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$1,569,000

NAL Estimated Property Value

5624 Brookstown Dr, Dallas, TX, 75230

$1,606,216 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,550 Sq Ft
price_per_sqft$366.17 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Microwave, Vented Exhaust Fan, Washer
FlooringTile, Vinyl, Wood

Exterior

Lot Size16,766 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000576973000000
Lot Number2
SubdivisionMelshire
Land UseResidential
Legal DescriptionMELSHIRE ESTATES NO. 4 BLK 6/6380 LT 2 INT202400154783 DD07312024 CO-DC 6380 006 00200 1006380 006
Census Tract009604
Assessed Land Value$776,250
Assessed Improvement Value$501,340
Assessment Year2025

About this property

This two story Cape Cod home with circular drive has stunning curb appeal. Upon entering you have a split entry with an office and the great room with an abundance of natural light. This is the perfect space for entertaining with views of the pool & entire backyard. The dining room leads into the enlarged kitchen with large island done in 2019. The home has 3 large bedroom and 3.5 baths. Bed 3 had a full bath added in 2019. A large master suite has a sitting area located on the first floor with 2 walk-in closets and updated master bath. The flex room upstairs could be a gym, office, bed 4 or playroom. The formal living could be used as an office or could be converted into a 4th bedroom and 4 bath if need. This large backyard has a gorgeous pool, covered patio, bob fence, & rear entry with electric gate. This is a large homesite in the desirable Melshire Estates. Do not miss this unique opportunity to be centrally located to the Dallas Tollway, 635, 75, and the private school corridor.

Investor Tools

Property Icon
$1,569,000
Estimated Property Value
$930,416Estimated Mortgage Balance
$638,584Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,606,216
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,414 /month
Positive
Cash Flow Estimate:
$3,138 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,452
$1,277,590
2025
$776,250
$501,340
$1,277,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,452
$1,277,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nuwave Lending Llc
Conventional
$962,000
No
First
Jul 31, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$930,416
$638,584
40%
59%
$5,768/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$5,768/mo
$-3,796/mo
1.5%

Learn About the Market: Opportunity in Dallas

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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.

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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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