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$556,500

NAL Estimated Property Value

521 Melba St # 101, Dallas, TX, 75208

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,100 Sq Ft
price_per_sqft$264.24 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater

Exterior

Lot Size6,494 sqft

Building Information

Year Built2023
Stories3
Roof Type106
Garage Spaces2

Land Information

APN00C05210000000101
Lot Number5
Land UseSfr - Condominiums
Legal Description521 MELBA CONDOMINIUMS BLK 25/3145 LT 5 ACS 0.1491 UNIT 101 CE%20 INT202100296599 DD09222021 CO-DC 3145 025 00500 2DA3145 025
Census Tract004700
Assessed Land Value$97,410
Assessed Improvement Value$459,090
Assessment Year2025

About this property

WALKING DISTANCE TO BISHOP STREET! Enjoy all that Bishop Arts has to offer while living in one of the prettiest townhomes available! Stunning corner unit with convenient front door facing right to Melba! Sit on your 2nd floor balcony and enjoy your morning coffee! Light-filled rooms! Striking living areas with huge windows, and gorgeously appointed kitchen! All baths with statement tiles! Primary bath with garden tub for those long relaxing baths! Primary bedroom has an oversized walk-in closet, sure to please the pickiest buyer! Expansive rooftop deck with views of the city! Enjoy smart home technology, EV charger; touches not found in most homes in this price range! Preferred Lender has a credit to get your rate to 5.75%, 3% down payment and no PMI! Information provided is deemed reliable, but Buyer and Buyer's Agent are encouraged to independently verify.

Investor Tools

Property Icon
$556,500
Estimated Property Value
$0Estimated Mortgage Balance
$556,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,339 /month
Positive
Cash Flow Estimate:
$1,113 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$909/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$556,500
2025
$97,410
$459,090
$556,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$556,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$556,500
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$250/mo
+$1,722/mo
4.3%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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521 Melba St # 101 | Property Details | No Agent List