$793,000
NAL Estimated Property Value5531 Willis Ave, Dallas, TX, 75206
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator
FlooringTile, Wood
Exterior
Lot Size7,800 sqft
Building Information
Year Built1923
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00000186502000000
Lot Number19
SubdivisionVickery Place
Land UseResidential
Legal DescriptionVICKERY PLACE BLK 16/1929 LT 19 INT202200275875 DD10202022 CO-DC 1929 016 01900 1001929 016
Census Tract001001
Assessed Land Value$468,000
Assessed Improvement Value$305,680
Assessment Year2025
About this property
Wonderful Vickery Place Craftsman style home completely renovated in 2019-2020. Open living, dining and kitchen with an abundance of natural light streaming through the new windows. The kitchen features all Thermador Appliances, custom cabinetry, fixtures and an island with seating. An oversized primary suite is split from other bedrooms and has an ensuite bathroom with a separate tub and shower, walk in closet and storage. Beautiful hardwood floors throughout, two car garage and pool sized backyard.
Investor Tools
$793,000
Estimated Property Value
$576,906Estimated Mortgage Balance
$216,094Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,758 /month
Positive
Cash Flow Estimate:
$1,586 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,464/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,608
$773,680
2025
$468,000
$305,680
$773,680
No
Tax History
Year
Tax Paid
Assessed Value
2024
$13,608
$773,680
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$618,000
No
First
Oct 20, 2022
Nov 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$576,906
$216,094
27%
73%
$3,706/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$3,706/mo
$-1,276/mo
3.7%
