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$975,000

NAL Estimated Property Value

5216 Milam St, Dallas, TX, 75206

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths650 Sq Ft
ApartmentApartment
price_per_sqft$3.07 / sqft
Year BuiltBuilt in 1936

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Washer

Exterior

Lot Size8,704 sqft

Building Information

Year Built1936
Stories2
Roof Type105

Land Information

APN00000192790000000
Lot Number11-12
SubdivisionCochran Heights
Land UseResidential
Legal DescriptionCOCHRAN HEIGHTS BLK D/1997 PT LTS 11 & 12 ACS 0.200 INT202200214348 DD08042022 CO-DC 1997 000 01200 1001997 000
Census Tract000901
Assessed Land Value$435,200
Assessed Improvement Value$539,800
Assessment Year2025

About this property

Milam Terrace is a boutique apartment in the heart of Henderson. Located in quiet residential street near SMU Highland Park, Lower Greenville and Downtown. Building remodel is extensive with high end finishes throughout. Stunning kitchen with stainless steel appliances, new cabinets,counters and washer-dryer. Original heart of pine floors,exquisite tile and charming archways provide another level of elegance. A dining area with shelves is located off the kitchen with fantastic chandelier. A brand new high efficient H AC system has been installed along with ceiling fans in the main rooms. Bathroom includes gorgeous tile, frameless shower doors and high end faucets The bedroom includes a walk-in closet and lots of storage. A carport is located in the back and tenant is allocated a personal parking spot per tenant. Applicants are required to complete a rental application and authorize a credit and background check. min of 12 month lease term, no smoking, pet up to 20 lb.GRRR8 area!

Investor Tools

Property Icon
$975,000
Estimated Property Value
$0Estimated Mortgage Balance
$975,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,850 /month
Positive
Cash Flow Estimate:
$1,950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,083/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,115
$975,000
2025
$435,200
$539,800
$975,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,115
$975,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$975,000
100%
0%
$0/mo

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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5216 Milam St | Property Details | No Agent List