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$937,250

5342 Morningside Ave, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,202 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$517.71 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Washer
FlooringWood

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size7,800 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000239383000000
Lot Number11
SubdivisionGreenland Hills
Land UseResidential
Legal DescriptionGREENLAND HILLS BLK 15/2926 LT 11 INT202400254487 DD12162024 CO-DC 2926 015 01100 1002926 015
Census Tract000300
Assessed Land Value$390,000
Assessed Improvement Value$547,250
Assessment Year2025

About this property

Beautifully remodeled and enlarged in 2024 this 1977 Modern Oasis located in the M Streets was built & owned by architect, Robert Cunningham, as his personal residence. The gorgeous light filled home features clean lines, light hardwoods, walls of windows and a telescoping glass door overlooking the serene newly landscaped yard w an expansive Trec deck & a private garden with firepit & sitting area. Interior designer finishes such as stone surround on the LA woodburning fireplace, updated baths, stainless steel appliances, gas cooktop, quartz, premium stone & marble countertops through out. A 2024 new addition of a floating staircase leading to a 2nd floor Primary Suite with designer bath, custom cabinetry, 2nd utility area and 2nd living area is a perfect owner's retreat, all heated & cooled by new 3rd HVAC. The first floor features a LA, DA, Kitchen with new pantry and fridge, 2 bedrooms, 1 bath and a utility rm. 4 large trees on the property are protected by City of Dallas Tree Preservation Ordinance. Large attic space above front wing can be remodeled and added to house. A full list of the 2024 updates totaling $430K upon request. Home is minutes to the exciting Greenville Ave District and Knox Henderson area with multiple restaurants, bars and shopping. Existing Washer, Dryer and refrigerator included in sale of house. List of Improvements in Document storage.

Investor Tools

Property Icon
$937,250
Estimated Property Value
$806,500Estimated Mortgage Balance
$0Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,840 /month
Positive
Cash Flow Estimate:
$2,280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,591
$937,250
2025
$390,000
$547,250
$937,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,591
$937,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$806,500
No
First
Dec 16, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$943,160
N/A
0%
101%
$5,802/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$5,802/mo
$-3,372/mo
3.1%

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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