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$249,500

6018 E University Boulevard 101, Dallas, TX, 75206

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,290 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$193.41 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan

Exterior

Private PoolPrivate Pool
Lot Size4.29 acres

Building Information

Year Built1963
Stories1
Roof Type105

Land Information

APN00000394282100000
SubdivisionUniversity Place Condominium All
Land UseResidential
Legal DescriptionUNIVERSITY PLACE CONDOMINIUM ALL BLK 3/5406 BLDG A UNIT 101 & CE 1.227% INT202100258327 DD08262021 CO-DC 5406 003 00000
Census Tract007914
Assessed Land Value$91,780
Assessed Improvement Value$217,820
Assessment Year2025

About this property

Offered at $249,500—an outstanding investment opportunity in the well-maintained University Place Condominiums! This first-floor, 3-bedroom, 2-full-bath unit has operated successfully as a short and medium term rental for several years. The functional floor plan features several updates, with additional potential for an investor, handyman or owner-occupant to make improvements and bring it up to today’s standards. Residents enjoy a large community pool and quiet, beautifully maintained courtyard areas with BBQ grills. Ideally located near SMU, Central Market, Greenville Avenue, shopping, dining and major thoroughfares—and zoned to highly rated Mockingbird Elementary. No in-unit laundry. Buyer to verify schools, measurements, rental restrictions and condominium information.

Investor Tools

Property Icon
$309,600
Estimated Property Value
$0Estimated Mortgage Balance
$160,072Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,858 /month
Positive
Cash Flow Estimate:
$619 /month

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Blake Phillips

Blake Phillips

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$703/month
$516/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,894
$309,600
2025
$91,780
$217,820
$309,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,894
$309,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Conventional
$165,000
No
First
Aug 26, 2021
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,528
$160,072
51%
48%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$1,506/mo
+$424/mo
7.5%

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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6018 E University Boulevard 101 | Property Details | No Agent List