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Owner Contacts

$839,900

5443 Melrose Avenue, Dallas, TX, 75206

$890,137 ARV

Off Market

3 Beds

3 Bath

3,324 Sq Ft

Single Family Residence

$252.68 / sqft

Built in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting

Lot Size3,746 sqft

Building Information

Year Built2019

Stories2

Roof Type111

Garage Spaces2

Land Information

APN00000187993000000

Lot Number20

SubdivisionVickery Place

Land UseResidential

Legal DescriptionVICKERY PLACE BLK 30/1949 PT LT 20 INT202300116543 DD06122023 CO-DC 1949 030 02000 1001949 030

Census Tract001002

Assessed Land Value$224,760

Assessed Improvement Value$897,780

Assessment Year2025

About this property

Stunning modern Single Family Attached home built by Conrad Homes. The sophisticated design and large open layout create an entertainer's dream. Gourmet kitchen with an over-sized quartz island with waterfall counters, butler pantry with wine fridge, White Oak hardwood floors, tons of natural light. 8ft sliding doors open to a large covered patio with built-in gas fireplace & private backyard. Gorgeous master suite with large walk-in shower, modern soaking tub, & plenty of closet space. Rooftop deck with covered patio to enjoy the great views, plus an outdoor fireplace. Energy-efficient 2x6 construction, complete FOAM insulation, insulated walls.

Investor Tools

$1,409,000

Estimated Property Value

$0Estimated Mortgage Balance

$340,686Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$890,136

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,454 /month

Positive

Cash Flow Estimate:

$2,818 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,678/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$25,089

$1,122,540

2025

$224,760

$897,780

$1,122,540

Tax History

Year

Tax Paid

Assessed Value

2024

$25,089

$1,122,540

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Veritex Community Bank

Conventional

$1,111,500

First

Jun 12, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,068,314

$340,686

24%

76%

$6,572/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,430/mo

$6,572/mo

$-4,142/mo

2.1%

Learn About the Market: Opportunity in Dallas

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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.

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