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Owner Contacts

$629,000

NAL Estimated Property Value

5807 Palm Ln, Dallas, TX, 75206

Off Market

2 Beds

2 Bath

1,215 Sq Ft

$432.1 / sqft

Built in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Water Heater, Gas Range, Microwave, Vented Exhaust Fan

FlooringTile, Wood

Exterior

Lot Size6,724 sqft

Building Information

Year Built1948

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000344986000000

Lot Number17

SubdivisionNorth Stonewall Terrace

Land UseResidential

Legal DescriptionNORTH STONEWALL TERRACE BLK 12/4880 LOT 17 INT202300077372 DD04202023 CO-DC 4880 012 01700 1004880 012

Census Tract000202

Assessed Land Value$336,200

Assessed Improvement Value$193,390

Assessment Year2025

About this property

Light, bright, and open best describes this updated east Dallas home, located just north of the M Streets. Wood floors flow throughout giving the home a spacious feel. The kitchen centers around a large island, perfect for morning coffee. Two bedrooms, each with their own bath makes this a versatile floorplan. The large backyard is a great place to relax and enjoy beautiful spring weather. Close to SMU, Greenville Ave and all it has to offer but tucked away on a cul-de-sac street adding to the serenity. You will love calling this home.

Investor Tools

$629,000

Estimated Property Value

$396,213Estimated Mortgage Balance

$232,787Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,774 /month

Positive

Cash Flow Estimate:

$1,258 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,244/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,780

$529,590

2025

$336,200

$193,390

$529,590

Tax History

Year

Tax Paid

Assessed Value

2024

$11,780

$529,590

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Midfirst Bank

Conventional

$420,000

First

Apr 20, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$396,213

$232,787

37%

63%

$2,519/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,930/mo

$2,519/mo

$-589/mo

3.7%

Learn About the Market: Opportunity in Dallas

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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.

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