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$838,000

NAL Estimated Property Value

5341 Willis Ave, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,886 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$522.27 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringSimulated Wood, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,800 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN00000187225000000
Lot Number18
SubdivisionVickery Place
Land UseResidential
Legal DescriptionVICKERY PLACE BLK 14/1938 LT 18 INT202400137609 DD07092024 CO-DC 1938 014 01800 1001938 014
Census Tract001001
Assessed Land Value$546,000
Assessed Improvement Value$269,370
Assessment Year2025

About this property

Charm abounds in this Craftsman-inspired home. Upon entering, you are greeted by a beautiful formal living room with wood burning fireplace and adjacent spacious dining room and 2nd living space. The kitchen features stainless steel appliances, subway tile and marble countertops. Upstairs are two bedrooms and a shared bathroom. The downstairs primary bedroom and bathroom includes a large soaking tub, dual vanities and large separate shower. Design details include wide wood trim, wood floors, decorative and recessed lighting and more. Enjoy quiet evenings on the oversized front porch or step into the backyard where entertaining is a breeze with multiple covered sitting areas including an large patio and separate pergola. Bonus quarters with 288 square feet can be used as an office or home gym. Within walking distance to Greenville Avenue and Knox-Henderson shops and restaurants and zoned to Geneva Heights Elementary, you don't want to miss this special home!

Investor Tools

Property Icon
$838,000
Estimated Property Value
$766,731Estimated Mortgage Balance
$71,269Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,910 /month
Positive
Cash Flow Estimate:
$1,970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,009
$815,370
2025
$546,000
$269,370
$815,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,009
$815,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$768,950
No
First
Mar 23, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$766,731
$71,269
8%
91%
$4,611/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$4,611/mo
$-2,181/mo
3.5%

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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5341 Willis Ave | Property Details | No Agent List