$176,340
NAL Estimated Property Value5111 Echo Avenue, Dallas, TX, 75215
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDryer, Gas Range, Refrigerator, Washer
FlooringCeramic Tile, Laminate
Exterior
Lot Size5,060 sqft
Building Information
Year Built1926
Stories1
Roof Type105
Land Information
APN00000219334000000
Lot Number3
SubdivisionOakland Place
Land UseResidential
Legal DescriptionOAKLAND PLACE BLK 4/2497 LOT 3 INT202100236851 DD07262021 CO-DC 2497 004 00300 1002497 004
Census Tract020800
Assessed Land Value$50,600
Assessed Improvement Value$125,740
Assessment Year2025
About this property
Beautifully remodeled 3 bed 1 bathroom home. New roof, new AC unit, and stainless steel appliances! Laminate flooring and new tiling through out. Minutes away from downtown Dallas. Nice sized front and backyard. Come and see!
Investor Tools
$176,340
Estimated Property Value
$138,013Estimated Mortgage Balance
$38,327Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,058 /month
Positive
Cash Flow Estimate:
$353 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,196
$176,340
2025
$50,600
$125,740
$176,340
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,196
$176,340
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$152,000
No
First
Jul 26, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,013
$38,327
21%
78%
$912/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$912/mo
+$1,060/mo
13.4%
