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Owner Contacts

$134,000

NAL Estimated Property Value

12830 Midway Road 1123, Dallas, TX, 75244

Off Market

2 Beds

2 Bath

864 Sq Ft

Condos / Townhouses

$150.35 / sqft

Built in 1970

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Bathrooms Half 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker

FlooringLaminate, Wood

Exterior

Lot Size7.97 acres

Building Information

Year Built1970

Stories1

Roof Type105

Land Information

APN00000808907820000

SubdivisionLas Colonitas Condominiums

Land UseResidential

Legal DescriptionLAS COLONITAS CONDOMINIUMS BLK 8395 ACS 8.00 BLDG GG UNIT 2124 CE% 0.383 INT202200282107 DD10152022 CO-DC 8395 000 00000

Census Tract009603

Assessed Land Value$39,890

Assessed Improvement Value$91,870

Assessment Year2025

About this property

Welcome to your new home! This two bedroom 2 bathroom, first floor condo, is a great find! Updated kitchen in 2020 with granite countertops, textured backsplash, and all new cabinets. New wood floors in common areas and master and new vinyl flooring in 2nd bedroom. New paint throughout. Ample bedrooms and desirable split floor plan with closet for stackable or full size washer-dryer. Covered assigned carport parking and use of community pools.Incredible location, minutes from downtown and night life, shopping, dining & entertainment nearby with easy access to 635, DNT & the Galleria.

Investor Tools

$134,000

Estimated Property Value

$23,427Estimated Mortgage Balance

$110,573Estimated Equity

82% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$804 /month

Positive

Cash Flow Estimate:

$268 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$291/month

$327/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,816

$131,760

2025

$39,890

$91,870

$131,760

Tax History

Year

Tax Paid

Assessed Value

2024

$2,816

$131,760

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Financial Bank Na

Unknown

$40,000

First

Jul 29, 2009

Jun 2010

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$23,427

$110,573

82%

17%

$240/mo

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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