$1,119,000
NAL Estimated Property Value5431 Melrose Ave, Dallas, TX, 75206
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Ice Maker, Microwave, Convection Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Wood
Exterior
Exterior FeaturesBalcony, Lighting
Lot Size3,485 sqft
Building Information
Year Built2018
Stories2
Roof Type106
Garage Spaces2
Land Information
APN00000188002000000
Lot Number23
SubdivisionVickery Place
Land UseResidential
Legal DescriptionVICKERY PLACE BLK 30/1949 PT LT 23 INT201900330937 DD12052019 CO-DC 1949 030 02300 1001949 030
Census Tract001002
Assessed Land Value$209,100
Assessed Improvement Value$756,140
Assessment Year2025
About this property
New Construction SFA Modern on very quiet street yet walk-able to great dining, entertaining & shopping. Simple & Elegant design with clean lines and high quality materials throughout. Highly energy efficient home with foam insulation. Open concept living extended sight lines to large back yard. Master bedroom with balcony, 2 other beds & game room (or office) with balcony on 2nd floor. Beautiful rooftop deck, great entertaining space, with views of Downtown Dallas.
Investor Tools
$1,119,000
Estimated Property Value
$495,642Estimated Mortgage Balance
$623,358Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,714 /month
Positive
Cash Flow Estimate:
$2,238 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,933/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,596
$965,240
2025
$209,100
$756,140
$965,240
No
Tax History
Year
Tax Paid
Assessed Value
2024
$17,596
$965,240
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$500,000
No
First
Nov 13, 2025
Dec 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,642
$623,358
55%
44%
$2,998/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$2,998/mo
$-568/mo
2.6%
