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$805,000

NAL Estimated Property Value

5513 Willis Ave, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,647 Sq Ft
price_per_sqft$470.55 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Microwave
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size7,800 sqft

Building Information

Year Built1920
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000186514000000
SubdivisionVickery Place
Land UseResidential
Legal DescriptionVICKERY PLACE BLK 16/1929 LOT 23 INT201400330184 DD12302014 CO-DC 1929 016 02300 1001929 016
Census Tract001001
Assessment Year2025

About this property

Charming Craftsman Home in the Heart of Vickery Place – Updated, Inviting, and Full of Character. Welcome to 1920s charm with modern flair in this beautifully updated Craftsman-style home located in the vibrant and highly sought-after Vickery Place neighborhood of Dallas. This 3-bedroom, 2-bath residence offers 1,647 square feet of thoughtfully designed living space, blending classic architecture with today’s conveniences. From the moment you arrive, the curb appeal is undeniable. A large front porch invites you in. Step inside and you’ll find original woodwork, rich character, and an open floorplan that flows effortlessly. At the heart of the home is a striking double-sided gas fireplace, shared between the formal living and dining rooms, creating a warm and welcoming focal point that brings people together. Decorative lighting, wood accents, and built-in features add layers of charm. The updated kitchen is a chef’s delight, featuring granite countertops, built-in cabinets, a gas range, and a galley-style layout. The primary suite is a private retreat with its own ensuite bath that includes a jetted tub, separate shower, and dual vanities. There are two additional bedrooms, each with ceiling fans and ample natural light, offer flexibility for family, guests, or office space. Outdoor living is a highlight here, with multiple spaces designed for relaxing or entertaining year-round. Enjoy a covered front porch, a shaded rear patio, and an outdoor living center perfect for hosting friends or spending quiet evenings. The large, fenced backyard is ideal for pets, play, or gardening. Located in the heart of Dallas with easy access to Knox-Henderson, Uptown, Lower Greenville, and just minutes to Central Expressway, this home offers the perfect blend of location, lifestyle, and charm. Buyer and agent to verify all information including but not limited to measurements, schools, room sizes, zoning, property condition, and MLS data. Information is reliable but not guaranteed.

Investor Tools

Property Icon
$805,000
Estimated Property Value
$494,907Estimated Mortgage Balance
$310,093Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,830 /month
Positive
Cash Flow Estimate:
$1,610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,553
$685,000
2025
N/A
N/A
$685,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,553
$685,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Stand Alone First / Home Equity First Lien
$500,000
No
First
Oct 22, 2025
Nov 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$494,907
$310,093
38%
61%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$2,998/mo
$-568/mo
3.6%

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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