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$985,000

NAL Estimated Property Value

5535 Richmond Ave, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,263 Sq Ft
price_per_sqft$435.26 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Gas Range, Dishwasher, Electric Oven, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Marble, Wood

Exterior

Exterior FeaturesLighting, Rain Gutters
Lot Size7,632 sqft

Building Information

Year Built1926
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000197944000000
Lot Number14
SubdivisionCaruth Place
Land UseResidential
Legal DescriptionCARUTH PLACE BLK 4/2068 LOT 14 INT202300233305 DD11142023 CO-DC 2068 004 01400 1002068 004
Census Tract001002
Assessed Land Value$457,920
Assessed Improvement Value$438,430
Assessment Year2025

About this property

Welcome Home to this Stunning Lower Greenville home impeccably Remodeled to the studs in 2015. Everything You Want on One Level. The Perfect Blend of High-End Updates and Original Charm. Roof, Electrical, HVAC, All Plumbing, Windows, Tankless HWH, and Fence have all been updated. Spacious, sunlit Living, Dining and Kitchen with Hardwood floors throughout, an Inviting Fireplace and 10 ft Ceilings. Your Dream Chef's Kitchen Awaits - Featuring a Breakfast Bar with barstool seating, center Island, Farm Sink, and Top-of-the-Line Stainless Steel Appliances. The Luxurious Master Suite Boasts 2 Walk-In his and her closets and a Spa-Like Bath. Two More generously sized bedrooms ensure Comfort for All. With a recently built 2-Car Garage, Auto Gate, Full Sprinkler System, and a Serene Stone Patio, This home has it all. With unbeatable Walkability this home is minutes from restaurants, shopping, coffee, Trader Joes & entertainment on Greenville & Knox.

Investor Tools

Property Icon
$985,000
Estimated Property Value
$410,487Estimated Mortgage Balance
$574,513Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,910 /month
Positive
Cash Flow Estimate:
$1,970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,737/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,924
$896,350
2025
$457,920
$438,430
$896,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,924
$896,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$430,000
No
First
Nov 14, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$410,487
$574,513
58%
42%
$2,579/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$2,579/mo
$-149/mo
3.0%

City: Dallas

5535 Richmond Ave | Property Details | No Agent List