6view

Owner Contacts

$136,430

NAL Estimated Property Value

11480 Audelia Road 237, Dallas, TX, 75243

Off Market

2 Beds

2 Bath

1,152 Sq Ft

$112.76 / sqft

Built in 1980

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker

FlooringCeramic Tile, Laminate

Exterior

Private Pool

Exterior FeaturesBalcony, Tennis Court(s)

Lot Size9.99 acres

Building Information

Year Built1980

Stories1

Roof Type106

Land Information

APN00000787231620000

Lot Number2

SubdivisionCambridge Condos Ph I-Iii

Land UseResidential

Legal DescriptionCAMBRIDGE CONDOS PH I-III BLK 8076 LT 2 BLDG C UNIT 237 CE 0.511164% INT202200076100 DD03172022 CO-DC 8076 000 002 3008076

Census Tract018505

Assessed Land Value$26,690

Assessed Improvement Value$109,740

Assessment Year2025

About this property

Move in ready, updated, super cute & very secure condo in Richardson ISD! Updates include: New paint, Laminate floors, Removed popcorn ceilings, Added granite counters & lighting in kitchen, Updated counters & showers in both bathrooms. Home features: Large living room with fireplace. Split bedrooms for privacy. Previous owner enclosed balcony off the living room to use as office space with a great view of the pool. Master bedroom with walk in closet & has a balcony that also overlooks the pool. Property mgr, security & maintenance on-site to maintain property values & a safe living environment. Complex is monitored (no loitering allowed). Just minutes north of 635 close to shopping, restaurants & entertainment

Investor Tools

$136,430

Estimated Property Value

$47,449Estimated Mortgage Balance

$88,981Estimated Equity

65% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$819 /month

Positive

Cash Flow Estimate:

$273 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$323/month

$514/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,197

$136,430

2025

$26,690

$109,740

$136,430

Tax History

Year

Tax Paid

Assessed Value

2024

$3,197

$136,430

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Colonial Savings Fa

Conventional

$75,050

First

Dec 7, 2010

Jan 2048

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$47,449

$88,981

65%

35%

$450/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$964/mo

+$601/mo

13.8%

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