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$110,000

NAL Estimated Property Value

12480 Abrams Rd # G-222, Dallas, TX, 75243

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths729 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$157.75 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven
FlooringCarpet

Exterior

Private PoolPrivate Pool
Lot Size17.99 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C11970000G00222
Lot Number1
SubdivisionCreekbend Condominiums Ph I-Vi
Land UseResidential
Legal DescriptionCREEKBEND CONDOMINIUMS PH I-VI BLK F/8422 PT LOT 1 ACS 17.99 BLDG G UNIT 222 CE 0.19826% INT202300065220 DD03312023 CO-DC
Census Tract019034
Assessed Land Value$18,620
Assessed Improvement Value$90,730
Assessment Year2025

About this property

Hard to find a one Bedroom with 2 full bathroom. Affordable condo minutes from Dallas College-Richland! Richardson ISD schools! Your open and light filled living room features a cozy fireplace. One Bedroom and One office room with a closet. Two full bathroom and one dining area with a Patio and a storage The kitchen comes with all appliances! Refrigerator will stay. As a member of the community you have access to a sparkling pool, a covered parking space, and affordable HOA dues! Bring your all your design ideas! Tenant occupied. Rent is $800. Lease will expire January31,2023 . Current market rent is $1200 Priced to sell! Seller also selling unit #202 on the same building, MLS 20170952 SHOWING ONLY AFTER AN ACCEPTABLE OFFER

Investor Tools

Property Icon
$110,000
Estimated Property Value
$12,143Estimated Mortgage Balance
$97,857Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$690 /month
Positive
Cash Flow Estimate:
$230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,562
$109,350
2025
$18,620
$90,730
$109,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,562
$109,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citimortgage Inc
Unknown
$29,700
No
First
Oct 7, 2004
Nov 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$12,143
$97,857
88%
11%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
N/A
+$1,326/mo
14.5%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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12480 Abrams Rd # G-222 | Property Details | No Agent List