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$1,439,650

NAL Estimated Property Value

5806 Prospect Ave, Dallas, TX, 75206

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,472 Sq Ft
price_per_sqft$417.63 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Gas Range, Built In Refrigerator, Dishwasher, Disposal, Microwave, Plumbed For Gas, Tankless Water Heater, Vented Exhaust Fan, Water Purifier
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Grill, Rain Gutters
Lot Size7,199 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000184804000000
Lot Number2
SubdivisionRoss Ave Annex
Land UseResidential
Legal DescriptionROSS AVE ANNEX BLK 2/1906 LT 2 INT202300020128 DD02022023 CO-DC 1906 002 00200 1001906 002
Census Tract001101
Assessed Land Value$316,760
Assessed Improvement Value$1,122,890
Assessment Year2025

About this property

Stunning modern completed in 2019, designed for the entertainer and located in Lower Greenville, one of Dallas’ most sought-after areas walkable to popular restaurants, shopping & bars. Natural light, clean lines, modern finishes define the 2nd floor open living plan. Chef’s kitchen with walk-in pantry, ss appliances, 48 inch Bertazonni range, quartz counters, expansive island looking on to main living & dining areas, and its two balconies. Includes flex area currently used as bar. Private office or 4th bed with access to balcony and a full bath complete this level. First floor features primary suite with ultimate spa like bath, massive 15x10 closet attached to the utility with styler steam closet. Two secondary beds and full bath. Wet bar leads to luxury resort-style backyard oasis with pool + spa, patio, pergola with cantilever roof and outdoor grill. Attached 2 car garage w epoxy floors, EV charging. Whole house water pressure booster, filtration + softener system.

Investor Tools

Property Icon
$1,439,650
Estimated Property Value
$1,046,473Estimated Mortgage Balance
$393,177Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,390/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$33,484
$1,439,650
2025
$316,760
$1,122,890
$1,439,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$33,484
$1,439,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$1,100,000
No
First
Feb 1, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,046,473
$393,177
27%
73%
$6,075/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,170/mo
$6,075/mo
$-2,905/mo
2.6%

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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5806 Prospect Ave | Property Details | No Agent List