1view

Owner Contacts

$639,730

NAL Estimated Property Value

5909 Luther Lane 1403, Dallas, TX, 75225

Off Market

2 Beds

2 Bath

1,406 Sq Ft

$316.5 / sqft

Built in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Ice Maker, Microwave

FlooringCarpet, Stone, Wood

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size1.52 acres

Building Information

Year Built1983

Roof Type172

Garage Spaces2

Land Information

APN00C67770000A01403

Lot Number9A

SubdivisionThe Shelton Condominiums

Land UseResidential

Legal DescriptionTHE SHELTON CONDO BL2/5625 LT9A,10A,11,12 AC 1.5152 BLDG A UNIT 1403 CE 0.72% INT202000300835 DD10282020 CO-DC 5625 002 09A00

Census Tract007301

Assessment Year2025

About this property

South-facing condo with DOWNTOWN & SUNSET views, extra closet space, fireplace and over-sized shower! 2 reserved parking spaces & large storage unit conveniently located on the first level of the parking garage. Luxury hi-rise living at it's finest with sunset views from the outdoor pool area with cabanas, covered entertainment area with grill, putting green, shuffle board and all while enjoying expansive westerly views. Adjacent to the pool area is a beautifully appointed clubroom & fitness area. 24-7 front desk staff & valet included. Premier location in HPISD. Walking distance to numerous restaurants, shops, pharmacy, banking, and adjacent Park Cities Hilton Hotel across the street for guests!

Investor Tools

$639,730

Estimated Property Value

$0Estimated Mortgage Balance

$639,730Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,838 /month

Positive

Cash Flow Estimate:

$1,279 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$916/month

$914/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,792

$639,730

2025

N/A

$639,730

Tax History

Year

Tax Paid

Assessed Value

2024

$7,792

$639,730

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$639,730

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,350/mo

$914/mo

+$1,436/mo

4.4%

Learn About the Market: Opportunity in Dallas

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 This Area