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$420,000

NAL Estimated Property Value

1223 Urban Lofts Dr, Dallas, TX, 75215

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,800 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$205 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

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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%

City: Dallas

1223 Urban Lofts Dr | Property Details | No Agent List