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$1,390,000

5243 Willis Ave, Dallas, TX, 75206

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,814 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$364.45 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Some Commercial Grade, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwnings, Lighting, Rain Gutters
Lot Size7,800 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APN00000190474000000
Lot Number18
SubdivisionVickery Park
Land UseResidential
Legal DescriptionVICKERY PARK BLK 3/1972 LT 18 INT20160062643 DD03072016 CO-DC 1972 003 01800 1001972 003
Census Tract001001
Assessed Land Value$546,000
Assessed Improvement Value$775,650
Assessment Year2026

About this property

Vickery Place is the address people move to Dallas for and never leave. Historic, tree lined, and one of the most walkable neighborhoods in the city. Henderson Avenue is around the corner, and you walk it: Tei Tei, Old Monk, Charlotte Bistro, Prince Street Pizza, Pie Tap. Lower Greenville sits a few blocks the other direction. Downtown and Uptown, a short drive. A quiet residential street with the whole city at the end of it. Now the part that matters: the builder built this house for himself. Nothing was value engineered & nothing was skipped, and it shows in the places most builders cut. 3,814 square feet. Three bedrooms. Three full baths and a half. Primary down. The rest of the bedrooms take the second floor. Right of the entry, the office: wrapped in wood paneling with its own fireplace. Past it, the dining room finished in Venetian plaster. Then the room opens overhead. Vaulted wood with exposed beams overhead. A statement chandelier. A fireplace holding the center. French doors run the back wall and frame the pool and the covered pavilion beyond. Indoors and out become one space. The kitchen answers. A massive island with bar seating. A commercial gas range. A mudroom off the garage, where the day gets left. The primary suite takes the back of the house and opens straight to the pool. Dual sinks. A soaking tub. A separate walk in shower. A closet the size of a bedroom, and that is not a figure of speech. Up the stairs, the house spreads out for everyone else. A second living-game room space at the top of the stairs. Two guest bedrooms, two full baths. A media room, dark & dialed in, built for the game at full volume. Then the backyard, & the backyard is where this one lands. A pool that carries the summer. A cedar clad pavilion beside it, vaulted, with a fireplace that carries the rest of the year. The outdoor room every buyer asks for and almost nobody finds already built. 5243 Willis, A builder built it for himself. It's been cared for like it ever since.

Investor Tools

$524,349Estimated Mortgage Balance
$994,651Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,114 /month
Positive
Cash Flow Estimate:
$3,038 /month

Interested in this property?

Carmen DiPenti

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,466
$1,321,650
2026
$546,000
$775,650
$1,321,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$23,466
$1,321,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Inwood National Bank
Conventional
$589,000
No
First
Feb 5, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$524,349
$994,651
65%
35%
$3,532/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$3,532/mo
$-1,102/mo
1.9%

City: Dallas

5243 Willis Ave | Property Details | No Agent List