5701 Velasco Avenue, Dallas, Texas

$799,000

0.19 Acres
1,603 Sqft.
2 Bedrooms
2 Bathrooms
Built in 1919
13 Days on Market

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Welcome to 5701 Velasco Avenue, a charming two-bedroom, two-bath home in the heart of Dallas’ sought-after Lower Greenville neighborhood. A welcoming front porch sets the tone—perfect for morning coffee or unwinding in the evenings. Inside, the light-filled living area features gleaming hardwood floors and a decorative fireplace, creating a warm and inviting space for both relaxing and entertaining. Just off the living area, a versatile bonus room offers the ideal setup for a home office, study, or creative space. The home also features a spacious dining room and an updated kitchen with ample room to cook and gather, along with a separate utility room for added convenience. Step outside and enjoy walkability to Lower Greenville’s popular restaurants, shops, and nightlife, with easy access to SMU and downtown Dallas. Adding even more value, the detached accessory dwelling unit (ADU) at the back of the property creates a unique opportunity—ideal for guest accommodations, a private workspace, or income potential. With both the main home and ADU offering leasing possibilities, this property is especially appealing for investors or buyers looking to offset their mortgage.

School District: Dallas ISD

Dallas MLS #: 21267965

Representing the Seller: Listing Agent Beth Nunez; Listing Office: Compass RE Texas, LLC

Representing the Buyer: Contact realtor Douglas Newby of Douglas Newby & Associates if you would like to see this property. Call: 214.522.1000 Text: 214.505.9999

Property Overview

  • Listing Price: $799,000
  • MLS ID: 21267965
  • Status: For Sale
  • Days on Market: 13
  • Updated: 5/16/2026
  • Previous Status: For Sale
  • MLS Start Date: 5/13/2026

Property History

  • Current Listing: $799,000

Interior

  • Number of Rooms: 2
  • Full Baths: 2
  • Half Baths: 0
  • Interior Features:

    Chandelier

    Granite Counters

    High Speed Internet Available

  • Flooring:

    Ceramic Tile

    Hardwood

    Slate

Parking

  • Parking Features:

    Driveway

    On Street

Location

  • County: Dallas
  • Directions: From Mockingbird, South on Greenville to Velasco. The home is on the NE corner of Greenville and Velasco

Community

  • Home Owners Association: None

School Information

  • School District: Dallas ISD
  • Elementary School: Geneva Heights
  • Middle School: Long
  • High School: Woodrow Wilson

Heating & Cooling

  • Heating/Cooling:

    Central

    Natural Gas

Utilities

  • Utility Description:

    City Sewer

    City Water

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sqft.): 8,102.16
  • Lot Description:

    Corner Lot

  • Fencing (Description):

    Back Yard

    Wood

Financial Considerations

  • Price per Sqft.: $498
  • Price per Acre: $4,295,699
  • For Sale/Rent/Lease: For Sale

Disclosures & Reports

  • Legal Description: BELMONT SUBURBAN BLK 1/1885 LT 24 VELASCO & G
  • Restrictions: No Pets,No Smoking,No Sublease
  • APN: 00000183472000000
  • Block: 11885

If You Have Been Referred or Would Like to Make an Introduction, Please Contact Me and I Will Reply Personally

Douglas Newby represents clients with Dallas estate homes, architect designed homes and modern homes. Call: 214.522.1000 Text: 214.505.9999

Listing provided courtesy of North Texas Real Estate Information Systems (NTREIS)

We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an ‘as is, as available’ basis only.