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Owner Contacts

$1,447,330

NAL Estimated Property Value

5711 Morningside, Dallas, TX, 75206

Off Market

8 Beds

8 Bath

4,344 Sq Ft

Apartment

$345.3 / sqft

Built in 1967

Highlights

Interior

Bedrooms 8

Bathrooms 8

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Refrigerator

FlooringLaminate, Vinyl

Exterior

Exterior FeaturesBalcony

Lot Size9,880 sqft

Building Information

Year Built1967

Stories2

Roof Type105

Land Information

APN00000202618000000

Lot Number3

SubdivisionGreenville

Land UseResidential

Legal DescriptionGREENVILLE CREST BLK 4/2149 LT 3 & 15FT 2 INT202200011339 DD01122022 CO-DC 2149 004 00300 1002149 004

Census Tract000202

Assessed Land Value$395,200

Assessed Improvement Value$1,052,130

Assessment Year2025

About this property

Rare opportunity to own 8-Unit apt building just off Greenville Ave at Morningside in the heart of the M Streets. 8 units, totaling approx. 4344 square ft of living space. Unique property is one of the very few apartment buildings in the neighborhood. Each Unit has: 1 full bedroom, 1 bath, balcony or fenced patio, 1 parking spot, central HVAC. Kitchens incl: Stove, DW & Refrigerator. Units separately metered for electricity. Laundry facility on site. Water, sewer & trash included in rents. Walk to Granada theatre, Gloria’s, Pizzeria Testa, Corner Market & DART’s Mockingbird Rail Station. Don’t miss this rare opportunity to build your portfolio in the best location in Dallas. Located in Conservation District 11

Investor Tools

$1,447,330

Estimated Property Value

$0Estimated Mortgage Balance

$1,447,330Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,000 /month

Positive

Cash Flow Estimate:

$3,000 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,285/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$32,184

$1,447,330

2025

$395,200

$1,052,130

$1,447,330

Tax History

Year

Tax Paid

Assessed Value

2024

$32,184

$1,447,330

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,447,330

100%

$0/mo

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