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Owner Contacts

$1,322,000

NAL Estimated Property Value

5031 Homer Street, Dallas, TX, 75206

Off Market

4 Beds

4 Bath

4,245 Sq Ft

Single Family Residence

$259.13 / sqft

Built in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters, Lighting

Lot Size6,795 sqft

Building Information

Year Built2007

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000193081000000

Lot Number11

SubdivisionAlcotts Fitzhugh Heights

Land UseResidential

Legal DescriptionALCOTTS FITZHUGH HEIGHTS BLK C/1998 LT 11 INT202100154825 DD05212021 CO-DC 1998 00C 01100 1001998 00C

Census Tract000901

Assessed Land Value$339,750

Assessed Improvement Value$945,520

Assessment Year2025

About this property

Welcome home to this Mediterranean home tucked in Cochran Heights, a vibrant residential neighborhood known for its diverse architecture. Walkable to fun restaurants, cool retail shops with Knox Street & the Katy Trail close. Custom home boasts Chefs kitchen including Thermador stove, steam oven & dishwasher. High end finishes including 10” baseboards, hand-scraped hardwood floors, custom curtains, motorized shades & newer HVAC. Functional floorplan with the owner’s suite on the first floor, living room bathed in sunlight & media room with wet bar. Enjoy outdoor living with refreshing salt water pool & covered patio. Plenty of space to work from home with dedicated first floor office & upstairs loft.

Investor Tools

$1,322,000

Estimated Property Value

$651,223Estimated Mortgage Balance

$670,777Estimated Equity

50% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,932 /month

Positive

Cash Flow Estimate:

$2,644 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,268/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$20,605

$1,285,270

2025

$339,750

$945,520

$1,285,270

Tax History

Year

Tax Paid

Assessed Value

2024

$20,605

$1,285,270

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Homebridge Financial Services Inc

Conventional

$720,000

First

May 21, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$651,223

$670,777

50%

49%

$4,317/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,170/mo

$4,317/mo

$-1,147/mo

2.9%

Learn About the Market: Opportunity in Dallas

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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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