Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$625,000

5909 Luther Lane 1401, Dallas, TX, 75225

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,408 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$443.89 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Marble, Wood

Exterior

Lot Size1.52 acres

Building Information

Year Built1983
Roof Type172
Garage Spaces2

Land Information

APN00C67770000A01401
Lot Number10A,9A
SubdivisionThe Shelton Condominiums
Land UseResidential
Legal DescriptionTHE SHELTON CONDO BL2/5625 LT9A,10A,11,12 AC 1.5152 BLDG A UNIT 1401 CE 0.72% INT201600301084 DD10202016 CO-DC 5625 002 09A00
Census Tract007301
Assessed Land Value$71,280
Assessed Improvement Value$569,360
Assessment Year2025

About this property

Elegant 14th-floor condo featuring classic finishes, abundant natural light, and beautiful south-facing views. Whether you’re seeking a sophisticated lock-and-leave lifestyle or access to Highland Park ISD, this residence offers an exceptional combination of comfort, convenience, and location. Highlights include stunning marble bathrooms, stainless steel appliances, a spacious balcony, generous storage, two reserved parking spaces, and a large private storage unit. Building amenities include a 24-hour front desk, valet parking, resort-style pool, fitness center, clubhouse, grilling area, putting green, coffee bar, conference room, and more. Ideally located within walking distance of excellent restaurants, shopping, and neighborhood conveniences. Pets under 35 lbs are welcome. No smoking permitted.

Investor Tools

$288,646Estimated Mortgage Balance
$351,994Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,844 /month
Positive
Cash Flow Estimate:
$1,281 /month

Interested in this property?

Carolina Garzon

Allie Beth Allman & Assoc.

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$676/month
$1,408/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,913
$640,640
2025
$71,280
$569,360
$640,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,913
$640,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$321,000
No
First
Apr 19, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,646
$351,994
54%
45%
$1,311/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,350/mo
$2,719/mo
$-369/mo
4.4%

City: Dallas

5909 Luther Lane 1401 | Property Details | No Agent List