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$834,900

5449 Melrose Avenue, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,862 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$291.72 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Water Purifier, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
FlooringWood, Other

Exterior

Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Lighting
Lot Size3,769 sqft

Building Information

Year Built2017
Stories2
Roof Type106
Garage Spaces2

Land Information

APN00194900300190000
Lot Number19
Land UseResidential
Legal DescriptionVICKERY PLACE BLK 30/1949 E PT LT 19 INT201900125086 DD05132019 CO-DC 1949 030 01900 3DA1949 030
Census Tract001002
Assessed Land Value$226,140
Assessed Improvement Value$788,810
Assessment Year2025

About this property

This move-in ready modern masterpiece resides in desirable Vickery Place on a quiet street. Walkable to the best dining and shopping. Constructed 2018 and lightly lived in, all the work has been done for you including window treatments, security, alarm and cameras. A spectacular 10’, double waterfall island is the focal point of this chef’s kitchen. Oversized living space and ultra-high ceilings give way to the lush patio and yard through sliding doors. Second floor is encompassed by spacious dual master suites w-luxurious baths, soaking tubs and walk in closets. The show stopper awaits on the rooftop deck. 1500 sq ft of prime entertaining space, inviting fireplace, covered patio and unbeatable downtown views.

Investor Tools

Property Icon
$1,104,000
Estimated Property Value
$0Estimated Mortgage Balance
$584,706Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,624 /month
Positive
Cash Flow Estimate:
$2,208 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,684
$1,014,950
2025
$226,140
$788,810
$1,014,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,684
$1,014,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Arm (Adjustable Rate Mortgage)
$600,000
No
First
May 13, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$519,294
$584,706
52%
47%
$2,952/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$2,952/mo
$-522/mo
2.6%

Learn About the Market: Opportunity in Dallas

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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

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5449 Melrose Avenue | Property Details | No Agent List