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$588,000

NAL Estimated Property Value

608 W 5th St, Dallas, TX, 75208

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,798 Sq Ft
price_per_sqft$328.14 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Lot Size2,913 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00338700000050000
Lot Number5
Land UseResidential
Legal DescriptionBISHOP HEIGHTS 1 BLK 3387 LT 5 ACS 0.067 INT202400150887 DD07262024 CO-DC 3387 000 00500 4DA3387 000
Census Tract004201
Assessed Land Value$145,650
Assessed Improvement Value$403,680
Assessment Year2025

About this property

Charming Craftsman bungalow in sought after Bishop Heights neighborhood and across the street from Kidd Springs Park, and just steps away from Bishop Arts District offering unique eateries, shops, and entertainment. This open concept home features a spacious living area and kitchen with direct access to a covered patio and landscaped yard; making it a great space to entertain. Custom kitchen with ample amount of cabinets and SS appliances with a Gas range. Second floor boast a spacious Primary Bedroom with vaulted ceilings and large ensuite bathroom with dual sinks and walk in closet; then 2 additional bedrooms and a secondary bathroom. Very Energy efficient home with Solar Panels, foam insulation, and a tankless water heater. This homes location offers quick access to Downtown, also near Stevens Park Golf!

Investor Tools

Property Icon
$588,000
Estimated Property Value
$512,303Estimated Mortgage Balance
$75,697Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$975/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,760
$549,330
2025
$145,650
$403,680
$549,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,760
$549,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$517,575
Yes
First
Oct 24, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$512,303
$75,697
12%
87%
$3,104/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,554/mo
$-1,582/mo
4.0%

City: Dallas

608 W 5th St | Property Details | No Agent List