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$290,680

5937 E University Blvd Apt 227, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,118 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$241.06 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard, Fire Pit, Rain Gutters, Outdoor Grill
Lot Size3.33 acres

Building Information

Year Built1964
Stories1
Roof Type172

Land Information

APN00C04170593700227
Lot Number1-2
SubdivisionBella Gardens Condos
Land UseResidential
Legal DescriptionBELLA GARDENS CONDOS BLK 5/5406 LOTS 1 & 2 BLDG 5937 UNIT 227 CE% 1.3 VOL2003059/4936 DD03212003 CO-DC 5406 005 001 1005406
Census Tract007913
Assessed Land Value$75,430
Assessed Improvement Value$215,250
Assessment Year2025

About this property

Discover the perfect blend of comfort and convenience in this spacious 2-bedroom, 2-bathroom corner unit located in a sought-after Mediterranean-style community Bella Gardens. Just a short walk to SMU, Central Market, and Old Towne Shopping Center, this condo offers central access to major highways, making commuting a breeze. Step inside to find an inviting open-concept living space with oversized bedrooms, each featuring walk-in closets for ample storage. The kitchen is fully equipped with stainless steel appliances, and the washer and dryer are included for your convenience. Enjoy resort style living with community amenities such as a sparkling swimming pool, outdoor grills, and serene courtyards. This unit also comes with two assigned parking spaces.

Investor Tools

Property Icon
$290,680
Estimated Property Value
$110,000Estimated Mortgage Balance
$224,416Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,744 /month
Positive
Cash Flow Estimate:
$581 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
$376/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,878
$290,680
2025
$75,430
$215,250
$290,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,878
$290,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pentagon Fcu
Conventional
$110,000
No
First
Jan 5, 2010
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,264
$224,416
77%
23%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$376/mo
+$1,554/mo
8.0%

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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5937 E University Blvd Apt 227 | Property Details | No Agent List