B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$439,900

5606 Morningside Avenue, Dallas, TX, 75206

Off Market

3 Beds

1 Bath

1,561 Sq Ft

Single Family Residence

$281.81 / sqft

Built in 1927

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator

FlooringCeramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size7,800 sqft

Building Information

Year Built1927

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000205084000000

Lot Number2

SubdivisionGreenland Hills 60ft Sec

Land UseResidential

Legal DescriptionGREENLAND HILLS 60FT SEC BLK 2/2194 LT 2 INT201900144132 DD06032019 CO-DC 2194 002 00200 1002194 002

Census Tract000300

Assessed Land Value$546,000

Assessed Improvement Value$212,780

Assessment Year2025

About this property

Rare opportunity to own this wonderful Tudor home located in the heart of the sought after Greenland Hills addition in East Dallas. The home has been in the same family for several generations and still retains all its original architecture and charm. The home's floor plan is versatile with the third bedroom easy being used a study or second living area off the living room. Located in the Mockingbird School District and minutes from Downtown Dallas, SMU, the Katy Trail and White Rock Lake. Bring your ideas to make this your dream home. Property being sold as-is! No survey available, the buyer with have to purchase a new survey.

Investor Tools

$870,000

Estimated Property Value

$0Estimated Mortgage Balance

$536,605Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,220 /month

Positive

Cash Flow Estimate:

$1,740 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,245/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,586

$758,780

2025

$546,000

$212,780

$758,780

Tax History

Year

Tax Paid

Assessed Value

2024

$10,586

$758,780

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amerisave Mortgage Corp

Conventional

$363,040

First

Jan 12, 2022

Feb 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$333,395

$536,605

61%

38%

$2,177/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,430/mo

$2,177/mo

+$253/mo

3.4%

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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