home features high ceilings, an abundance of windows and natural light, a huge primary bedroom with a nicely updated and modern ensuite bath and large walk in closet, cute covered front patio area, private side yard, attached two car garage, and an electric gate with extra parking that can fit two extra cars outside of the garage. The lovely kitchen opens to the living room and includes a large island, quartz counter tops, stainless steel appliances, a walk in pantry, and a spacious dining area. The owners have freshened up the overall style of the home by installing quartz counter tops both in the kitchen and to both bathrooms, replacing the tile floors with stained concrete, painting the interior, adding sleek light fixtures, and adding a glass sliding door to allow easy access to enjoy the patio area off the kitchen. This home is overall just so inviting and located just minutes to downtown!! The HVAC was recently replaced in 2025. Refrigerator, Washer and Dryer, Ring doorbell and security cameras will convey with property.

Details

Property type

Single Family Residence

Est. home value

$425,797

Lot size

5,749.92 sq ft

Price per sq ft

$284

Year built

2014

Annual property taxes

$12,293

Price History

03/20/2025
NTREIS

NTREIS #20835099

Listed
$519,000
06/30/2020
NTREIS

NTREIS #14350547

Removed

Schools & Community

Neighborhood: 

Oak Cliff

Elementary school: 

Bowie

Middle school: 

Garcia

High school: 

Adamson

School district: 

Dallas ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$122,852
Asking price
$519,000
Closing costs (~8% of asking)
-$41,520
Est. remaining loan balance
-$354,628
Cash to seller
$122,852

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

July 2021

Original loan amount

$385,600

Est. remaining balance

$354,628

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Shane William Allen and Zachariah N Allen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/25/2025 at 7:45 PM

Listing updated: 03/23/2025 at 5:07 PM

Listed by: Mandy Hanu, Vivo Realty Phone #: (214) 705-7705

MLS: NTREIS #20835099

NTREIS logo

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