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$976,000

NAL Estimated Property Value

5645 Willis Avenue, Dallas, TX, 75206

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,628 Sq Ft
price_per_sqft$189.69 / sqft
Year BuiltBuilt in 1918

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Slate, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size7,800 sqft

Building Information

Year Built1918
Stories1
Roof Type105
Garage Spaces3

Land Information

APN00000186562000000
SubdivisionVickery Place
Land UseResidential
Legal DescriptionVICKERY PLACE BLK 17/1930 LT 13 WILLIS & GREENVILLE INT202000261634 DD09222020 CO-DC 1930 017 01300 1001930 017
Census Tract001001
Assessment Year2025

About this property

This charming and spacious 4 bed 3 bath craftsman style home is ready for its new owners. Extensive updates including hardwood flooring, granite countertops, and stainless steel appliances. Open floor plan with kitchen open to living room. Downstairs master bedroom features a massive walk in closet. The private oversized 4th bedroom with wet bar and balcony can serve as a flex room - could be perfect as a mother-in-law suite, play room, or study. Large front porch and wood deck with bench at back of house great for enjoying the outdoors. New roof 2016. New AC unit 2019. Huge 3 car garage with electric gate. Located in the popular Lower Greenville area, just minutes away from SMU & downtown Dallas.

Investor Tools

Property Icon
$976,000
Estimated Property Value
$417,365Estimated Mortgage Balance
$558,635Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,856 /month
Positive
Cash Flow Estimate:
$1,952 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,290/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,596
$699,340
2025
N/A
N/A
$699,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,596
$699,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$468,825
No
First
Sep 22, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$417,365
$558,635
57%
43%
$2,811/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,170/mo
$2,811/mo
+$359/mo
3.9%

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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5645 Willis Avenue | Property Details | No Agent List