NoAgentList RatingHow are grades calculated?

155Days on Market

1view

$1,799,000

5908 Melshire Drive, Dallas, TX, 75230

On Market

4 Beds

5 Bath

4,169 Sq Ft

Single Family Residence

$431.52 / sqft

Built in 1958

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 4

Bathrooms Full 5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Double Oven, Vented Exhaust Fan

FlooringCarpet, Hardwood, Tile

Exterior

Private Pool

Lot Size16,209 sqft

Building Information

Year Built1958

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000661192000000

Lot Number1

SubdivisionMelshire

Land UseResidential

Legal DescriptionMELSHIRE ESTATES BLK H/6991 LT 1 MELSHIRE & JAMESTOWN DRS INT202200106760 DD04152022 CO-DC 6991 00H 00100 1DA6991 00H

Census Tract009604

Assessed Land Value$802,500

Assessed Improvement Value$745,340

Assessment Year2025

About this property

Discover this desirable residence in the heart of Melshire Estates! Featuring 4 spacious bedrooms and 2 offices, this home offers ample space for both work and relaxation. The downstairs layout includes 2 bedrooms, 2 offices, and 2 living areas, perfect for flexible use. The open dining room flows seamlessly into the modern kitchen, creating an inviting atmosphere for meals and gatherings. Upstairs offers an open loft area, ideal for a play area or additional living area. Situated on a coveted corner lot, this home boasts exceptional outdoor living spaces, complete with a sparkling pool and relaxing spa. Experience the best of comfort and style in this exceptional home.

Investor Tools

$1,078,447Estimated Mortgage Balance

$702,553Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,794 /month

Positive

Cash Flow Estimate:

$3,598 /month

Interested in this property?

Roxanne Diamond

Dave Perry Miller Real Estate

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,052/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$27,720

$1,547,840

2025

$802,500

$745,340

$1,547,840

Tax History

Year

Tax Paid

Assessed Value

2025

$27,720

$1,547,840

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Citibank Na

Conventional

$1,170,000

First

Apr 15, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,078,447

$702,553

39%

61%

$7,015/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$7,015/mo

$-4,443/mo

1.7%

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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