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$159,000

NAL Estimated Property Value

12822 Midway Rd # Aa, Dallas, TX, 75244

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths795 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$174.84 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave
FlooringLaminate

Exterior

Lot Size7.97 acres

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN00000808907160000
SubdivisionLas Colonitas Condominiums
Land UseResidential
Legal DescriptionLAS COLONITAS CONDOMINIUMS BLK 8395 ACS 8.00 BLDG AA UNIT 1094 CE% 0.416 INT202300120768 DD06122023 CO-DC 8395 000 00000
Census Tract009603
Assessed Land Value$43,320
Assessed Improvement Value$115,680
Assessment Year2025

About this property

Best and most central location in DFW. Less than one minute from 635, Dallas N. Tollway and Preston, and three minutes from 75. Close to everything including shopping, restaurants, and the Galleria mall. This first floor condo features two bedrooms one bath with lots of natural light. Beautifully remodeled, it boasts modern laminate flooring in dinning, living and bedrooms. Kitchen has black pearl custom home style granite countertops with under replaced sink. Stainless appliances and range. Washer and dryer which remain in unit. Remodeled bathroom with white tile and bathtub. Bedroom with walk-in closet and large closet in the master as well as plenty of wall space. Living area with built-ins, and private patio that has a privacy fence, perfect for morning coffee. Unit with Low carrying costs, great for investment or perfect for owner occupant. Seller spent almost 10k replacing the hvac and adding flooring. Seller has added some nice touches. Move in ready. Won’t last long.

Investor Tools

Property Icon
$159,000
Estimated Property Value
$0Estimated Mortgage Balance
$159,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$954 /month
Positive
Cash Flow Estimate:
$318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,554
$159,000
2025
$43,320
$115,680
$159,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,554
$159,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$159,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$345/mo
+$1,595/mo
14.6%

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.

Explore Texas Explore This Area
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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12822 Midway Rd # Aa | Property Details | No Agent List