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$280,280

NAL Estimated Property Value

5911 E University Blvd # 5911b, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,078 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$264.38 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Tile, Varies, Wood

Exterior

Private PoolPrivate Pool
Lot Size3.33 acres

Building Information

Year Built1964
Stories1
Roof Type172

Land Information

APN00C04175911B00208
Lot Number1-2
SubdivisionBella Gardens Condos
Land UseResidential
Legal DescriptionBELLA GARDENS CONDOS BLK 5/5406 LOTS 1 & 2 BLDG 5911B UNIT 208 CE% 1.3 INT201900343576 DD12182019 CO-DC 5406 005 001 1005406
Census Tract007913
Assessed Land Value$75,430
Assessed Improvement Value$204,850
Assessment Year2025

About this property

Experience Dallas living in this second floor, 2-bedroom, 2-bathroom condo, ideally located in the highly sought after gated community of Bella Gardens. This home offers an open-concept living and dining area, bathed in natural light from expansive windows, creating a bright and welcoming space. The neutral paint tones and wood laminate flooring lend a modern, clean feel, while quartz counters and stainless appliances in the kitchen add a touch of elegance. A hallway off the main living area provides privacy, connecting the two spacious bedrooms and well-appointed bathrooms. The primary bedroom boasts direct access to a private balcony, also accessible from the living room, perfect for sipping morning coffee or getting some fresh air and sunshine. Enjoy the added convenience of a dedicated space for a stackable washer and dryer. This condo offers two assigned, covered and gated parking spaces. The community features a beautiful pool with cabanas and sitting areas. ***Seller to contribute $5000 towards buying your interest rate down OR toward the first year of HOA fees.*** Located within walking distance to Central Market and restaurants and just minutes from the vibrant nightlife of Lower Greenville and Knox Henderson, this condo offers the ideal balance of peaceful living and access to the best of Dallas. Easy access to SMU, downtown Dallas, and major freeways.

Investor Tools

Property Icon
$280,280
Estimated Property Value
$126,149Estimated Mortgage Balance
$154,131Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
$621/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,072
$280,280
2025
$75,430
$204,850
$280,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,072
$280,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$144,375
No
First
Dec 18, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,149
$154,131
54%
45%
$866/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$1,487/mo
+$443/mo
8.3%

City: Dallas

5911 E University Blvd # 5911b | Property Details | No Agent List