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Owner Contacts

$500,000

5023 Homer St, Dallas, TX, 75206

Off Market

2 Beds

2 Bath

1,248 Sq Ft

Single Family Residence

$400.64 / sqft

Built in 1940

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesGas Cooktop, Gas Oven, Plumbed For Ice Maker, Gas Water Heater

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesLighting, Storage

Lot Size6,795 sqft

Building Information

Year Built1940

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000193087000000

Lot Number13

SubdivisionAlcotts Fitzhugh Heights

Land UseResidential

Legal DescriptionALCOTTS FITZHUGH HEIGHTS BLK C/1998 LT 13 INT202200122604 DD04282022 CO-DC 1998 00C 01300 1001998 00C

Census Tract000901

Assessed Land Value$339,750

Assessed Improvement Value$120,550

Assessment Year2025

About this property

Rare find and your chance to own a single family home in the sought after Cochran Heights neighborhood in Dallas! 2 bed, 2 bath home also includes a 396 square foot workshop in the back next to the carport. Conveniently located just blocks away from restaurants and shopping on Knox-Henderson & Lower Greenville. Do not miss this great opportunity!! Home is adjacent to the duplex at 5025 Homer Street, same owners and available for sale now.

Investor Tools

$636,000

Estimated Property Value

$450,000Estimated Mortgage Balance

$207,856Estimated Equity

29% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,816 /month

Positive

Cash Flow Estimate:

$1,272 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,228/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,561

$460,300

2025

$339,750

$120,550

$460,300

Tax History

Year

Tax Paid

Assessed Value

2024

$11,561

$460,300

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Hoppenstein Properties Inc

Stand Alone Second / Subordinate Position

$450,000

First

Sep 12, 2023

Sep 2026

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$428,144

$207,856

32%

67%

$2,698/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,930/mo

$2,698/mo

$-768/mo

3.6%

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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