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$520,000

5618 Matalee Avenue, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,638 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$317.46 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Plumbed For Ice Maker
FlooringStone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size9,044 sqft

Building Information

Year Built1939
Stories1
Roof Type105

Land Information

APN00000238699000000
Lot Number5
SubdivisionWebster & Boedekers
Land UseResidential
Legal DescriptionWEBSTER & BOEDEKERS BLK C/2907 LOT 5 INT202000057532 DD02242020 CO-DC 2907 00C 00500 1002907 00C
Census Tract000300
Assessed Land Value$452,200
Assessed Improvement Value$203,480
Assessment Year2025

About this property

Beautiful brick home in the heart of M-streets with superb walkability to Greenville ave. Beautiful kitchen updated in the last few years with new cabinets, counters, island, SS appliances and breakfast bar. Kitchen is open to living with gas fireplace and hardwood floors. 3 full bedrooms and additional gameroom-playroom up. Master bedroom has ample closet space and a large master bath with double sinks. Backyard with pool, large deck and cabana perfect for entertaining. Out building finished out with Window unit for office, guest or storage. Lot zoned for duplex rebuild so land value is high.

Investor Tools

Property Icon
$754,000
Estimated Property Value
$0Estimated Mortgage Balance
$339,706Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,524 /month
Positive
Cash Flow Estimate:
$1,508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,535/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,655
$655,680
2025
$452,200
$203,480
$655,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,655
$655,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$472,150
No
First
Feb 24, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,294
$339,706
45%
55%
$2,831/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$2,831/mo
$-901/mo
3.1%

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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