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$148,760

NAL Estimated Property Value

6050 Melody Lane 346, Dallas, TX, 75231

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths885 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$111.3 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size8.07 acres

Building Information

Year Built1979
Stories1
Roof Type105

Land Information

APN00000394930900000
Land UseResidential
Legal DescriptionTEALWOOD ON THE CREEK CONDOMINUIM BLK M/5414 ACS 8.072 BLDG J UNIT 346 CE .5118% INT202200229961 DD08232022 CO-DC 5414 00M
Census Tract007819
Assessed Land Value$27,000
Assessed Improvement Value$121,760
Assessment Year2025

About this property

This beautiful two bedroom two bath unit is ready for move in. It has been totally renovated and rebuilt in 2021. Unit has all new stainless steel appliances. Unit makes excellent use of all the interior area space. Utility area is large enough to accommodate the new large size washer and dryer. Unit is next to the community pool and has the best third story view of the community. Excellent size storage unit just outside your front door. Two reserved covered parking spaces just right outside the unit. Schedule your appointment soon. This one won't be around for long.

Investor Tools

Property Icon
$148,760
Estimated Property Value
$0Estimated Mortgage Balance
$148,760Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$893 /month
Positive
Cash Flow Estimate:
$298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$260/month
$347/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,374
$148,760
2025
$27,000
$121,760
$148,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,374
$148,760

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$148,760
100%
0%
$0/mo

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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6050 Melody Lane 346 | Property Details | No Agent List