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$1,458,000

NAL Estimated Property Value

5616 Willis Ave, Dallas, TX, 75206

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$347.02 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,500 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000186610000000
Lot Number5
SubdivisionVickery Place
Land UseResidential
Legal DescriptionVICKERY PLACE BLK 18/1931 LOT 5 INT202400197182 DD09302024 CO-DC 1931 018 00500 1001931 018
Census Tract001001
Assessed Land Value$450,000
Assessed Improvement Value$857,780
Assessment Year2025

About this property

Nestled in the vibrant M Streets neighborhood of Dallas, 5616 Willis Ave. offers a rare blend of modern elegance and urban convenience. This meticulously designed residence embodies the charm and character for which the area is renowned, promising a lifestyle of comfort and sophistication. This wonderfully maintained house in an architecturally elegant neighborhood offers serene bedrooms with ample space and light-filled interiors with an open floor plan. Experience the best of Dallas living with nearby access to Knox-Henderson and Greenville Avenue's eclectic mix of shops, cafes, and restaurants. Stroll to nearby Glencoe Park and enjoy the convenience of nearby Whole Foods and Trader Joe's for everyday necessities. Highlights include: sitting area off of primary bedroom, Danby marble kitchen island, new lower HVAC + all new carpet installed in last approx 24 months, living room, play room and primary bedroom are wired for surround sound.

Investor Tools

Property Icon
$1,458,000
Estimated Property Value
$1,222,519Estimated Mortgage Balance
$235,481Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,748 /month
Positive
Cash Flow Estimate:
$2,916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,949/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,101
$1,307,780
2025
$450,000
$857,780
$1,307,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,101
$1,307,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$1,260,000
Yes
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,222,519
$235,481
16%
84%
$7,555/mo

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 Willis Ave | Property Details | No Agent List