2view

Owner Contacts

$373,280

NAL Estimated Property Value

5609 Smu Boulevard 511, Dallas, TX, 75206

Off Market

2 Beds

2 Bath

1,185 Sq Ft

Condos / Townhouses

$286.08 / sqft

Built in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator

FlooringCeramic Tile

Exterior

Exterior FeaturesBalcony

Lot Size28,793 sqft

Building Information

Year Built2008

Stories3

Roof Type105

Garage Spaces2

Land Information

APN00C72140000000511

Land UseResidential

Legal DescriptionSHELBY RESIDENCES ACS 0.661 UNIT 511 CE%0.019694 INT202100371386 DD12102021 CO-DC 5187 00B 19A00 7DA5187 00B

Census Tract007914

Assessed Land Value$39,690

Assessed Improvement Value$333,590

Assessment Year2025

About this property

Stunning, modern condo in the heart of Dallas, close to 75! One of the larger corner units and on the 5th floor with 1185 square feet, a balcony with great views and more! There is a spacious family room, dining area with a West Elm chandelier, 2 bedrooms, 2 full baths and upgraded tile floors throughout. Chef's kitchen with white quartz countertops, tile backsplash, breakfast bar and stainless appliances including the fridge that will stay. Spacious bedrooms & gorgeous Quartz countertops in both bathrooms! Community room and exercise room on the second floor with access to an outdoor patio with grills, stunning Dallas views! Two parking spaces in the gated garage are included! Great location! Close to SMU!

Investor Tools

$373,280

Estimated Property Value

$0Estimated Mortgage Balance

$373,280Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,240 /month

Positive

Cash Flow Estimate:

$747 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$851/month

$368/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,343

$373,280

2025

$39,690

$333,590

$373,280

Tax History

Year

Tax Paid

Assessed Value

2024

$8,343

$373,280

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$373,280

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,930/mo

$368/mo

+$1,562/mo

6.2%

Learn About the Market: Opportunity in Dallas

Explore

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.

Explore This Area