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1view

$250,000

12541 Montego Plz, Dallas, TX, 75230

$325,000 ARV

Off Market

2 Beds

2 Bath

1,680 Sq Ft

Condos / Townhouses

$148.81 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan

FlooringConcrete

Building Information

Year Built1982

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000661754200000

Lot Number122

SubdivisionPreston Square Town Homes

Land UseResidential

Legal DescriptionPRESTON SQUARE TOWN HOMES BLK 1/6994 LT 122 INT201800268413 DD10032018 CO-DC 6994 001 12200 1DA6994 001

Census Tract009604

Assessed Land Value$95,000

Assessed Improvement Value$307,650

Assessment Year2025

About this property

Open, light and bright! Vaulted ceilings, roomy too! 2 fireplaces, wet bar & built-ins. Large kitchen, split bedrooms. Master has updated Large shower, custom master closet, 2 spots for Washer and Dryer, you pick. Ceiling fans, fairly new electric panel and roof, oversize garage, nice pantry, trash compactor, central vacuum system. French doors open to a large courtyard for entertaining. HOA includes, pool, tennis and clubhouse. HOA is $189 per month. ***WE HAVE MULTIPLE OFFERS*** (Please submit your highest and best offer no later than Sunday 9-2-18 at 5:00 p.m.)

Investor Tools

$402,650

Estimated Property Value

$256,300Estimated Mortgage Balance

$177,284Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$325,000

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,416 /month

Positive

Cash Flow Estimate:

$805 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$931/month

$189/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,153

$402,650

2025

$95,000

$307,650

$402,650

Tax History

Year

Tax Paid

Assessed Value

2024

$9,153

$402,650

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$256,300

First

Mar 2, 2020

Apr 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$225,366

$177,284

44%

56%

$1,537/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,726/mo

$-161/mo

4.7%

Learn About the Market: Opportunity in Dallas

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