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Owner Contacts

$2,141,940

NAL Estimated Property Value

5833 Melshire Drive, Dallas, TX, 75230

Off Market

4 Beds

5 Bath

4,228 Sq Ft

Single Family Residence

$329.94 / sqft

Built in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Warming Drawer, Water Softener

FlooringCeramic Tile, Other, Stone, Wood

Exterior

Private Pool

Exterior FeaturesFire Pit, Rain Gutters

Building Information

Year Built2005

Stories1

Roof Type105

Garage Spaces3

Land Information

APN00000661030000000

Lot Number21

SubdivisionMelshire

Land UseResidential

Legal DescriptionMELSHIRE ESTATES BLK C/6991 LT 21 INT202100039060 DD02082021 CO-DC 6991 00C 02100 1DA6991 00C

Census Tract009604

Assessed Land Value$909,000

Assessed Improvement Value$1,232,940

Assessment Year2025

About this property

OFFER DEADLINE 11pm 1.7.21 Stunning backyard paradise with new heated diving pool AND designer interior renovations - this home has it all! Nestled on an interior, heavily treed lot in highly desirable Melshire Estates, convenient location meets exquisite finish out for a home that will not last long! Chefs kitchen with SS Viking appliances was remodeled in 2017 with white quartz and leathered granite countertops. The Master bathroom offers a stunning wall of marble, Carrera marble countertops, and a pedestal soaking tub. Other updates include hand-scraped hardwood floors throughout, designer lighting, a driveway with a double door privacy swing gate, new landscaping, and motion lights

Investor Tools

$2,141,940

Estimated Property Value

$1,003,485Estimated Mortgage Balance

$1,138,455Estimated Equity

53% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$12,852 /month

Positive

Cash Flow Estimate:

$4,284 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,522/month

$40/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$31,550

$2,141,940

2025

$909,000

$1,232,940

$2,141,940

Tax History

Year

Tax Paid

Assessed Value

2024

$31,550

$2,141,940

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$1,116,000

First

Feb 8, 2021

Mar 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,003,485

$1,138,455

53%

47%

$6,691/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$6,731/mo

$-4,159/mo

1.4%

Learn About the Market: Opportunity in Dallas

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