Sales comparison approach using nearby properties with similar lot sizes and development potential. Adjusted for condition and age of existing structure.
Expansive 1.92-Acre Lot with Bungalow in Highland Hills
The defining feature of 6218 Tracy Road is its rare, expansive 1.92-acre (83,635 sqft) lot in Dallas’s Highland Hills neighborhood. A modest, single-story bungalow built in 1945 provides approximately 660 square feet of living area (1 bedroom, 1 bathroom) but is documented as needing major renovation or potential teardown. The property has been owner-occupied for decades and presents a clear redevelopment or renovation opportunity for buyers who value land scale and location.
Improvements are simple and dated: wood-frame construction, a composition shingle roof, window-unit cooling, and a gas stove for heat. There is no attached garage or basement; on-site parking is via a driveway with space for multiple vehicles. Topography is level and utilities (water, sewer, gas, electric) are available—factors that reduce site-prep complexity for future construction. Zoning is recorded as Z298 (City of Dallas) with an allowed-use summary that includes single-family, duplex, and accessory dwelling units, and standard residential setbacks apply.
Location and context strengthen the lot’s appeal. The parcel sits a short walk from Miller Family Park and is within a few miles of Paul Quinn College and Dallas College Cedar Valley Campus. Downtown Dallas is documented at roughly 12 miles away, and the neighborhood is the subject of local revitalization efforts. Nearby comparable sales include several new-construction homes on Tracy Road, offering a market backdrop of recent trades and varied product types within walking distance.
This property is oriented toward buyers, developers, or investors weighing renovation against teardown and rebuild. Key due-diligence items should include confirming lot boundaries, verifying zoning and permitting constraints, and a detailed condition assessment of the existing structure. The record shows owner occupancy with the mailing address matching the property and an assessed total value and annual tax record on file; prospective parties should confirm these and other public-record details. The site’s size, utility access, and zoning flexibility make it a distinctive land opportunity in Highland Hills, subject to regulatory review and on-site inspection.
See the properties helping shape the valuation.
Comparable sales
- 1,251 SF larger
- 3 additional bedrooms
- 2 additional bathrooms
- 71,351 SF smaller lot
- 76 years newer
- 987 SF larger
- 2 additional bedrooms
- 1 additional bathroom
- 77,406 SF smaller lot
- 81 years newer
- 5,060 SF larger
- 4 additional bedrooms
- 3 additional bathrooms
- 71,438 SF smaller lot
- 80 years newer
A 1945 bungalow on 1.92 acres.
Building
Site & utilities
Highland Hills
Researched nearby locations
Location
6218 Tracy Road, Dallas, Texas 75241
Highland Hills is a residential area of Dallas experiencing steady growth and local revitalization. The neighborhood includes a mix of established homes, vacant lots, and recent infill construction. Nearby anchors include Miller Family Park (about 0.2 miles), Paul Quinn College (≈1.5 miles), and Dallas College Cedar Valley Campus (≈2 miles). Elementary ratings are noted above average for Whitney M. Young Jr. Elementary, while middle and high school ratings are lower; the neighborhood falls within the Dallas Independent School District. The location provides reasonable access to downtown Dallas and regional freeways, making it attractive for buyers focused on land and redevelopment potential.
Miller Family Park is documented within approximately 0.2 miles, and the property enjoys close proximity to other local parks and recreational open space. Additional nearby amenities include college campuses that offer community programs and green spaces.
A factual market snapshot around 6218 Tracy Road.
Single Family Residential
Zoning
Research-indicated uses
- Single Family
- Duplex
- Accessory Dwelling Unit
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 460 SF larger
- 2 additional bedrooms
- 1 additional bathroom
What the research supports — and what is still worth verifying.
Key findings
- Built in 1945; requires major renovations or teardown
- Assessed value of $143,220 with annual taxes of $3,189
- Zoned Z298 for single-family residential use
- Comparable properties suggest market value between $150,000 and $180,000
- Located in Highland Hills neighborhood with ongoing revitalization
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify zoning regulations and allowable uses
- Assess condition of existing structure
- Evaluate market demand for new constructions in area
What stands out about this property.
Interior Features
- 1 bedroom
- 1 bathroom
- 660 sq ft gross building area
- Single story
- Year built: 1945
- Wood frame construction
- Composition shingle roof
- Window unit cooling
- Gas stove heating
- No garage
- No basement
- Condition: needs renovation
- Fireplace: none
Sources & research confidence.
See where the property research came from and how confidence varies by field.