$420,000
NAL Estimated Property Value5328 Parkland Avenue, Dallas, TX, 75235
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh Equity
Highlights
Interior
AppliancesOther
FlooringCeramic Tile, Laminate, Wood
Exterior
Lot Size8,660 sqft
Building Information
Year Built1945
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00000211639000000
Lot Number12
SubdivisionOak Lawn Heights
Land UseResidential
Legal DescriptionOAK LAWN HEIGHTS BLK L/2327 LT 12 PARKLAND AND HUDNALL INT202000204137 DD07282020 CO-DC 2327 00L 01200 2DA2327 00L
Census Tract000407
Assessed Land Value$300,000
Assessed Improvement Value$93,690
Assessment Year2025
About this property
Location! Location! Location! Redevelopment going on every where near this home located in a neighborhood just minutes from the Medical District, Love Field, Downtown Dallas, and the vibrant nightlife of Oak Lawn, Uptown, and Victory Park.. Improvements include foundation work, new sewer line in front, new hot water heater, new outside AC unit and expansive brand new wood deck overlooking a large back yard. Storm shelter in back yard. Bring your ideas and finish this one out your way. This is a Fannie Mae Homepath Property.
Investor Tools
$420,000
Estimated Property Value
$113,279Estimated Mortgage Balance
$306,721Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$822/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,758
$393,690
2025
$300,000
$93,690
$393,690
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,758
$393,690
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Metlife Bank Na
Credit Line (Revolving) / Heloc
$171,715
No
First
Jan 11, 2008
Feb 2038
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,279
$306,721
73%
27%
$1,174/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,174/mo
+$526/mo
4.9%
