B+

NoAgentList RatingHow are grades calculated?

118Days on Market

1view

$117,000

12802 Midway Road 2003, Dallas, TX, 75244

On Market

2 Beds

2 Bath

851 Sq Ft

Condos / Townhouses

$137.49 / sqft

Built in 1970

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private Pool

Lot Size7.97 acres

Building Information

Year Built1970

Stories1

Roof Type105

Land Information

APN00000808907060000

SubdivisionLas Colonitas Condominiums

Land UseResidential

Legal DescriptionLAS COLONITAS CONDOMINIUMS BLK 8395 ACS 8.00 BLDG Z UNIT 2003 CE% 0.446 INT202300075436 DD04172023 CO-DC 8395 000 00000

Census Tract009603

Assessed Land Value$46,450

Assessed Improvement Value$106,730

Assessment Year2025

About this property

INVEST NOW - BELOW MARKET PRICE Adorable and Delightful with Amazing Updates! Top-Notch Amenities and Prime Dallas Location! Move in ready luxury with updates that include granite counters in kitchen, white cabinets, subway tile, laminate floors & Low E vinyl windows. Fridge will stay with unit. 2-bedroom 2 bath on the 2nd floor, corner unit boasts lots of natural light. For your benefit, the hall closet has been outfitted for a stackable washer-dryer. Large living room with vaulted ceiling & wood burning fireplace give you plenty of room to relax or entertain your friends and family. Open concept floor plan allows dining area open to kitchen & living. Covered parking space in center parking lot- entrance off of Midway. Complex has 2 pools & 5 laundry facilities. Convenient access to premier shopping and dining. Easy access to 635, Tollway, Galleria, restaurants, and shopping. Perfect Location for you!

Investor Tools

$153,180

Estimated Property Value

$0Estimated Mortgage Balance

$11,675Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$919 /month

Positive

Cash Flow Estimate:

$306 /month

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Better Homes and Gardens Real

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$64/month

$451/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$153,180

2025

$46,450

$106,730

$153,180

Tax History

Year

Tax Paid

Assessed Value

2025

N/A

$153,180

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Research Center Llc

$150,000

Yes

First

Apr 17, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$141,505

$11,675

92%

$900/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,940/mo

$1,351/mo

+$589/mo

15.2%

Learn About the Market: Opportunity in Dallas

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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.

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