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Owner Contacts

$219,430

NAL Estimated Property Value

2555 Melbourne Avenue, Dallas, TX, 75233

$230,530 ARV

Off Market

3 Beds

1 Bath

1,359 Sq Ft

Single Family Residence

$117.73 / sqft

Built in 1952

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Refrigerator

FlooringLaminate

Exterior

Lot Size7,796 sqft

Building Information

Year Built1952

Stories1

Roof Type105

Land Information

APN00000465799000000

Lot Number27

SubdivisionRoland Dale Rev

Land UseResidential

Legal DescriptionROLAND DALE REV BLK 1/5967 LT 27 INT202000319215 DD11132020 CO-DC 5967 001 02700 2005967 001

Census Tract010804

Assessed Land Value$80,000

Assessed Improvement Value$139,430

Assessment Year2025

About this property

Beautifully remodeled home in the heart of Oak Cliff, only 4 miles from The Bishop Arts District and just 2.4 miles from Hwy I-35 and countless shopping opportunities at Wynnewood Village. Home has new appliances and flooring, fresh interior and exterior paint, and boasts a large backyard with endless potential. Wonderful inside and outside spaces to entertain friends and family. This gem is just waiting to be your own private oasis.

Investor Tools

$219,430

Estimated Property Value

$140,423Estimated Mortgage Balance

$79,007Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$230,529

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,317 /month

Positive

Cash Flow Estimate:

$439 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$275/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,207

$219,430

2025

$80,000

$139,430

$219,430

Tax History

Year

Tax Paid

Assessed Value

2024

$2,207

$219,430

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Fha

$157,102

Yes

First

Nov 13, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$140,423

$79,007

36%

64%

$942/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$942/mo

+$1,030/mo

10.8%

Learn About the Market: Opportunity in Dallas

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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.

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