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$850,000

NAL Estimated Property Value

5969 Lewis Street, Dallas, TX, 75206

$1,105,000 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths5,010 Sq Ft
ApartmentApartment
price_per_sqft$198.6 / sqft
Year BuiltBuilt in 1986

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,250 sqft

Building Information

Year Built1986
Stories3
Roof Type105

Land Information

APN00000182707000000
Lot Number5
SubdivisionOram Homestead Addn
Land UseResidential
Legal DescriptionORAM HOMESTEAD ADDN BLK A/1878 LOT 5 INT201900315585 DD06212019 CO-DC 1878 00A 00500 1001878 00A
Census Tract001101
Assessed Land Value$435,000
Assessed Improvement Value$415,000
Assessment Year2025

About this property

Calling all investors! Fully renovated, 1986 built, Class-B asset in hot Lower Greenville area. Offered at a 16.76% IRR and tax-adjusted 5.69% Cap rate. All unit utilities are individually metered and paid by the tenants. Parking is off-street and gated. Each unit has W-D connections. Short walk to Whole Foods, many popular bars, noteworthy restaurants and boutique stores. It has a walk score of 75. One unit is currently operated as Airbnb but could have market rate lease quickly.

Investor Tools

Property Icon
$850,000
Estimated Property Value
$0Estimated Mortgage Balance
$850,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,105,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,956/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,228
$850,000
2025
$435,000
$415,000
$850,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,228
$850,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$850,000
100%
0%
$0/mo

City: Dallas

5969 Lewis Street | Property Details | No Agent List