$48,000
6050 Melody Lane Unit 207, Dallas, TX, 75231
On Market
Just Added
Property Lead Type:
BankruptcyDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size8.07 acres
Building Information
Year Built1979
Roof Type105
Land Information
APN00000394928620000
SubdivisionTealwood-On-The-Creek Condo
Land UseResidential
Legal DescriptionTEALWOOD-ON-THE-CREEK CONDO BLK M/5414 ACS 8.072 BLDG B UNIT 207 CE 0.2628% INT201000166683 DD06282010 CO-DC 5414 00M 00000
Census Tract007819
Assessed Land Value$13,870
Assessed Improvement Value$43,850
Assessment Year2026
About this property
Sold as is. Cash offer only. Listing broker does not work with unrepresented buyer; please do not call listing office; contact your own agent to see unit. NOTE: HOA has a special assessment of $118.28 per month between October 2026 and December 2027.
Investor Tools
$0Estimated Mortgage Balance
$57,720Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$346 /month
Positive
Cash Flow Estimate:
$115 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$136/month
$196/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,343
$57,720
2026
$13,870
$43,850
$57,720
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,343
$57,720
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$57,720
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$196/mo
+$1,174/mo
28.5%
