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Owner Contacts

$1,152,000

NAL Estimated Property Value

5413 Melrose Avenue, Dallas, TX, 75206

Off Market

4 Beds

4 Bath

2,987 Sq Ft

Single Family Residence

$300.97 / sqft

Built in 2020

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Other, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater

FlooringCarpet, Ceramic Tile, Other, Terrazzo, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Other

Lot Size3,485 sqft

Building Information

Year Built2019

Stories2

Roof Type106

Garage Spaces2

Land Information

APN00000188014000000

Lot Number27

SubdivisionVickery Place

Land UseResidential

Legal DescriptionVICKERY PLACE BLK 30/1949 W PT LT 27 ACS 0.08 INT202000077756 DD03122020 CO-DC 1949 030 02700 1001949 030

Census Tract001002

Assessed Land Value$209,100

Assessed Improvement Value$818,570

Assessment Year2025

About this property

Fresh modern architecture makes this new build by Fairmont Homes stand out from the rest.Conveniently located steps away from the best of Knox-Henderson & Lower Greenville.Rare 4 Bed 4 Bath+covered outdoor living w built-in grill+large grass backyard!High-end designer finishes include smooth drywall finish,white oak hardwoods,venetian plaster accents,expansive windows & the list goes on…AMAZING kitchen boast double islands w waterfall quartzite c-tops & built-in paneled appliances.Master retreat is just that;a retreat.Rift cut white oak dbl vanity,free standing tub,a shower for 2,and a closet for 3.Each bedrm has its own en-suite bath.If you miss this one the adjoining unit, 5415 Melrose, is available for now.

Investor Tools

$1,152,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,152,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,912 /month

Positive

Cash Flow Estimate:

$2,304 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,014/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$18,403

$1,027,670

2025

$209,100

$818,570

$1,027,670

Tax History

Year

Tax Paid

Assessed Value

2024

$18,403

$1,027,670

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,152,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,170/mo

N/A

+$3,170/mo

3.3%

Learn About the Market: Opportunity in Dallas

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