Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$1,768,650

NAL Estimated Property Value

5416 Tanbark Rd, Dallas, TX, 75229

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,796 Sq Ft
price_per_sqft$461.01 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size22,185 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces3

Land Information

APN00000578968000000
Lot Number12
SubdivisionRusswood Acres 4th Inst 2nd Sec
Land UseResidential
Legal DescriptionRUSSWOOD ACRES 4TH INST 2ND SEC BLK 6/6389 LOT 12 TANBARK RD PROB16-02197-3 DOD03212016 CO-DC 6389 006 01200 1006389 006
Census Tract013400
Assessed Land Value$1,200,000
Assessed Improvement Value$568,650
Assessment Year2025

About this property

Nestled on a sprawling half-acre lot in coveted Russwood Acres, this 3,796-square-foot home presents an incredible opportunity to reimagine, renovate, or build new. With its generous dimensions, prime location, and established neighborhood setting, the property offers endless possibilities for homeowners. The existing residence includes 4 bedrooms, 4 full baths, 2 fireplaces, and a 3-car garage, making it a strong foundation for a personalized redesign. Alternatively, the lot’s size and setting are perfectly suited for a luxury new construction build. This is a pier and beam foundation. Whether you’re seeking to update the current home or create a dream estate from the ground up, Montgomery Custom Homes can do both and has plans ready and can bring the vision to life—or you’re welcome to bring your own builder. Positioned in one of Dallas’s most desirable neighborhoods, this property combines the tranquility of Russwood Acres with easy access to premier schools, shopping, dining, and major thoroughfares. This is a rare chance to secure a premier lot and location in the heart of North Dallas.

Investor Tools

Property Icon
$1,768,650
Estimated Property Value
$197,370Estimated Mortgage Balance
$1,571,280Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,612 /month
Positive
Cash Flow Estimate:
$3,537 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,650
$1,768,650
2025
$1,200,000
$568,650
$1,768,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,650
$1,768,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$99,700
No
First
Oct 20, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,370
$1,571,280
88%
11%
$1,196/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,196/mo
+$1,376/mo
1.7%

Learn About the Market: Opportunity in Dallas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

5416 Tanbark Rd | Property Details | No Agent List