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$72,000

6050 Melody Ln Apt 341, Dallas, TX, 75231

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths885 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$81.36 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Refrigerator
FlooringVinyl

Exterior

Lot Size8.07 acres

Building Information

Year Built1979
Stories1
Roof Type105

Land Information

APN00000394930480000
SubdivisionTealwood On The Creek Condominium
Land UseResidential
Legal DescriptionTEALWOOD ON THE CREEK CONDOMINIUM BLK M/5414 ACS 8.072 BLDG H UNIT 341 0.5118% CE INT202300157849 DD08042023 CO-DC 5414 00M
Census Tract007819
Assessment Year2025

About this property

Updated 2 bedroom, 2 bath condo. Fresh granite in Kitchen and baths including wood laminate flooring thru out the condo. Large living room with wood burning fireplace and views of the creek and covered back patio to enjoy nature. Unit includes 2 parking spots near Building H.

Investor Tools

Property Icon
$112,270
Estimated Property Value
$0Estimated Mortgage Balance
$112,270Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$674 /month
Positive
Cash Flow Estimate:
$225 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,387
$112,270
2025
N/A
N/A
$112,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,387
$112,270

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$112,270
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$315/mo
+$1,250/mo
16.7%

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 Ln Apt 341 | Property Details | No Agent List