$254,470
NAL Estimated Property Value510 Avenue I, Dallas, TX, 75203
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesNone
Exterior
Lot Size5,616 sqft
Building Information
Year Built1941
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00000333628000000
Lot Number5
SubdivisionSkyline Heights
Land UseResidential
Legal DescriptionSKYLINE HEIGHTS REV BLK 6/4655 1/2 LT 5 INT202500009147 DD01142025 CO-DC 4655 006 00500 2004655 006
Census Tract021100
Assessed Land Value$90,000
Assessed Improvement Value$164,470
Assessment Year2025
About this property
Seller Financing Available! Recently renovated duplex with one unit featuring 2 bedroom and 1.5 bathrooms, and the other unit 1 bedroom with a full bathroom. Unit B or the in-law suite, has its own kitchen and laundry hook ups. LVP flooring and modern fixtures all throughout the entire complex, with both kitchens with appliances in place. Less than a 10 minute drive from downtown Dallas, the location is unbeatable for quick commutes. The long and gated driveway is perfect for having tenants in place without crowding the street.
Investor Tools
$254,470
Estimated Property Value
$219,682Estimated Mortgage Balance
$34,788Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,416
$254,470
2025
$90,000
$164,470
$254,470
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,416
$254,470
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Skyclover Texas Llc
Purchase Money Mortgage
$225,000
No
First
Jan 13, 2025
Feb 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,682
$34,788
13%
86%
$1,349/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,349/mo
+$623/mo
9.3%
