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$207,168

NAL Estimated Property Value

1261 Dallas Dr, Denton, TX, 76205

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,102 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$132.4 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony
Lot Size815 sqft

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APNR82257
Lot Number5
SubdivisionTimberidge
Land UseResidential
Legal DescriptionTIMBERIDGE BLK 6 LOT 5
Census Tract021202
Assessed Land Value$32,680
Assessed Improvement Value$174,488
Assessment Year2025

About this property

Great buy for investment or living!! 2 bedroom, 2.5 bathroom 2-story townhome just off I-35 only minutes from UNT & TWU! Spacious living room features brick wood-burning fireplace centered between windows. An electric cooktop & oven, built-in microwave, dishwasher, disposal, refrigerator, ample cabinet space & breakfast bar complete the eat-in kitchen highlighted by a big window. Both spacious bedrooms are located upstairs each with a private bath. Enjoy the back enclosed patio and upstairs balcony. All new carpet and fresh paint. The popcorn ceiling has been removed. Come check it out!! All information to be verified by buyer and buyers agent.

Investor Tools

Property Icon
$207,168
Estimated Property Value
$175,552Estimated Mortgage Balance
$31,616Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,243 /month
Positive
Cash Flow Estimate:
$414 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
$210/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,493
$207,168
2025
$32,680
$174,488
$207,168
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,493
$207,168

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$188,057
No
First
Oct 4, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,552
$31,616
15%
85%
$1,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,338/mo
+$227/mo
9.1%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Denton

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1261 Dallas Dr | Property Details | No Agent List