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$410,000

NAL Estimated Property Value

5617 Lindell Avenue 5, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,235 Sq Ft
price_per_sqft$331.98 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Other
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Other
Lot Size7,200 sqft

Building Information

Year Built2005
Stories3
Roof Type106
Garage Spaces2

Land Information

APN00C79300000C00005
Lot Number9
SubdivisionThe Versaille Condo
Land UseResidential
Legal DescriptionTHE VERSAILLE CONDO BLK A/677 LOT 9 BLDG C UNIT 5 CE%4.5454 INT202100364441 DD12032021 CO-DC 0677 000 00900 1DA0677 000
Census Tract001101
Assessed Land Value$19,630
Assessed Improvement Value$375,570
Assessment Year2025

About this property

Search Evan Downey Real Estate Youtube channel for walkthrough video. Wonderfully updated townhome-style condo in an exceptional location near Lower Greenville, where you can easily walk to restaurants, shops, and local retail. This three-story residence features a two-car garage and a private driveway, offering both convenience and privacy. Upon entry, you’ll immediately notice the beautiful wood flooring throughout the home. The second floor showcases an open-concept living, dining, and kitchen area, ideal for entertaining, along with a convenient half bath. The updated kitchen includes white cabinetry, quartz countertops, and stainless-steel appliances. On the third floor, you’ll find two bedrooms and two full bathrooms. The primary suite features dual sinks, a soaking tub, a separate shower, and a walk-in closet. Just off the primary bedroom is a private balcony with stairs leading up to a rooftop patio with artificial turf, perfect for relaxing or enjoying the city atmosphere.

Investor Tools

Property Icon
$410,000
Estimated Property Value
$291,488Estimated Mortgage Balance
$118,512Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$675/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,055
$395,200
2025
$19,630
$375,570
$395,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,055
$395,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$318,000
No
First
Dec 3, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,488
$118,512
28%
71%
$1,907/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$2,157/mo
$-227/mo
5.6%

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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5617 Lindell Avenue 5 | Property Details | No Agent List