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5425 Melrose Avenue, Dallas, TX

$1,650,000 - $1.7M Price - 3 Beds

Opportunity to own New Construction Modern building in great Dallas location 5425 & 5427 Melrose. Potential $132,000 annual income. 100% occupied, almost 6% cap rate. Very quiet street yet walk-able to great dining, entertaining & shopping. Simple & Elegant design with clean lines and high quality materials throughout. Highly energy efficient home with foam insulation. Open concept living extended sight lines to large back yard. Master bedroom with balcony, 2 other beds & game room (or office) with balcony on 2nd floor. Beautiful rooftop deck, great entertaining space, with views of Downtown Dallas.

Essential Information

For 5425 Melrose Avenue, Dallas, TX
  • MLS® # 14112788
  • Price $1,650,000
  • Bedrooms 3
  • Bathrooms 0.00
  • Full Baths 3
  • Half Baths 1
  • Acres 0.00
  • Year Built 2019
  • Type Multi-Family
  • Sub-Type Full Duplex
  • Status Active

Community Information

For 5425 Melrose Avenue, Dallas, TX
  • Address 5425 Melrose Avenue
  • Area DALLAS EAST (12)
  • Subdivision Vickery Place
  • City Dallas
  • County Dallas
  • State TX
  • Zip Code 75206

Amenities

For 5425 Melrose Avenue, Dallas, TX
  • Utilities City Sewer, City Water
  • Parking Spaces 4
  • Garages Attached, Outside Entry

Interior

For 5425 Melrose Avenue, Dallas, TX
  • Fireplace Yes
  • # of Fireplaces 1
  • Fireplaces Gas Starter
  • # of Stories 2
  • Stories 2

Interior Features

For 5425 Melrose Avenue, Dallas, TX

Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available

Appliances

For 5425 Melrose Avenue, Dallas, TX

Built-in Icemaker, Built-in Microwave, Built-in Refrigerator/Freezer, Convection Oven, Cooktop - Gas, Dishwasher, Disposal, Oven - Gas, Plumbed for Gas in Kitchen, Refrigerator, Vent Mechanism, Water Line to Refrigerator

Heating

For 5425 Melrose Avenue, Dallas, TX

Central Air-Elec, Central Heat-Gas

Exterior

For 5425 Melrose Avenue, Dallas, TX
  • Roof Composition
  • Construction Brick
  • Foundation Slab

Exterior Features

For 5425 Melrose Avenue, Dallas, TX

Balcony, Covered Deck, Covered Porch(es), Lighting System, Outdoor Living Center, Roof Top Deck/Patio, Sprinkler System

Lot Description

For 5425 Melrose Avenue, Dallas, TX

Interior Lot, Landscaped, Lrg. Backyard Grass, Some Trees, Subdivision

School Information

For 5425 Melrose Avenue, Dallas, TX
  • District Dallas ISD
  • Elementary Geneva Heights
  • Middle Long
  • High Wilson

Listing Details

For 5425 Melrose Avenue, Dallas, TX
  • Agent Lee Lamont
  • Office Coldwell Banker Residential

Price Change History for 5425 Melrose Avenue, Dallas, TX (MLS® #14112788)

Date Details Change
Price Increased from $1,595,000 to $1,650,000 $55,000 (3.45%)

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Listing information last updated on October 22nd, 2019 at 3:30am CDT.