Street View

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$249,000

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

Off Market

1 Beds

2 Bath

948 Sq Ft

Condos / Townhouses

$262.66 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator

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

$246,480

Estimated Property Value

$241,530Estimated Mortgage Balance

$0Estimated Equity

2% 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

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

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

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

First

Dec 23, 2024

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$470,908

N/A

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%

Learn About the Market: Opportunity in Dallas

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 This Area