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$1,662,000

NAL Estimated Property Value

5514 Richmond Ave, Dallas, TX, 75206

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,874 Sq Ft
price_per_sqft$348.48 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Rain Gutters
Lot Size8,492 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000197962000000
Lot Number1
SubdivisionCaruth Place
Land UseResidential
Legal DescriptionCARUTH PLACE BLK 5/2069 LOT 1 INT202200143168 DD05182022 CO-DC 2069 005 00100 1002069 005
Census Tract001002
Assessed Land Value$509,520
Assessed Improvement Value$877,940
Assessment Year2025

About this property

OFFER DEADLINE Monday April 25th by 12 noon. Beautifully maintained 2007 family home on a treed and friendly neighborhood block of lowest Greenville. Thoughtfully designed with a highly desirable floor plan. Downstairs guest bed and bath, 4 large bedrooms, big playroom and additional office. Large, open kitchen and living looks out to oversized gated yard and 2014 built pool-spa through a wall of windows. Entertaining kitchen with large bar seating, island, double oven, butlers pantry and dry bar. Recent updates include a brand new roof, all 3 fully updated bathrooms, all new exterior paint, fence and HVAC units. Oversized Primary Suite. Fully updated master bath with double sinks, soft close cabinets,jetted tub, Riad tile, walk-in closet. 2 areas upstairs that can work as second office space. Incredible walkability to both Greenville ave and Henderson ave, parks, grocery, etc with one of the highest walk scores in Dallas. Feeds to Geneva Heights elementary.

Investor Tools

Property Icon
$1,662,000
Estimated Property Value
$1,113,864Estimated Mortgage Balance
$548,136Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,972 /month
Positive
Cash Flow Estimate:
$3,324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,792/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,195
$1,387,460
2025
$509,520
$877,940
$1,387,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,195
$1,387,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$1,204,000
No
First
May 18, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,113,864
$548,136
32%
67%
$7,219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,170/mo
$7,219/mo
$-4,049/mo
2.3%

City: Dallas

5514 Richmond Ave | Property Details | No Agent List