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$1,440,000

NAL Estimated Property Value

5656 N Central Expressway 705, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,211 Sq Ft
price_per_sqft$264.4 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3.90 acres

Building Information

Year Built2005
Stories1
Roof Type172
Garage Spaces2

Land Information

APN00C45080000000705
Lot Number1
SubdivisionM Central Residence
Land UseResidential
Legal DescriptionM CENTRAL RESIDENCES CONDO BLK A/2939 PT LT 1 ACS 3.905 UNIT 705 CE%0.97 INT202200077824 DD03172022 CO-DC 2939 000 00100
Census Tract000300
Assessed Land Value$90,750
Assessed Improvement Value$856,500
Assessment Year2025

About this property

Rare 7th Floor Spectacular downtown Dallas Views, sophisticated sleek condo combines graciously with the intimate boutique resort hotel lifestyle. Stunning floor to ceiling Open Floor plan featuring a spacious gourmet kitchen, 2 dining areas all combine with Great Room.The primary ensuite spa like bedroom is split from the other 2 bedrooms with adjoining baths and those incredible views of Dallas.Some of the wonderful owner amenities are: 24 Hr secured entrance, valet, heated pool & spa, salon Pompeo, private fitness studio, outdoor grilling area, meeting rooms with boardroom, coffee bar in the most desirable area of Dallas. Near Dart Rail, SMU, Katy Trail, Downtown Dallas, North Park, Park Cities & Lakewood

Investor Tools

Property Icon
$1,440,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,440,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,640 /month
Positive
Cash Flow Estimate:
$2,880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,322/month
$2,360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,669
$947,250
2025
$90,750
$856,500
$947,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,669
$947,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,440,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$2,360/mo
+$70/mo
2.0%

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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