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$246,480

NAL Estimated Property Value

5740 Richmond Ave # B-112, Dallas, TX, 75206

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths948 Sq Ft
price_per_sqft$262.66 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Wine Cooler

Exterior

Lot Size18,500 sqft

Building Information

Year Built1982
Stories2
Roof Type105

Land Information

APN00C61600000B00112
Lot Number10-11
SubdivisionRichmond Place Condominiums
Land UseResidential
Legal DescriptionRICHMOND PLACE CONDOMINIUM BLK 24/1904 LTS 10 & 11 BLDG B UNIT 112 CE 6.3044% INT202400261452 DD12232024 CO-DC 1904 024 010
Census Tract001101
Assessed Land Value$69,970
Assessed Improvement Value$176,510
Assessment Year2025

About this property

Great opportunity to own an beautiful Condo just a block off of Greenville Ave and all of the restaurants and night life. Greenville Ave is the Heart of East Dallas and you will be right in the middle of it within walking distance to everything. Spacious two story layout with large rooms, a large closet and a nice private backyard! Hardwoods downstairs, Carpet Upstairs, One of a kind Front Facing Unit with a balcony and more natural light than other condos in the small community. Gated assigned parking. Location on this one can't be beat.

Investor Tools

Property Icon
$246,480
Estimated Property Value
$470,908Estimated Mortgage Balance
$246,480Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
$252/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,224
$246,480
2025
$69,970
$176,510
$246,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,224
$246,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Unknown
$241,530
No
First
Dec 23, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$470,908
N/A
0%
191%
$2,898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$3,150/mo
$-1,510/mo
8.0%

City: Dallas

5740 Richmond Ave # B-112 | Property Details | No Agent List