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Owner Contacts

$490,240

736 Melba St, Dallas, TX, 75208

Off Market

3 Beds

2 Bath

1,736 Sq Ft

Single Family Residence

$1.96 / sqft

Built in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Washer

FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size5,865 sqft

Building Information

Year Built1930

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000258136000000

Lot Number20

SubdivisionDallas Land And Loan 3

Land UseResidential

Legal DescriptionDALLAS LAND AND LOAN 3 BLK 153/3212 LT 20 INT202400236345 DD11192024 CO-DC 3212 153 02000 2003212 153

Census Tract004700

Assessed Land Value$234,600

Assessed Improvement Value$255,640

Assessment Year2025

About this property

Beautifully restored craftsman in Dallas’ hip Bishop Arts District. Completely renovated while preserving the historic charm. Beautiful original hardwood floors. Exposed, untouched original shiplap ceiling. Custom pocket doors to an office nook. Spacious kitchen with custom cabinets and stainless steel appliances. Beautiful black granite counters with a nice size marble island. Large covered outdoor entertaining area. Walking distance to great restaurants, shopping & fun community events. Bishop Arts District is known for its diverse nightlife and chic independent fashion boutiques. Less than 5 miles to Dallas’ downtown and uptown areas and all there is to offer. Refrigerator, washer & dryer included.

Investor Tools

$490,240

Estimated Property Value

$475,000Estimated Mortgage Balance

$27,914Estimated Equity

3% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,941 /month

Positive

Cash Flow Estimate:

$980 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,102/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,771

$490,240

2025

$234,600

$255,640

$490,240

Tax History

Year

Tax Paid

Assessed Value

2024

$10,771

$490,240

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Titus38 Llc

Conventional

$475,000

First

Nov 19, 2024

Dec 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$462,326

$27,914

94%

$2,848/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,848/mo

$-876/mo

4.8%

Learn About the Market: Opportunity in Dallas

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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.

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