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1view

$85,000

12480 Abrams Road 723, Dallas, TX, 75243

Off Market

1 Beds

1 Bath

729 Sq Ft

Condos / Townhouses

$116.6 / sqft

Built in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker

FlooringLaminate

Exterior

Private Pool

Lot Size17.99 acres

Building Information

Year Built1982

Stories1

Roof Type105

Land Information

APN00C11970000E00723

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 E UNIT 723 CE 0.19862% INT202300179698 DD08062023 CO-DC 8422

Census Tract019034

Assessed Land Value$18,620

Assessed Improvement Value$112,600

Assessment Year2025

About this property

Great location in Richardson ISD, feeds to Lake Highlands HS and not far from Richland CC. Kitchen has abundant cabinet space, opens up to living and dining area, making very good sized main living with fireplace. Nice laminate wood floors thru the entire condo, including kitchen, dining, living and master bedroom. Beautiful custom drapery and rods. All neutral paint colors, ready for your personal style. Full size utility room with folding table. Newer AC, water heater, tub, sink, toilet. Solar screens to help efficiency, cheap energy bills! Nice sized outdoor covered patio. Includes one assigned covered parking spot. Super energy efficient condo on second floor, bringing security and peace and quiet!

Investor Tools

$131,220

Estimated Property Value

$0Estimated Mortgage Balance

$60,136Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$787 /month

Positive

Cash Flow Estimate:

$262 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$311/month

$156/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,074

$131,220

2025

$18,620

$112,600

$131,220

Tax History

Year

Tax Paid

Assessed Value

2024

$3,074

$131,220

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ark-La-Tex Financial Services Llc

Conventional

$81,528

First

Nov 8, 2019

Dec 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$71,084

$60,136

45%

54%

$489/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,326/mo

$645/mo

+$681/mo

12.1%

Learn About the Market: Opportunity in Dallas

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