NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$57,720

NAL Estimated Property Value

6050 Melody Lane F233, Dallas, TX, 75231

$66,788 ARV

Off Market

2 Beds

2 Bath

885 Sq Ft

Condos / Townhouses

$103.39 / sqft

Built in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Refrigerator, Electric Water Heater

FlooringCeramic Tile, Laminate, Slate

Exterior

Exterior FeaturesBalcony

Lot Size8.07 acres

Building Information

Year Built1979

Stories1

Roof Type105

Land Information

APN00000394929360000

SubdivisionTealwood

Land UseResidential

Legal DescriptionTEALWOOD-ON-THE-CREEK CONDO BLDG D UNIT 221 & 0.2628% CE 8.072 AC MELODY LN & HEMLOCK LN INT200900079777 DD03172009 CO-DC

Census Tract007819

Assessed Land Value$13,870

Assessed Improvement Value$43,850

Assessment Year2025

About this property

This beautifully remodeled condo has been updated with new stainless steel appliances, freshly painted cabinets, and refinished with beautiful wood look flooring. Each bedroom with private bath with new vanity and bathtub and shower combination. Large closets provide ample storage. Enjoy creek views and the beauty of nature from your balcony or come inside and relax in the pristine freshly painted living area. One assigned parking space and additional parking for guests throughout the community. Bonus storage located just to the left of the front door. Be sure to take advantage of the community pool too! With so much to enjoy, and priced under $100K, this condo is the deal you have been waiting for.

Investor Tools

$57,720

Estimated Property Value

$0Estimated Mortgage Balance

$57,720Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$66,788

Rent-to-Value Ratio: 0.72%

Rent Estimate

$549 /month

Positive

Cash Flow Estimate:

$183 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$117/month

$347/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,120

$57,720

2025

$13,870

$43,850

$57,720

Tax History

Year

Tax Paid

Assessed Value

2024

$1,120

$57,720

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$57,720

100%

$0/mo

Learn About the Market: Opportunity in Dallas

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 This Area