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$776,000

NAL Estimated Property Value

5907 Velasco Ave, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,520 Sq Ft
price_per_sqft$526.25 / sqft
Year BuiltBuilt in 1922

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Vented Exhaust Fan
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size8,088 sqft

Building Information

Year Built1922
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000183997000000
Lot Number23
SubdivisionBelmont
Land UseResidential
Legal DescriptionBELMONT SUBURBAN BLK 3/1893 LT 23 INT202400215959 DD10242024 CO-DC 1893 003 02300 1001893 003
Census Tract001101
Assessed Land Value$444,840
Assessed Improvement Value$277,900
Assessment Year2025

About this property

Introducing a meticulously maintained + updated Craftsman home in the highly sought-after Lower Greenville neighborhood. With stunning curb appeal and beautifully landscaped grounds, this residence features a charming covered front porch that invites you inside. The open floor plan is highlighted by freshly refinished hardwood floors and a spacious family room, dining room, newly remodeled chef’s kitchen and French doors from the office space that seamlessly connect to a generous wooden deck and grassy backyard. The primary bath has been thoughtfully updated to include a double vanity, a luxurious freestanding tub, and a custom closet for optimal organization. A gated electric driveway leads to an oversized two-car garage, ensuring convenience and security. This home is perfectly situated near Tietze Park and the vibrant amenities of Greenville Avenue, offering an exceptional blend of charm and modern living in one of Dallas's most desirable locales.

Investor Tools

Property Icon
$776,000
Estimated Property Value
$649,155Estimated Mortgage Balance
$126,845Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,799 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,311
$722,740
2025
$444,840
$277,900
$722,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,311
$722,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$668,000
No
First
Oct 24, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$649,155
$126,845
16%
84%
$4,005/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$4,005/mo
$-2,075/mo
3.0%

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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5907 Velasco Ave | Property Details | No Agent List