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$695,000

NAL Estimated Property Value

5811 Lewis St, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,069 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$218.48 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Convection Oven, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size2,175 sqft

Building Information

Year Built2002
Stories3
Roof Type105
Garage Spaces1

Land Information

APN00147500C10260000
Lot Number26
SubdivisionM Streets Townhomes Second Installment
Land UseResidential
Legal DescriptionM STREETS TOWNHOMES 2ND INST BLK C1/1475 LT 26 INT202400049503 DD01052024 CO-DC 1475 0C1 02600 3DA1475 0C1
Census Tract001101
Assessed Land Value$108,750
Assessed Improvement Value$555,130
Assessment Year2025

About this property

SELLER OFFERING 3% SELLER CONTRIBUTION to be used however buyer wants (rate buy down, closing cost assistance, etc). Unique floor plan with kitchen and living on 1st floor, tons of square footage, and attached 2-car garage. High-end commercial-grade gas stove and oven, large pantry, and a good amount of prep space. The primary bedroom has a HUGE closet, and the additional bedroom on that floor has its own office or sitting area attached. The 3rd floor has another bedroom, full bath, media room and office. Fenced areas at the front and back of the home to keep your pets safe. Walk to a selection of over 20 restaurants and bars, Whole Foods, Jimmy's, Trader Joe's. Dedicated bike lanes nearby, and the trails at White Rock Lake are approx 2 miles away. New carpet and fresh paint completed in April, 2023. High-efficiency HVAC offers super low utility costs.

Investor Tools

Property Icon
$695,000
Estimated Property Value
$608,069Estimated Mortgage Balance
$86,931Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,551/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,141
$663,880
2025
$108,750
$555,130
$663,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,141
$663,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$636,975
No
First
Nov 16, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$608,069
$86,931
12%
87%
$3,819/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$3,939/mo
$-1,509/mo
4.2%

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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5811 Lewis St | Property Details | No Agent List