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$4,500

5505 Richard Ave, Dallas, TX, 75206

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,574 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.86 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood, Tile, Wood

Exterior

Lot Size9,360 sqft

Building Information

Year Built1927
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000186742000000
Land UseResidential
Legal DescriptionVICKERY PLACE BLK 19/1932 LT 25 BLK 19/1932 VOL2005108/0173 DD05252005 CO-DC 1932 019 02500 1001932 019
Census Tract001001
Assessment Year2025

About this property

Available immediately and ideally located in the heart of sought-after Vickery Place, this charming Craftsman-style home offers the perfect blend of character, comfort, and convenience. Relax on the expansive covered front porch or take a short stroll to the vibrant shops, restaurants, and entertainment along Greenville Avenue and Henderson Avenue. Inside, hardwood floors and abundant natural light create a warm, inviting atmosphere throughout the spacious open-concept living and dining areas, complete with ceiling fans for added comfort. The kitchen features granite countertops, ample cabinetry, an electric cooktop, and an oven, while the sunlit breakfast nook opens through double doors to the backyard, creating an effortless indoor-outdoor flow. The thoughtfully designed floor plan includes three generously sized bedrooms, with the private primary suite offering direct access to the backyard deck. Two full bathrooms. Step outside to an oversized deck overlooking the spacious backyard, perfect for relaxing or entertaining. Additional highlights include a detached two-car garage and a utility closet. Pets will be considered on a case-by-case basis. This exceptional lease opportunity combines timeless charm with an unbeatable location just minutes from everything Lower Greenville has to offer. Refrigerator and washer + dryer are included.

Investor Tools

$101,714Estimated Mortgage Balance
$708,676Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,860 /month
Positive
Cash Flow Estimate:
$1,620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,232
$684,080
2025
N/A
N/A
$684,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$15,232
$684,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fifth Third Mortgage Co
Conventional
$152,700
No
First
Mar 5, 2012
Apr 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,714
$696,286
87%
13%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
N/A
+$2,430/mo
3.6%

Learn About the Market: Opportunity in Dallas

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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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5505 Richard Ave | Property Details | No Agent List