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$899,000

NAL Estimated Property Value

5516 Richmond Avenue, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,046 Sq Ft
price_per_sqft$364.13 / sqft
Year BuiltBuilt in 1922

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesBalcony
Lot Size7,632 sqft

Building Information

Year Built1922
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000197965000000
Lot Number2
SubdivisionCaruth Place
Land UseResidential
Legal DescriptionCARUTH PLACE BLK 5/2069 LOT 2 FULL DUPLEX INT202100167442 DD06032021 CO-DC 2069 005 00200 1002069 005
Census Tract001002
Assessed Land Value$457,920
Assessed Improvement Value$324,260
Assessment Year2025

About this property

Spacious and updated Vickery Place home with large back house, perfect for mother in law suite or home office. Prime location! perfectly positioned walkability 2 blocks from Lowest Greenville and Knox Henderson. Master suite on first level, recently remodeled master bath with double sinks, modern finishes, soaking tub and full shower. Hardwood floors throughout , multiple living areas up and down, additional study, newer windows, newer AC unit, fresh exterior and interior paint and landscaping. Newer siding on back house. Recent sprinkler system added front and back. Back house upstairs 1 bedroom with bath and kitchen. Separate studio downstairs. 2 car garage with private alley access. Large 53'x167' lot.

Investor Tools

Property Icon
$899,000
Estimated Property Value
$769,772Estimated Mortgage Balance
$129,228Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,522/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,768
$782,180
2025
$457,920
$324,260
$782,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,768
$782,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Mortgage Associates Inc
Unknown
$772,000
No
First
Mar 11, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$769,772
$129,228
14%
86%
$4,629/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$4,629/mo
$-2,199/mo
3.2%

City: Dallas