NoAgentList RatingHow are grades calculated?

1view

$565,000

5243 Richard Ave, Dallas, TX, 75206

Off Market

2 Beds

2 Bath

1,316 Sq Ft

Single Family Residence

$429.33 / sqft

Built in 1923

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Gas Range, Gas Water Heater, Refrigerator

FlooringWood

Exterior

Lot Size7,800 sqft

Building Information

Year Built1923

Stories1

Roof Type105

Garage Spaces160

Land Information

APN00000190621000000

Lot Number18

SubdivisionVickery Park

Land UseResidential

Legal DescriptionBLK 6/1973 LOT 18 INT202300170859 DD08232023 CO-DC 1973 006 01800 1001973 006

Census Tract001002

Assessed Land Value$468,000

Assessed Improvement Value$56,360

Assessment Year2025

About this property

Front porch charm in this Prairie Style One Story! Coveted location! In the midst of properties replaced with new construction sits a home with historic appeal. Hardwood floors throughout. Decorative fireplace in the living room. The updated kitchen includes granite and SS appliances, and the recently added 2nd bath in the primary bedroom has oversized modern shower. Refrigerator remains with the property. Enjoy the modern touches in a vintage property. Central heat and air, recessed lighting, large fenced back yard. The property is leased through January 31, 2024. Great investment as rental property. Tenant occupied. Tenants pay $2695 a month. Listing agent is sister of owner.

Investor Tools

$571,000

Estimated Property Value

$0Estimated Mortgage Balance

$571,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,426 /month

Positive

Cash Flow Estimate:

$1,142 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,215/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,720

$524,360

2025

$468,000

$56,360

$524,360

Tax History

Year

Tax Paid

Assessed Value

2024

$11,720

$524,360

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$571,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,930/mo

N/A

+$1,930/mo

4.1%

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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