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$260,000

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

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,196 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$217.39 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesLighting, Private Yard
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

FANTASTIC location roughly half of a mile from Hwy 75, close to numerous restaurants and stores, and minutes from Mockingbird Station, lower Greenville and the SMU campus! This very well maintained, first floor, corner unit has 2 outdoor patio spaces. 2 master suites plus a bonus room that can be used as an office, play room or hobby room. 1 completely renovated bathroom with new vanity, countertops, shower tile, commode, rainfall showerhead & flooring; 2nd bathroom updated with new vanity, commode, mirror & lights. Bedrooms have large closets with plenty of shelf space & storage; wood flooring throughout; updated interior doors; several windows & sliding glass door recently replaced. Come see this great condo!

Investor Tools

Property Icon
$280,280
Estimated Property Value
$144,375Estimated Mortgage Balance
$154,131Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,682 /month
Positive
Cash Flow Estimate:
$561 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
$290/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
$1,156/mo
+$774/mo
8.3%

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