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Owner Contacts

$807,000

NAL Estimated Property Value

5948 Encore Drive, Dallas, TX, 75240

Off Market

3 Beds

3 Bath

2,503 Sq Ft

$189.77 / sqft

Built in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard

Lot Size6,526 sqft

Building Information

Year Built1983

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00741500010450000

SubdivisionThe En'core

Land UseResidential

Legal DescriptionTHE EN'CORE BLK 1/7415 LOT 45 INT202100203714 DD06302021 CO-DC 7415 001 04500 3DA7415 001

Census Tract013615

Assessment Year2025

About this property

Welcome to the highly desired Encore community. This ready to move in well appointed single story features hardwood floors, French doors, custom cabinets, granite countertops, gas cooktop, crown molding, box and beams in several rooms, decorative light fixtures, designer paint, frameless shower, upgraded carpet, private courtyard, and a fenced backyard. HVAC system was completely replaced in October 2018 and a new hot water heater was installed Jan of 2021.

Investor Tools

$807,000

Estimated Property Value

$258,276Estimated Mortgage Balance

$548,724Estimated Equity

67% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,842 /month

Positive

Cash Flow Estimate:

$1,614 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,303/month

$400/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,606

$519,260

2025

N/A

$519,260

Tax History

Year

Tax Paid

Assessed Value

2024

$11,606

$519,260

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Highlands Residential Mortgage Ltd

Conventional

$285,000

First

Jun 30, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$258,276

$548,724

67%

32%

$1,709/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,109/mo

$-137/mo

2.9%

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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