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$446,999

1814 Melbourne Ave, Dallas, TX, 75224

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$331.11 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater
FlooringVinyl

Exterior

Lot Size7,722 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000338410000000
Lot Number25
SubdivisionElmwood
Land UseResidential
Legal DescriptionELMWOOD ADD NO 4 LOT 25 MELBOURNE VOL82177 PG1439 4770 016 025 2004770 016
Census Tract006302
Assessed Land Value$95,000
Assessed Improvement Value$182,820
Assessment Year2025

About this property

Welcome to Your Urban Oasis—Where Every Detail Has Been Perfected. Nestled in the vibrant, sought-after corridor between Downtown Dallas, the eclectic energy of Bishop Arts, and the historic charm of Elmwood, this meticulously reimagined residence offers more than just a home—it offers a lifestyle. From the moment you arrive, the inviting covered front porch, complete with a gentle ceiling fan. Step inside to discover a sanctuary that has been completely transformed from top to bottom. No detail has been overlooked in this stunning 3-bedroom, 2-bathroom haven. The home radiates sophistication with its contemporary finishes, while the thoughtful layout ensures both comfort and functionality. The heart of the home boasts dream kitchen, featuring a gas stove ,quartz covered island, a generous sized pantry and a seamless flow into the living areas. The expansive living room is anchored by a state-of-the-art electronic fireplace, offering the perfect ambiance for cozy winter nights, while the abundance of natural light streaming through brand-new windows highlights the impeccable craftsmanship. Ceiling fans throughout the home ensure a gentle breeze and energy efficiency year-round. This is a home where you can simply move in and relax. We have invested heavily in the structural integrity and systems of the property to provide you with total confidence .Step out back into a sprawling, tree-canopied backyard that is nothing short of spectacular. Designed for both grand entertaining and serene relaxation, the landscape features a beautiful blend of natural rock elements and low-maintenance native plants, creating a picturesque setting that requires little upkeep. The brand-new wood privacy fence encloses your personal retreat, offering seclusion for weekend barbecues, children’s play, or simply unwinding under the stars. This is the one you’ve been waiting for. A truly turn-key masterpiece where modern upgrades meet timeless charm.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$178,500Estimated Mortgage Balance
$105,318Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,682 /month
Positive
Cash Flow Estimate:
$894 /month

Interested in this property?

Kenneth Gutierrez

Jason Brooks

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,302
$277,820
2025
$95,000
$182,820
$277,820
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,302
$277,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$178,500
No
First
Dec 15, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,682
$105,318
37%
63%
$1,071/mo

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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