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$785,000

5108 Manett St, Dallas, TX, 75206

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,662 Sq Ft
QuadruplexQuadruplex
price_per_sqft$253.06 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating GasHeating Gas
CoolingCooling

Exterior

Exterior FeaturesBalcony
Lot Size10,000 sqft

Building Information

Year Built1950
Roof Type105

Land Information

APN00000192241000000
Lot Number2
SubdivisionBon View Place
Land UseResidential
Legal DescriptionBON VIEW PLACE SW50FT LOT 2 MANETT CO-DALLAS 1992B000 002 1001992B000
Census Tract000901
Assessed Land Value$700,000
Assessed Improvement Value$78,000
Assessment Year2026

About this property

Prime 50 x 200 (10,000 SF) infill redevelopment parcel zoned MF-2(A) in highly sought-after Vickery Place, just steps from Lower Greenville, Belmont, and Henderson Avenue entertainment corridors. Exceptional opportunity for residential or multi-family builders: • Zoning: MF-2(A) Multi-Family allowing strong density. • Dimensions: 50 ft frontage by 200 ft depth with dedicated rear alley access. • Density Yield: Preliminary architectural site studies indicate potential yield for up to 7 townhome units (buyer to verify municipal approvals, parking ratios, and tree preservation). • In-Place Income + Existing Structures: Property currently features two detached duplex structures totaling 3,102 SF (4 units total). Generates strong interim cash flow ($5,600 per month potential gross) while pursuing permitting, architectural drawings, and city approvals. Three units delivered vacant for immediate inspection; one unit occupied month-to-month. Existing structures convey strictly As-Is at land value. Boundary survey and preliminary layout concepts available upon request.

Investor Tools

$140,109Estimated Mortgage Balance
$637,891Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,710 /month
Positive
Cash Flow Estimate:
$1,570 /month

Interested in this property?

Miguel Ramirez

Allie Beth Allman & Assoc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,097
$778,000
2026
$700,000
$78,000
$778,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$15,097
$778,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$175,009
No
First
Apr 3, 2017
May 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,109
$637,891
81%
18%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$1,050/mo
+$880/mo
3.0%

City: Dallas

5108 Manett St | Property Details | No Agent List