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$123,000

12816 Midway Road 1061, Dallas, TX, 75244

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths658 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.35 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave
FlooringConcrete

Exterior

Lot Size7.97 acres

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN00000808904820000
SubdivisionLas Colonitas Condominiums
Land UseResidential
Legal DescriptionLAS COLONITAS CONDOMINIUMS BLK 8395 ACS 8.00 BLDG F UNIT 1061 CE% 0.344 INT202200296696 DD10312022 CO-DC 8395 000 00000
Census Tract009603
Assessed Land Value$35,820
Assessed Improvement Value$69,460
Assessment Year2025

About this property

Spacious 1 bedroom, 1 bathroom condo. Covered assigned parking. Location: Near 635, Galleria, Wal-Mart, retail shopping and restaurants. Granite counter tops, stainless steel appliances, decorative lighting, and stained concrete floors throughout. Enclosed private patio and two community pools.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,353
$105,280
2025
$35,820
$69,460
$105,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,353
$105,280

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$123,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
16.0%

Learn About the Market: Opportunity in Dallas

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Explore

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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Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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12816 Midway Road 1061 | Property Details | No Agent List