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617 Parkview Avenue
About This Property
4 Bed · 4.5 Bath · 4,049 Sq Ft · New Construction · $846,000
East Dallas new construction. First-floor primary suite. 893 sq ft upstairs family room. Steps from the Santa Fe Trail.
617 Parkview Ave is 4,049 square feet of new construction in E Dallas near Lakewood, built by the same acclaimed builder behind the sold 416 Mount Auburn Ave. The result is a home that delivers genuine luxury without the wait: move-in ready, fully finished & built to a standard that buyers in this corridor recognize immediately.
The 1st floor primary ste is the anchor: a 212 sq ft bedrm, 169 sq ft walk-in closet & spa-inspired bath w. frameless glass shower & Delta Trinsic fixtures. No stairs at the end of the day. The main level opens dramatically from there: double-height ceilings over the living area, anchored by a firepl, create a space that feels as grand as it is livable.
The kitchen is built for real life: flat-panel frameless cabinetry, Calacatta white quartz waterfall island, full-height backsplash, undercabinet lighting, GE stainless appls & a vented designer hood. European oak engineered hardwood runs thru out every room.
Upstairs, an 893 sq ft family room anchors 3 additional bedrms, each with its own private bath & closet, plus a dedicated laundry room. Built smart thru out: 5-ton 2-zone HVAC, spray foam insulation, NFRC-certified windows with STC noise reduction, tankless water heater, Energy Code Green Certified, EV-ready garage, smart-home wiring, prewired security, built-in Taexx pest control & a pool-ready backyard with 8' cedar privacy fence and full sprinkler system.
Step outside & you're on the Santa Fe Trail with White Rock Lake just beyond. Tenison Park Golf, Lower Greenville, the Granada Theater, Deep Ellum, Downtown Dallas & the Baylor Medical District are all minutes away. DART rail access. Zoned to Mount Auburn Elementary, J.L. Long Middle & Woodrow Wilson High; with Lakehill Prep, Hockaday & St. John's Episcopal nearby.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2026 | Price Decreased |
$836,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Oct 16, 2026 | No longer available | - | |
| No longer available | |||
| Oct 16, 2026 | Listed by King Realty, LLC | $846,000 | |
| Listed by King Realty, LLC | |||
| Oct 7, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 13, 2026 | Price Decreased |
$846,900
↓ $3K
(0.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017