$420,000
NAL Estimated Property Value1223 Urban Lofts Dr, Dallas, TX, 75215
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Electric Water Heater
FlooringCeramic Tile, Concrete, Wood
Exterior
Exterior FeaturesBalcony
Lot Size1,976 sqft
Building Information
Year Built2007
Stories3
Roof Type111
Garage Spaces1
Land Information
APN000907500005D0000
Lot Number5D
SubdivisionAkard Street Townhomes
Land UseResidential
Legal DescriptionAKARD STREET TOWNHOMES BLK 907 1/4 LT 5D INT202000233888 DD08272020 CO-DC 09075000 05D00 3DA09075000
Census Tract020402
Assessed Land Value$69,160
Assessed Improvement Value$346,790
Assessment Year2025
About this property
Modern three story town home in the heart of The Cedars! Walk to the DART rail, and easy access to entertainment, restaurants, highways, and downtown. This town home features granite countertops, stainless steel appliances, vaulted ceilings, floor to ceiling windows, wood and concrete floors, and fresh paint throughout. HVAC 1.5 years old with 10 year warranty! This is a corner unit with ample natural light and extra yard space! Refrigerator, washer, and dryer are included in sale.
Investor Tools
$420,000
Estimated Property Value
$258,000Estimated Mortgage Balance
$162,000Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$700/month
$100/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,301
$415,950
2025
$69,160
$346,790
$415,950
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,301
$415,950
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$290,400
No
First
Aug 27, 2020
Sep 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,000
$162,000
38%
61%
$1,742/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,842/mo
$-277/mo
4.5%
