Street View

B+

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Owner Contacts

$272,900

5609 Smu Boulevard 209, Dallas, TX, 75206

Off Market

2 Beds

2 Bath

1,025 Sq Ft

Condos / Townhouses

$266.24 / sqft

Built in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Electric Range, Microwave, Vented Exhaust Fan

FlooringWood

Exterior

Exterior FeaturesBalcony, Dog Run

Lot Size28,793 sqft

Building Information

Year Built2008

Stories3

Roof Type105

Garage Spaces1

Land Information

APN00C72140000000209

Land UseResidential

Legal DescriptionSHELBY RESIDENCES ACS 0.661 UNIT 209 CE%0.017016 INT202000343633 DD12042020 CO-DC 5187 00B 19A00 7DA5187 00B

Census Tract007914

Assessed Land Value$34,300

Assessed Improvement Value$288,580

Assessment Year2025

About this property

Sit on the balcony and enjoy the warm Texas weather. This condo is conveniently located close to Mockingbird station and Katy Trailhead and numerous restaurant and shops. If you're looking for ease in living with some style, this is the place. This condo provides you with 2 bedrooms, 2 full baths. Some nice options include plantation shutters, tile wood flooring throughout, SS appliances, barn doors to master bedroom, updated light fixtures and soft close cabinetry throughout. HVAC unit was replaced Sept 2019. Amenities include a roof top terrance for your grilling needs. A fitness center and owners lounge provides you a great place to mingle with friends. Assigned parking garage parking. FRIDGE WILL CONVEY

Investor Tools

$322,880

Estimated Property Value

$0Estimated Mortgage Balance

$179,580Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,937 /month

Positive

Cash Flow Estimate:

$646 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$736/month

$318/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,216

$322,880

2025

$34,300

$288,580

$322,880

Tax History

Year

Tax Paid

Assessed Value

2024

$7,216

$322,880

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guild Mortgage Co

Conventional

$160,000

First

Dec 4, 2020

Jan 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$143,300

$179,580

55%

44%

$960/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,930/mo

$1,278/mo

+$652/mo

7.2%

Learn About the Market: Opportunity in Dallas

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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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