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Owner Contacts

$410,000

NAL Estimated Property Value

5617 Lindell Avenue 5, Dallas, TX, 75206

Off Market

2 Beds

3 Bath

1,235 Sq Ft

Condos / Townhouses

$275.3 / sqft

Built in 2005

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters

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

MULTIPLE OFFERS RECEIVED, best and final due Oct. 21st at 5PM. Wonderfully updated townhome-style condo with amazing Lower Greenville location, walk to restaurants & retail. This 3-story condo has a 2-car garage and private driveway. Upon entering you'll be delighted to see wood floors run throughout the property. The 2nd floor has an open concept living-dining-kitchen perfect for entertaining & half bath. The updated kitchen features white cabinets, marble countertops, and stainless-steel appliances. On the 3rd floor you'll find 2 bedrooms & 2 full baths. The primary suite features dual sinks, tub, separate shower, & walk-in closet. Also off the primary bedroom is a balcony with stairs up to the rooftop patio

Investor Tools

$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

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

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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