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NoAgentList RatingHow are grades calculated?Info

$815,000

NAL Estimated Property Value

5818 Velasco Ave, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$483.03 / sqft
Year BuiltBuilt in 1923

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven
FlooringWood

Exterior

Exterior FeaturesLighting
Lot Size7,923 sqft

Building Information

Year Built1923
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000183559000000
Lot Number5
SubdivisionBelmont
Land UseResidential
Legal DescriptionBELMONT SUBURBAN BLK 7/1887 LT 5 INT202400235424 DD11182024 CO-DC 1887 007 00500 1001887 007
Census Tract001101
Assessed Land Value$435,770
Assessed Improvement Value$334,590
Assessment Year2025

About this property

***This is a 10*** Charming. Authentic Craftsman property with an interesting history in great block of Velasco. The home has lots of windows and great light. There are 3 bedrooms and 2 baths. Beautiful Red Oak hardwoods thruout. Both baths are updated . An original clawfoot tub is in the 2nd bath. Wonderful flow for entertaining both inside and outside. Extensive landscape lighting front & back. Large patio with pergola and shade sails. Gasline for a fire pit. SMART home features include: 13 speaker Atmos Home Theater arrangement & speakers thruout house and backyard, voice activated blinds, smart lights & switches, Rachio smart irrigation and much more. Recent fence. Full sewer line replacement to the street. Front driveway and sidewalk replaced 2021. Rare oversized 2.5 car garage built 2020 with workbench, AC & 220 volt electricity, fully insulated & epoxy floor. Room for 3rd car parking in front of garage and STILL a beautiful yard and large patio, MUST SEE.

Investor Tools

Property Icon
$815,000
Estimated Property Value
$0Estimated Mortgage Balance
$815,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,890 /month
Positive
Cash Flow Estimate:
$1,630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,130/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,489
$770,360
2025
$435,770
$334,590
$770,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,489
$770,360

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$815,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
N/A
+$2,430/mo
3.6%

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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5818 Velasco Ave | Property Details | No Agent List