5 months on rocket

5833 Velasco Ave, Dallas, TX, 75206

$700,000

Home List Price

$8,313*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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5833 Velasco Ave, Dallas$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOther
Year Built1920
HeatingCentral
CoolingCentral Air
MLS #20645703
Lot Size0.18 Acres
StatusActive

About 5833 Velasco Ave

Welcome to 5833 Velasco Ave! A fantastic investment opportunity in Lower Greenville! This spacious Duplex offers two 2-bedroom, 1-bath units situated in a highly coveted area. Step inside to discover tons of original charm with hardwoods and plenty of natural light, creating an inviting atmosphere. The floor plans connect the living, dining, and kitchen areas, providing a great flow. The kitchens are equipped with SS appliances. The bedrooms offer privacy and relaxation. Outside, the sizable lot presents opportunities for outdoor enjoyment or potential expansion. With its prime location and attractive features, this property is a compelling investment opportunity. Don't miss out on the chance to make this your next venture in the vibrant area of Lower Greenville!

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Compass RE Texas, LLC.
  • Office Phone: (214) 814-8100
  • Listing Agent: Justin Bustamante, Michael Brink

Interior Features

Interior Information:

  • Flooring Type: Other
  • Interior: Decorative/Designer Lighting Fixtures, High Speed Internet, Cable TV

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Other

Virtual/3D Tour

  • Virtual Tour: 5833 Velasco Ave
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Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Please use Navigation.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000

Tax Information:

  • Annual Amount: $9,565
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Dallas, TX.

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Dallas, TX

City

Med. Sold Price

$260K

Med. Price/SqFt

$175

Avg. Days On Market

65

# of Sold Homes

869

5833 Velasco Ave vs Dallas

157 DAYS ON ROCKET

+92 Days

$700,000

+$440K More

KEY TAKEAWAY

This property is $440K more than the Median Sold Price in Dallas, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20645703

Listing Office:

  • Office Name: Compass RE Texas, LLC.
  • Office Phone: (214) 814-8100
  • Listing Agent: Justin Bustamante, Michael Brink

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/24/2024, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,565$367,950
2019$10,058$367,950
2018$9,231$324,430
2017$7,895$290,350

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1069474
4
/10

  • Geneva Heights Elementary School

  • 2911 Delmar Ave

  • 0.22 miles

  • Public District Grades EE-5

school-card-donut-1069475
7
/10

  • Solar Preparatory for Boys at John F Kennedy

  • 1802 Moser Ave

  • 0.91 miles

  • Public District Grades PK-4

school-card-donut-1069476
8
/10

  • Solar Preparatory School for Girls at Bonham

  • 2617 N Henderson Ave

  • 0.91 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,841. The majority of Dallas, TX residents have income $200k+ annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Dallas County›Dallas›75206›5833 Velasco Ave

This home is located at 5833 Velasco Ave in Dallas, TX and zip code 75206 in the Old East Dallas neighborhood. This home, which was built in 1920, sits on a 0.18 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $700,000.

In October 2024, from all listings sold in Dallas, TX there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. In October 2024 in Dallas, TX there were 13.5% more homes for sale than in September 2024. Listings spent 65 days on the market in October 2024, and had a median list price of $260,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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