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$157,910

NAL Estimated Property Value

12480 Abrams Road 2602, Dallas, TX, 75243

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths957 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$177.64 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringLaminate

Exterior

Lot Size17.99 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C11970000F02602
Lot Number1
Land UseResidential
Legal DescriptionCREEKBEND CONDOMINIUMS PH I-VI BLK F/8422 PT LOT 1 ACS 17.99 BLDG F UNIT 2602 CE 0.26032% INT202200247220 DD09122022 CO-DC
Census Tract019034
Assessed Land Value$24,450
Assessed Improvement Value$133,460
Assessment Year2025

About this property

Beautiful First Floor Unit 2 Beds 2 baths condo in well known Gated Creekbend Subdivision, Richardson ISD! Bright and spacious. Wood burning fireplace is a focal point of this condo. Dining area and Living area opens up to the kitchen. NO CARPET in this unit! Sip your morning coffee in this dining room, very lovely. Primary bedroom offers, nice bathroom with vanity, and walk in closet. Full Size Laundry room by the kitchen. Kitchen has plenty of cabinet space and counter top space. Unit has private storage under the stairs. Creekbend community offers 2 community swimming pools and tennis court. GREAT LOCATION with easy access to many local shopping and dining places plus very close to Community College. READY TO MOVE IN!

Investor Tools

Property Icon
$157,910
Estimated Property Value
$117,412Estimated Mortgage Balance
$40,498Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,633
$157,910
2025
$24,450
$133,460
$157,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,633
$157,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$126,000
No
First
Sep 12, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,412
$40,498
25%
74%
$756/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,016/mo
+$549/mo
11.9%

City: Dallas

12480 Abrams Road 2602 | Property Details | No Agent List