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Owner Contacts

$2,089,580

NAL Estimated Property Value

5500 Purdue Avenue, Dallas, TX, 75209

Off Market

5 Beds

4 Bath

4,331 Sq Ft

$380.97 / sqft

Built in 1940

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesConvection Oven, Dishwasher, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Warming Drawer

FlooringOther, Wood

Exterior

Private Pool

Exterior FeaturesFire Pit, Rain Gutters, Outdoor Grill

Lot Size8,642 sqft

Building Information

Year Built1940

Stories2

Roof Type105

Garage Spaces1

Land Information

APN00000354625000000

Lot Number10

SubdivisionPreston Park

Land UseResidential

Legal DescriptionPRESTON PARK BLK 3/5014 BLK 3/5014 LT 10 & W 7FT LT 11 PRESTON PARK DR & W PURDUE ST INT202100213145 DD07162021 CO-DC 5014

Census Tract007301

Assessed Land Value$715,560

Assessed Improvement Value$1,374,020

Assessment Year2025

About this property

Chic home in the heart of Devonshire rebuilt in 2003 and renovated by the current owners 2015-2021. 1st floor features 10ft ceilings, light & bright formals, guest or study. Chef’s kitchen w center island & updated appliances opens to breakfast area, & a large family room w wet bar- all overlooking the outdoor living, yard and pool. 2nd floor features a spacious primary suite w dual vanities, spa bath w separate shower, & 2 walk-in closets. 2 additional spacious guestrooms upstairs. 3rd floor features an additional bedroom, & game room. Home is complete w lush turfed back yrd including a covered patio w FP, ceiling heaters & fans, outdoor grill, pool spa, & putting green. 3 HVAC Units-2015, 2018, 2019

Investor Tools

$2,089,580

Estimated Property Value

$1,519,952Estimated Mortgage Balance

$569,628Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$12,537 /month

Positive

Cash Flow Estimate:

$4,179 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,967/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$37,154

$2,089,580

2025

$715,560

$1,374,020

$2,089,580

Tax History

Year

Tax Paid

Assessed Value

2024

$37,154

$2,089,580

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Morgan Stanley Private Bank Na

Conventional

$1,674,000

First

Jul 16, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,519,952

$569,628

27%

73%

$10,037/mo

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