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$982,000

NAL Estimated Property Value

5616 Gaston Ave, Dallas, TX, 75214

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,942 Sq Ft
price_per_sqft$407.89 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave
FlooringCeramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Lighting
Lot Size12,775 sqft

Building Information

Year Built1925
Roof Type105
Garage Spaces1

Land Information

APN00000181882000000
Lot Number18
SubdivisionMunger Place 2
Land UseResidential
Legal DescriptionMUNGER PLACE 2 BLK 3/1865 PT LOT 18 INT202500091127 DD04302025 CO-DC 1865 003 01800 1001865 003
Census Tract001400
Assessed Land Value$255,500
Assessed Improvement Value$453,340
Assessment Year2025

About this property

Discover timeless elegance in this restored 1925 home in prestigious Munger Place, blending classic charm with modern luxury. This iconic property features lush landscaping, mature trees, and a well-manicured lawn on a spacious corner lot, complete with a backyard pool oasis! With original hardwood floors flowing throughout and beautiful custom historic features in every room. The foyer boasts a striking chandelier, graceful staircase with balusters and wood accents. Light-filled living areas with wainscoting and tall windows create an airy flow. The gourmet eat-in kitchen is a cooks dream offering custom cabinetry, stunning backsplash, pot filler and high end appliances. The living area features a marble fireplace with an additional sitting area full of natural light and a home office. While the large formal dining room dazzles with a high gloss ceiling and crystal chandelier. The master suite includes plenty of windows, ceiling fans, and a luxurious ensuite with dual vanities, air jet tub, and oversized 9-jet shower with heated floors. The grand master closet with custom shelving is a fashionista’s dream. A balcony outside the master overlooks the resort-style backyard with a pool, spa, app-driven controls, patio, fire pit, and garden. Additional bedrooms offer historic details, spacious closets and original hardwood floors. The fully renovated pool house has a full kitchen, bathroom, and a second laundry room! This versatile space can be an additional entertainment area, MIL suite or an efficiency apartment, which adds considerable value to this very special property. Other amenities include a basement, two-car garage, storage shed, electrical gates, Leaf whole home water filtration system, two water heaters replaced in 2025 and both HVAC units replaced, inside and out, in February 2025. Near downtown Dallas, Lakewood and White Rock Lake, dining, shopping, parks, landmarks, and events are incredibly close to enjoy year round! Schedule your showing today!

Investor Tools

Property Icon
$982,000
Estimated Property Value
$0Estimated Mortgage Balance
$982,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,617
$708,840
2025
$255,500
$453,340
$708,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,617
$708,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$982,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
N/A
+$2,880/mo
3.5%

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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5616 Gaston Ave | Property Details | No Agent List