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B+
NoAgentList RatingHow are grades calculated? Info

$692,000

5308 Parkland Ave, Dallas, TX, 75235

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.32 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Oven, Gas Range, Microwave, Refrigerator, Washer

Exterior

Lot Size8,776 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000211627000000
Lot Number8
SubdivisionOak Lawn Heights
Land UseResidential
Legal DescriptionOAK LAWN HEIGHTS BLK L/2327 LT 8 & PT ABND INTERURBAN INT202200146724 DD05202022 CO-DC 2327 00L 00800 2002327 00L
Census Tract000407
Assessed Land Value$300,000
Assessed Improvement Value$249,040
Assessment Year2025

About this property

Welcome to your entertainer’s paradise in the heart of Oak Lawn, nestled in the charming Oak Lawn Heights neighborhood! This fully updated, move-in ready home is packed with color, character, and designed for hosting unforgettable gatherings. The open floor plan features a spacious living and dining area, a cozy study, and a functional mudroom, all complemented by hardwood floors and thoughtfully curated finishes that give the home a warm, elevated feel. Step outside into your private backyard oasis, complete with a brand-new deck, pet-grade turf, vibrant landscaping, a sparkling semi-above ground pool, and an inviting outdoor fireplace with pergola- perfect for true outdoor living and entertaining. The two-bedroom layout includes a primary suite with double doors opening directly to the backyard, creating seamless indoor-outdoor flow, plus a flex space perfect for an at-home office. Situated in a prime Dallas location, just minutes from the Medical District, Design District, Turtle Creek, Katy Trail, Uptown, Knox Henderson, and only 1.8 miles from Highland Park Village. Located in a high-demand area ideal for Airbnb or short-term rental investment, offering both lifestyle and income potential.

Investor Tools

Property Icon
$692,000
Estimated Property Value
$615,950Estimated Mortgage Balance
$122,162Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$996/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,491
$549,040
2025
$300,000
$249,040
$549,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,491
$549,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$615,950
No
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$569,838
$122,162
17%
82%
$3,693/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$3,693/mo
$-1,993/mo
2.9%

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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5308 Parkland Ave | Property Details | No Agent List