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$246,750

NAL Estimated Property Value

1203 Portales Lane 1203, Irving, TX, 75061

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,540 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$168.77 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Laminate, Wood

Exterior

Lot Size7.23 acres

Building Information

Year Built1966
Stories2
Roof Type105
Garage Spaces2

Land Information

APN32095000120020000
Lot Number1
SubdivisionDel Paseo Townhouse
Land UseResidential
Legal DescriptionDEL PASEO TOWNHOUSE BLK A PT LT 1 ACS 7.2327 BLDG L UNIT 1203 CE 1.667% INT202300060077 DD02082023 CO-DC 0950001200200
Census Tract014501
Assessed Land Value$52,520
Assessed Improvement Value$194,230
Assessment Year2025

About this property

Beautiful updated 3-bedroom, 2.5-bath condo in the heart of Irving, featuring a functional layout with great flow between the living, dining, and kitchen spaces. Step inside to be greeted by beautiful hardwood floors and large sliding glass doors that create a seamless connection to the outdoor living area. NEW HVAC! The updated kitchen features granite countertops, an electric cooktop, ample cabinet space, and a classic subway tile backsplash. The dining area showcases elegant built-ins and provides direct access to the back patio—perfect for morning coffee or relaxed evenings at home. Each bedroom is generously sized and features its own designated flex space—ideal for a home office, cozy reading nook, vanity area, or additional storage—adding versatility and comfort to fit your lifestyle. Upstairs, both full bathrooms have been updated with granite countertops and shower-tub combinations, offering a clean, timeless look and everyday convenience, while a well-placed half bath downstairs enhances functionality for guests. Enjoy a private patio with turf overlooking a peaceful, tree-lined common area, creating a serene retreat without the maintenance. The community itself is nestled among mature shade trees and features a sparkling pool just a short walk away. A conveniently attached 2-car garage completes this exceptional condo, ideally located just moments from Baylor Scott & White Medical Center, with easy access to shopping, dining, and entertainment. Schedule your showing today!

Investor Tools

Property Icon
$246,750
Estimated Property Value
$227,974Estimated Mortgage Balance
$18,776Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,217
$246,750
2025
$52,520
$194,230
$246,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,217
$246,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keller Mortgage Llc
Conventional
$242,500
No
First
Feb 8, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,974
$18,776
7%
92%
$1,454/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,004/mo
$-32/mo
9.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Irving

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1203 Portales Lane 1203 | Property Details | No Agent List