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$1,080,000

5615 Morningside Avenue, Dallas, TX, 75206

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths563 Sq Ft
ApartmentApartment
price_per_sqft$2.4 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringWood

Exterior

Lot Size7,800 sqft

Building Information

Year Built1930
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000205069000000
Lot Number17
SubdivisionGreenland Hills 60ft Sec
Land UseResidential
Legal DescriptionGREENLAND HILLS 60FT SEC BLK 1/2193 LT 17 INT202100030014 DD01282021 CO-DC 2193 001 01700 1002193 001
Census Tract000300
Assessed Land Value$546,000
Assessed Improvement Value$512,110
Assessment Year2025

About this property

Precious hard to find loft apartment with private entrance located in the M-Streets directly off Greenville Avenue and just across the highway from Highland Park. SMU Campus, White Rock Lake, and Downtown are just minutes away. A great apartment is hard to find in the M-Streets. Light bright and open with gorgeous refinished hardwoods throughout, butcher block countertops, SS appliances, great closet space and gorgeous bathroom with tons of natural light!! Stackable washer and dryer included. Fantastic secluded over garage apartment in a fantastic location!!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,901/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,415
$1,058,110
2025
$546,000
$512,110
$1,058,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,415
$1,058,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vip Independent Mortgage Inc
Conventional
$620,000
No
First
Jan 28, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,172,799
N/A
0%
109%
$7,436/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$7,436/mo
$-5,006/mo
2.7%

Learn About the Market: Opportunity in Dallas

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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 Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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5615 Morningside Avenue | Property Details | No Agent List