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$125,000

NAL Estimated Property Value

12818 Midway Road 2068, Dallas, TX, 75244

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths625 Sq Ft
price_per_sqft$150.4 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size7.97 acres

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN00000808904700000
SubdivisionLas Colonitas Condominiums
Land UseResidential
Legal DescriptionLAS COLONITAS CONDOMINIUMS BLK 8395 ACS 8.00 BLDG E UNIT 2068 CE% 0.327 INT201900232146 DD08302019 CO-DC 8395 000 00000
Census Tract009603
Assessed Land Value$34,050
Assessed Improvement Value$90,950
Assessment Year2025

About this property

Beautifully Updated 1 Bedroom , 1 Bath Second Floor Unit Condo in Las Colonitas Subdivision. GREAT LOCATION! Close to I-635, North Dallas Tollway, Midway, Shopping Areas and Restaurants. New FRESH Carpet, Neutral Colors, FRESH PAINT, NEW Microwave (2019), NEW Dishwasher (2019) Spacious living and dining area, desirable open floor plan with washer, dryer cabinet. Roomy bedroom with nice size closet. REFRIGERATOR INCLUDED! Covered assigned carport parking. Lovely Community pool. Ready to Move in!

Investor Tools

Property Icon
$125,000
Estimated Property Value
$73,287Estimated Mortgage Balance
$51,713Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
$235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,514
$125,000
2025
$34,050
$90,950
$125,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,514
$125,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$84,600
No
First
Aug 30, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,287
$51,713
41%
59%
$508/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$743/mo
+$897/mo
15.7%

City: Dallas

12818 Midway Road 2068 | Property Details | No Agent List