6view

Owner Contacts

$396,000

NAL Estimated Property Value

5434 Mona Lane, Dallas, TX, 75236

Off Market

3 Beds

2 Bath

1,984 Sq Ft

$111.64 / sqft

Built in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Dryer, Plumbed For Ice Maker, Washer, Gas Water Heater

FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesStorage

Lot Size13,760 sqft

Building Information

Year Built1965

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000815977000000

Lot Number20

SubdivisionCedar Forest 2

Land UseResidential

Legal DescriptionCEDAR FOREST 2 BLK A/8590 LT 20 INT202100057370 DD02262021 CO-DC 8590 00A 02000 2DA8590 00A

Census Tract016533

Assessed Land Value$100,000

Assessed Improvement Value$225,890

Assessment Year2025

About this property

Solidly constructed, this three bedroom, two bath home on an oversized lot is a renovator's gem. Original hardwoods on the first floor underneath the carpet are waiting to be restored to their original luster. With a large bedroom downstairs and extra large bedroom upstairs, you can have your pick as to which one to make as the master. This home offers you beautiful views from the picture window in the front and a relaxing retreat in the back. Peaceful, serene, country living at it's best and conveniently located to 1-20.

Investor Tools

$396,000

Estimated Property Value

$172,643Estimated Mortgage Balance

$223,357Estimated Equity

56% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,376 /month

Positive

Cash Flow Estimate:

$792 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$565/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,805

$325,890

2025

$100,000

$225,890

$325,890

Tax History

Year

Tax Paid

Assessed Value

2024

$4,805

$325,890

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$192,000

First

Feb 26, 2021

Mar 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$172,643

$223,357

56%

44%

$1,152/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,152/mo

+$820/mo

6.0%

Learn About the Market: Opportunity in Dallas

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