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Owner Contacts

$124,000

NAL Estimated Property Value

12830 Midway Road 2117, Dallas, TX, 75244

$142,819 ARV

Off Market

2 Beds

2 Bath

987 Sq Ft

$130.7 / sqft

Built in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range

FlooringCeramic Tile, Laminate

Exterior

Private Pool

Lot Size7.97 acres

Building Information

Year Built1970

Stories1

Roof Type105

Land Information

APN00000808908800000

SubdivisionLas Colonitas Condominiums

Land UseResidential

Legal DescriptionLAS COLONITAS CONDOMINIUMS BLK 8395 ACS 8.00 BLDG PP UNIT 2121 CE% 0.344 INT202000268956 DD09302020 CO-DC 8395 000 00000

Census Tract009603

Assessment Year2025

About this property

Multiple offers received. Highest and best by June 22'nd, at 11:00 AM. AMAZING LOCATION!!! Quick walk to recently built businesses including Chick-Fil-A, Chipotle, In-N-Out, Sams Club, and Walmart. The condo has two large bedrooms and two full bathrooms, one of which is newly updated. The condo also includes washer and dryer connections. The well-thought-out layout allows for an open concept experience.

Investor Tools

$124,000

Estimated Property Value

$0Estimated Mortgage Balance

$124,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$142,818

Rent-to-Value Ratio: 0.72%

Rent Estimate

$774 /month

Positive

Cash Flow Estimate:

$258 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$265/month

$372/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,559

$114,890

2025

N/A

$114,890

Tax History

Year

Tax Paid

Assessed Value

2024

$2,559

$114,890

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$124,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$372/mo

+$1,268/mo

15.9%

Learn About the Market: Opportunity in Dallas

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