Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$313,750

NAL Estimated Property Value

2505 Melbourne Avenue, Dallas, TX, 75233

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,308 Sq Ft
price_per_sqft$164.37 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Vented Exhaust Fan
FlooringLaminate

Exterior

Lot Size8,296 sqft

Building Information

Year Built1953
Stories1
Roof Type105

Land Information

APN00000465832000000
Lot Number38
SubdivisionRoland Dale Rev
Land UseResidential
Legal DescriptionROLAND DALE REV BLK 1/5967 LOT 38 INT202000286935 DD10132020 CO-DC 5967 001 03800 2005967 001
Census Tract010804
Assessed Land Value$120,000
Assessed Improvement Value$193,750
Assessment Year2025

About this property

Beautiful home 3 bedroom and 2 bathroom one story in the very heart of Oak cliff, very close to Bishop Arts. Totally remodeled in the inside and fresh paint in the outside. Huge backyard, new kitchen cabinets. Will have new kitchen stainless steel appliances before closing. This is a must see, it won't last long! Ask about the 100% financing program with a minimum of 600 credit score. No existing Survey, Buyer will need to purchase a new one.

Investor Tools

Property Icon
$313,750
Estimated Property Value
$198,650Estimated Mortgage Balance
$115,100Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,883 /month
Positive
Cash Flow Estimate:
$628 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,428
$313,750
2025
$120,000
$193,750
$313,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,428
$313,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$212,087
Yes
First
Oct 13, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,650
$115,100
36%
63%
$1,336/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,336/mo
+$636/mo
7.5%

City: Dallas

2505 Melbourne Avenue | Property Details | No Agent List