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$112,000

NAL Estimated Property Value

12480 Abrams Rd # M-2821, Dallas, TX, 75243

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths733 Sq Ft
price_per_sqft$150.07 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Vented Exhaust Fan
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size17.99 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C11970000M02821
Lot Number1
SubdivisionCreekbend Condominiums Ph I-Vi
Land UseResidential
Legal DescriptionCREEKBEND CONDOMINIUMS PH I-VI BLK F/8422 PT LT 1 17.99 ACS BLDG M UNIT 2821 CE 0.19826% INT202400058471 DD03222024 CO-DC
Census Tract019034
Assessed Land Value$18,620
Assessed Improvement Value$87,520
Assessment Year2025

About this property

Located in the vibrant Dallas area, this charming one bedroom one bathroom condo presents an inviting retreat within a prime location. Situated on the second floor, this gem offers a perfect blend of comfort and commuting convenience. The living space exudes warmth, perfect for relaxing evenings or venture out within the vibrant community. Creekbend Condos has plenty of amenities within the gated complex, including multiple pools, club house and tennis courts. Efficiently designed, with ample storage space and a functional layout catering to everyday needs. With its ideal blend of location, comfort, and convenience, this property is poised to offer a delightful living experience, presenting an excellent opportunity for those seeking a cozy yet connected place to call home near Dallas, or those seeking income potential. Dedicated covered parking spot 28A and guest parking available.

Investor Tools

Property Icon
$112,000
Estimated Property Value
$12,064Estimated Mortgage Balance
$99,936Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$672 /month
Positive
Cash Flow Estimate:
$224 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$254/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,487
$106,140
2025
$18,620
$87,520
$106,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,487
$106,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Anthony T Bui
Seller Carryback / Seller Financing / Seller Take-Back
$30,800
No
First
May 5, 2004
May 2014

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$12,064
$99,936
89%
11%
$185/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$425/mo
+$901/mo
14.2%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
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 # M-2821 | Property Details | No Agent List