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$2,463,000

5723 W Amherst Ave, Dallas, TX, 75209

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,717 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$528.94 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler

Exterior

Exterior FeaturesBarbecue, Outdoor Grill
Lot Size7,500 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000423655000000
Lot Number6
SubdivisionIdlewild Acres
Land UseResidential
Legal DescriptionIDLEWILD ACRES BLK D/5634 LOT 6 INT202300212996 DD10172023 CO-DC 5634 00D 00600 1005634 00D
Census Tract007301
Assessed Land Value$690,000
Assessed Improvement Value$1,728,050
Assessment Year2025

About this property

Beautiful new construction 4 bedroom 4.1 bath home located in the desired Devonshire neighborhood. The kitchen is a culinary masterpiece, complete with premium features, including a wet bar with beverage fridge and ice maker. It effortlessly transitions into a luxurious den, combining comfort and style. The primary bedroom is on the first floor, featuring a deluxe primary bath designed as a true sanctuary. This spa-like oasis encompasses a free standing soaking tub, a generously sized walk-in shower, dual vanities with exquisite finishes, and tasteful fixtures. Three additional bedrooms and a game room upstairs. The spacious backyard offers room for gatherings with an attached grill, and capacity for a future pool. Conveniently located close to some of Dallas' best shopping and dining, juts minutes from the tollway and Love field.

Investor Tools

Property Icon
$2,463,000
Estimated Property Value
$2,000,000Estimated Mortgage Balance
$529,582Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,970 /month
Positive
Cash Flow Estimate:
$4,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,747/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$44,649
$2,418,050
2025
$690,000
$1,728,050
$2,418,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$44,649
$2,418,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$2,000,000
No
First
Oct 17, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,933,418
$529,582
21%
78%
$11,992/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,090/mo
$11,992/mo
$-8,902/mo
1.5%

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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5723 W Amherst Ave | Property Details | No Agent List