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Days40Days on Market
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$2,295,000

5514/5516 Matalee Avenue, Dallas, TX, 75206

On MarketInfo
Beds6 Beds
Baths8 Bath
Baths5,966 Sq Ft
price_per_sqft$384.68 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting, Private Yard
Lot Size9,003 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000239059000000
Lot Number16
SubdivisionInterurban Hill
Land UseResidential
Legal DescriptionINTERURBAN HILL BLK M/2918 LT 16 ACS 0.2047 165 FR MCMILLAN INT202500102932 DD05162025 CO-DC 2918 00M 01600 1002918 00M
Census Tract000300
Assessed Land Value$450,150
Assessed Improvement Value$155,470
Assessment Year2025

About this property

Exceptional opportunity to own a newly constructed duplex in one of East Dallas' most desirable locations. Thoughtfully designed with clean architectural lines, warm contemporary finishes, and quality craftsmanship throughout, this property features two identical 3-bedroom, 3.1-bath residences, each offering an open-concept floor plan with stylish, functional living spaces. The inviting living areas are anchored by sleek fireplaces with custom built-ins and flow seamlessly into designer kitchens featuring custom cabinetry, waterfall islands with seating, stainless steel appliances, generous storage, and modern finishes. Each unit also includes a dedicated home office, providing added flexibility for today's lifestyle. The spacious primary suites offer spa-inspired baths with freestanding soaking tubs, oversized walk-in showers, and generous walk-in closets with built-in organization, while the two additional bedrooms each feature their own en-suite bath for added privacy and convenience. Covered patios overlook private fenced backyards, creating comfortable outdoor living spaces for each residence. Designer lighting, premium fixtures, and carefully selected finishes elevate both homes, offering a turnkey opportunity for investors or owner-occupants seeking rental income. Live in one unit and lease the other, or maximize investment potential by leasing both residences. Ideally located just minutes from Lower Greenville, Knox-Henderson, White Rock Lake, Downtown Dallas, and some of Dallas' best dining, shopping, and entertainment, this exceptional property combines modern design, low-maintenance living, and outstanding income-producing potential in one of the city's most sought-after neighborhoods.

Investor Tools

$0Estimated Mortgage Balance
$638,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,770 /month
Positive
Cash Flow Estimate:
$4,590 /month

Interested in this property?

Scott Jackson

Dave Perry Miller Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,549
$605,620
2025
$450,150
$155,470
$605,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,549
$605,620

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$638,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
N/A
+$2,430/mo
4.6%

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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5514/5516 Matalee Avenue | Property Details | No Agent List