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$1,420,000

NAL Estimated Property Value

5539 Meletio Ln, Dallas, TX, 75230

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,051 Sq Ft
price_per_sqft$343.82 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator
FlooringTile, Wood

Exterior

Lot Size15,788 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000661978000000
Lot Number7
SubdivisionMelshire
Land UseResidential
Legal DescriptionMELSHIRE ESTATES 5TH INST UNIT 2 BLK 5/6995 LT 7 INT202300151366 DD07282023 CO-DC 6995 005 00700 1DA6995 005
Census Tract009604
Assessed Land Value$892,500
Assessed Improvement Value$434,360
Assessment Year2025

About this property

Back better that ever with brand new roof and all cast iron pipes replaced with PVC! This beautiful home is nestled under a canopy of mature trees. The warm and welcoming tiled deep front porch is a perfect spot for sitting and saying hello to the friendly neighbors. Enter the 5 bed 3.1 bath home to the unexpected vaulted ceilings in the living area and kitchen, hardwood floors throughout, spacious den with fireplace and room for game table for game nights, open kitchen concept, and fabulous large screened in porch. The split floor plan is ideal for guest suite or in home office on one side and additional 4 bedrooms on other. The master suite features 2 closets, double sinks, shower and tub. Additional highlights include electric security gate, storage building, plumbed outdoor gas grilling area, and located in the sought after Melshire estates area close to shopping, dining and highways for easy commute. Great home with tons of potential to make it your own. A must see!

Investor Tools

Property Icon
$1,420,000
Estimated Property Value
$704,373Estimated Mortgage Balance
$715,627Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,520 /month
Positive
Cash Flow Estimate:
$2,840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,998
$1,326,860
2025
$892,500
$434,360
$1,326,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,998
$1,326,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$726,200
No
First
Jul 28, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$704,373
$715,627
50%
50%
$4,891/mo

City: Dallas

5539 Meletio Ln | Property Details | No Agent List