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Owner Contacts

$120,030

NAL Estimated Property Value

6050 Melody Lane 230, Dallas, TX, 75231

Off Market

Lease

2 Beds

2 Bath

885 Sq Ft

Condos / Townhouses

$1.12 / sqft

Built in 1979

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Refrigerator

FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesBalcony

Lot Size8.07 acres

Building Information

Year Built1979

Stories1

Roof Type105

Land Information

APN00000394930320000

SubdivisionTealwood On The Creek Condominium

Land UseResidential

Legal DescriptionTEALWOOD ON THE CREEK CONDOMINIUM BLK M/5414 ACS 8.072 BLDG H UNIT 141 CE 0/5118% INT201900062350 DD03082019 CO-DC 5414 00M

Census Tract007819

Assessed Land Value$27,000

Assessed Improvement Value$93,030

Assessment Year2025

About this property

REMODELED and AVAILABLE! Second floor unit with walk out balcony overlooking green space and creek. Freshly painted interior and updated flooring installed Oct 2020. Two bedroom condo, each with private bath with tub and shower combination. Spacious living area with cozy fire place, patio access and eat in dining area. Lovely kitchen with trendy tiled backsplash, pantry and electric oven. Storage closet off front door. Refrigerator stays. Full laundry connections inside the unit. One covered, reserved parking place included plus ample guest parking throughout the complex.

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$238/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,253

$120,030

2025

$27,000

$93,030

$120,030

Tax History

Year

Tax Paid

Assessed Value

2024

$2,253

$120,030

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Homebank Texas

Unknown

$77,600

First

Mar 8, 2019

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$66,486

$53,544

44%

55%

$466/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$466/mo

+$1,099/mo

15.6%

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