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$541,000

NAL Estimated Property Value

5947 Ross Avenue 1, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,798 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$291.99 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Convection Oven, Refrigerator
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size13,673 sqft

Building Information

Year Built2016
Stories3
Roof Type106
Garage Spaces2

Land Information

APN00C62560000000001
Lot Number2
Land UseResidential
Legal Description5943 ROSS CONDOMINIUM BLK B/1877 LT 2 ACS 0.3139 UNIT 1 CE%16.67 INT202100059268 DD02242021 CO-DC 1877 000 01200 1DA1877 000
Census Tract001101
Assessed Land Value$113,960
Assessed Improvement Value$400,680
Assessment Year2025

About this property

Rare stand-alone condominium in East Dallas!! Built in 2016, property enjoys a large fenced, shaded, wrap-around yard with covered patio, perfect for grilling out. Interior complete with hardwood oak flooring, museum finished walls, steel staircase railing, and tall glass windows through-out. Property upgraded with premium, remote-controlled Hunter-Douglas electric blinds. Modern kitchen hosts quartz counters, custom cabinetry, and SS appliances. Third-floor master suite includes a designer bath, extra-large shower, and custom closets. Extra-large garage with storage. Property two blocks from Lower Greenville.

Investor Tools

Property Icon
$541,000
Estimated Property Value
$386,996Estimated Mortgage Balance
$154,004Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,246 /month
Positive
Cash Flow Estimate:
$1,082 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$952/month
$266/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,718
$514,640
2025
$113,960
$400,680
$514,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,718
$514,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$430,387
No
First
Feb 24, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$386,996
$154,004
28%
72%
$2,581/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$2,847/mo
$-917/mo
4.3%

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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5947 Ross Avenue 1 | Property Details | No Agent List