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$983,000

NAL Estimated Property Value

5746 Velasco Ave, Dallas, TX, 75206

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths2,110 Sq Ft
price_per_sqft$473.46 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Ice Maker, Microwave, Refrigerator
FlooringHardwood, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Permeable Paving, Private Entrance, Private Yard, Garden
Lot Size8,171 sqft

Building Information

Year Built1920
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000183649000000
Lot Number12
SubdivisionBelmont
Land UseResidential
Legal DescriptionBELMONT SUBURBAN BLK 8/1888 LT 12 INT202500138600 DD07012025 CO-DC 1888 008 01200 1001888 008
Census Tract001101
Assessed Land Value$449,410
Assessed Improvement Value$376,720
Assessment Year2025

About this property

This is the home you've been waiting for! Perfectly perched on a coveted corner lot in the Belmont Conservation District, this stunningly updated craftsman combines timeless charm with modern luxury. From the moment you arrive, the inviting curb appeal—mature trees, lush landscaping, and a classic front porch—whispers welcome home. Step inside and feel the warmth of natural light flooding a thoughtfully designed open layout. The seamless flow from the cozy living space to the elegant dining area and show-stopping kitchen makes everyday living—and entertaining—a true joy. Featuring granite countertops, custom cabinetry, and an oversized island, the kitchen is as functional as it is beautiful. Upstairs, retreat to your peaceful primary suite complete with a spa-inspired en suite bath and generous closet space. Downstairs, two additional bedrooms offer flexible space for family, guests, or your dream home office. But the real magic? Step through the French doors and into your own private paradise. A sparkling pool, expansive wood deck with a charming pergola, and landscaped side yard create an outdoor escape perfect for unforgettable gatherings—or quiet morning coffee. And there’s more—tucked above the detached garage is a private 554 sq. ft. guest quarters with a full kitchen, bathroom, and separate entrance. Ideal for extended family, an au pair, or rental income, this bonus space adds incredible value and versatility. Located in one of Dallas’s most desired neighborhoods, this rare opportunity blends historic character with modern upgrades, all in a setting that feels like home.

Investor Tools

Property Icon
$983,000
Estimated Property Value
$1,478,062Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,135
$826,130
2025
$449,410
$376,720
$826,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,135
$826,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Unknown
$750,000
No
First
Jul 1, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,478,062
N/A
0%
150%
$8,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$8,994/mo
$-6,564/mo
3.0%

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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5746 Velasco Ave | Property Details | No Agent List