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Owner Contacts

$585,570

NAL Estimated Property Value

5909 Luther Ln # A-903, Dallas, TX, 75225

Off Market

2 Beds

2 Bath

1,411 Sq Ft

Condos / Townhouses

$311.48 / 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, Convection Oven, Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Electric Range, Ice Maker, Microwave

FlooringCarpet, Marble, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Dog Run

Lot Size1.52 acres

Building Information

Year Built1983

Roof Type172

Garage Spaces2

Land Information

APN00C67770000A00903

Lot Number10A,9A

SubdivisionThe Shelton Condominiums

Land UseResidential

Legal DescriptionTHE SHELTON CONDO BL2/5625 LT9A,10A,11,12 AC 1.5152 BLDG A UNIT 903 CE 0.72% INT202400078237 DD04182024 CO-DC 5625 002 09A00

Census Tract007301

Assessed Land Value$71,280

Assessed Improvement Value$514,290

Assessment Year2025

About this property

Living well, above it all in Dallas! Luxurious high rise living at The Shelton offering 23 floors of unparalleled style and elegance. Your world will revolve around some of Dallas' finest dining, shopping and retail destinations, all within walking distance. The Shelton lies within prestigious Highland Park ISD. 2 bedroom, 2 bath condo includes spacious terrace with gorgeous views of downtown Dallas. Updated lighting fixtures, hardwoods, marble bath. Two assigned parking spaces. Additional assigned storage room in the garage. 24.7 security and concierge services, full service valet, 7th floor oasis with fitness center, heated pool & hot tub, shuffle board, poolside cabanas, rain shower, and putting green.

Investor Tools

$585,570

Estimated Property Value

$0Estimated Mortgage Balance

$585,570Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,513 /month

Positive

Cash Flow Estimate:

$1,171 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,197/month

$988/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,434

$585,570

2025

$71,280

$514,290

$585,570

Tax History

Year

Tax Paid

Assessed Value

2024

$11,434

$585,570

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$585,570

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,350/mo

$988/mo

+$1,362/mo

4.8%

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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