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$269,515

1310 Melbourne Avenue, Dallas, TX, 75224

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,303 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.84 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size11,326 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000313876000000
Lot Number11 & W
SubdivisionElmwood
Land UseResidential
Legal DescriptionELMWOOD BLK 13/4274 LT 11 & W PT 10 ACS 0.26 INT201900276363 DD10152019 CO-DC 4274 013 01000 2004274 013
Census Tract006302
Assessed Land Value$95,000
Assessed Improvement Value$205,000
Assessment Year2025

About this property

Shows like new. Taken back to the studs and lovingly rebuilt from plans by architect D.C. Broadstone II with added master bath and covered patio. Ample cabinet and closet space. New HVAC system, wiring, roof, gas line, water heater, kitchen cabinets & appliances, baths, flooring, fixtures, hardware, blinds, and garage door, door opener & garage floor. Fresh paint inside and out. Spacious back yard. Passed Green Code inspection required by city.

Investor Tools

Property Icon
$318,000
Estimated Property Value
$0Estimated Mortgage Balance
$91,792Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$541/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,901
$300,000
2025
$95,000
$205,000
$300,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,901
$300,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$260,000
No
First
Oct 15, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,208
$91,792
28%
71%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,559/mo
+$413/mo
7.4%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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1310 Melbourne Avenue | Property Details | No Agent List