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Owner Contacts

$465,000

5227 Parkland Ave, Dallas, TX, 75235

Off Market

3 Beds

2 Bath

1,545 Sq Ft

Single Family Residence

$300.97 / sqft

Built in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesElectric Range, Plumbed For Ice Maker

FlooringCeramic Tile, Wood

Exterior

Lot Size6,957 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Land Information

APN00000211726000000

Lot Number19

SubdivisionOak Lawn Heights

Land UseResidential

Legal DescriptionOAK LAWN HEIGHTS BLK N/2329 LT 19 INT202200077763 DD03092022 CO-DC 2329 00N 01900 2002329 00N

Census Tract000407

Assessed Land Value$300,000

Assessed Improvement Value$277,980

Assessment Year2025

About this property

Oak Lawn Heights original Tudor-style cottage on arguably the cutest street with tall ceilings, real hardwood floors throughout the living areas, generous living and dining room with fireplace and hearth, fully updated baths with showers! Fresh paint in the living areas, bedrooms, and baths, newly polished wood floors throughout. Nice size side door with party lights right off sliding doors in the separate dining area. Loads of potential to upgrade the fully functional kitchen with white cabinetry! Parking pad located behind the fenced gate to the backyard.

Investor Tools

$577,980

Estimated Property Value

$565,250Estimated Mortgage Balance

$56,961Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,468 /month

Positive

Cash Flow Estimate:

$1,156 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,190/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,391

$577,980

2025

$300,000

$277,980

$577,980

Tax History

Year

Tax Paid

Assessed Value

2024

$11,391

$577,980

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Willow Bend Mortgage Co

Conventional

$565,250

First

Mar 9, 2022

Apr 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$521,019

$56,961

90%

$3,389/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,140/mo

$3,389/mo

$-1,249/mo

4.4%

Learn About the Market: Opportunity in Dallas

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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.

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