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Owner Contacts

$495,620

NAL Estimated Property Value

12385 Montego Plz, Dallas, TX, 75230

Off Market

2 Beds

3 Bath

2,188 Sq Ft

$150.37 / sqft

Built in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built1980

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000661748500000

Lot Number67

SubdivisionPreston Square Town Homes

Land UseResidential

Legal DescriptionPRESTON SQUARE TOWN HOMES BLK 1/6994 LT 67 PVT ST NEAR MONTEGO PLAZA INT202100168085 DD06032021 CO-DC 6994 001 06700 3DA6994

Census Tract009604

Assessed Land Value$95,000

Assessed Improvement Value$400,620

Assessment Year2025

About this property

Convenient to all, this well-maintained, lightly lived-in home features updated kitchen with quartz counters and white subway tile backsplash with pullout trash and updated sink, neutral color palette, plantation shutters, and private flagstone patio living. Extra half bath on first floor. Master suite has sizable master bath. Second bedroom with en-suite bath. Live comfortably in the present state or modernize the baths to your taste. HOA includes front yard maintenance, Community Pool and Tennis Courts as well as a Club Room available for rent for $100. Community office on site and open daily.

Investor Tools

$495,620

Estimated Property Value

$297,017Estimated Mortgage Balance

$198,603Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,974 /month

Positive

Cash Flow Estimate:

$991 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$740/month

$200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,403

$495,620

2025

$95,000

$400,620

$495,620

Tax History

Year

Tax Paid

Assessed Value

2024

$6,403

$495,620

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$327,750

First

Jun 3, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$297,017

$198,603

40%

60%

$1,966/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$2,166/mo

$-601/mo

3.8%

Learn About the Market: Opportunity in Dallas

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