B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$321,000

NAL Estimated Property Value

5515 Spruce View Dr, Dallas, TX, 75232

Off Market

4 Beds

2 Bath

1,895 Sq Ft

Single Family Residence

$0.82 / sqft

Built in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven

Exterior

Lot Size7,860 sqft

Building Information

Year Built1968

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000500935000000

SubdivisionHighland Oaks 4 Inst 5

Land UseResidential

Legal DescriptionHIGHLAND OAKS 4 INST 5 BLK 18/6048 LT 13 INT202200103609 DD04072022 CO-DC 6048 018 01300 2006048 018

Census Tract011003

Assessment Year2025

About this property

Newly renovated 3 bedroom, 2 bathroom home with fresh paint, vinyl flooring, granite countertops, and updated bathroom surrounds. This home has great lighting and is conveniently located near highways and shopping.

Investor Tools

$321,000

Estimated Property Value

$115,754Estimated Mortgage Balance

$205,246Estimated Equity

63% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,926 /month

Positive

Cash Flow Estimate:

$642 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$647/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,154

$275,340

2025

N/A

$275,340

Tax History

Year

Tax Paid

Assessed Value

2024

$6,154

$275,340

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ps Funding Inc

Commercial

$125,350

First

Apr 7, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$115,754

$205,246

63%

36%

$752/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$752/mo

+$1,820/mo

9.6%

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.

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