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$1,488,000

NAL Estimated Property Value

5710 Velasco Avenue, Dallas, TX, 75206

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,432 Sq Ft
price_per_sqft$328.96 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Wine Cooler
FlooringCeramic Tile, Marble, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting, Outdoor Grill
Lot Size7,894 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000183625000000
Lot Number3
SubdivisionBelmont
Land UseResidential
Legal DescriptionBELMONT SUBURBAN BLK 8/1888 LT 3 INT202000009089 DD01082020 CO-DC 1888 008 00300 1001888 008
Census Tract001101
Assessed Land Value$434,170
Assessed Improvement Value$1,003,990
Assessment Year2025

About this property

Welcome home to this well-appointed classically designed Craftsman featuring a MAIN HOUSE:3,432 SF*4 Bed*3.1 Bath + GUEST QUARTERS:575 SF*Living*Bed*Bath - Total 4,007 SF!Prime location walking distance to the best of Greenville & Knox-Henderson.Pinterest worthy designer finishes & an incredible open floor plan that still maintains defined spaces.Chef’s kitchen w Kitchen-Aid appliances,inset cabinetry,butlers pantry & thoughtful pocket office & mud-room.Stunning Mstr Ste w marble bathroom.Upstairs secondary bedrms share J&J Bath + Game Room. Downstairs Guest Bed + Study that also functions great as a playroom.Guest Quarters is a perfect Airbnb option.Awesome outdoor living w built-in grill & huge grass backyard

Investor Tools

Property Icon
$1,488,000
Estimated Property Value
$810,299Estimated Mortgage Balance
$677,701Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,928 /month
Positive
Cash Flow Estimate:
$2,976 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,532/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,940
$1,438,160
2025
$434,170
$1,003,990
$1,438,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,940
$1,438,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$884,000
No
First
Dec 23, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$810,299
$677,701
45%
54%
$5,301/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,170/mo
$5,301/mo
$-2,131/mo
2.6%

City: Dallas