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Owner Contacts

$161,040

12834 Midway Rd # Kk, Dallas, TX, 75244

Off Market

1 Beds

2 Bath

732 Sq Ft

Condos / Townhouses

$252.73 / sqft

Built in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Ice Maker, Refrigerator, Vented Exhaust Fan, Washer

FlooringCeramic Tile, Wood

Exterior

Lot Size7.97 acres

Building Information

Year Built1970

Stories1

Roof Type105

Land Information

APN00000808908260000

SubdivisionLas Colonitas Condominiums

Land UseResidential

Legal DescriptionLAS COLONITAS CONDOMINIUMS BLK 8395 ACS 8.00 BLDG KK UNIT 2109 CE% 0.383 INT202300094865 DD05112023 CO-DC 8395 000 00000

Census Tract009603

Assessed Land Value$39,890

Assessed Improvement Value$121,150

Assessment Year2025

About this property

Updated to the max, completely remodeled, cozy, modern, open, light, and airy condominium conveniently located in the heart of North Dallas near 635, Dallas North Tollway, and 75. Just minutes from world-class shopping, food, and entertainment. This condo boasts real hardwood floors upstairs and downstairs, marble backsplash, granite countertops, custom cabinets, and all-new electrical. New HVAC 2019, all new tile, unique fixtures, and lighting. Easy to make this home your happy place! This property is also available for lease as a short (30 days) or long-term furnished, all-bills-paid property. MLS#: 20195233

Investor Tools

$161,040

Estimated Property Value

$135,800Estimated Mortgage Balance

$32,710Estimated Equity

16% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,110 /month

Positive

Cash Flow Estimate:

$370 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$367/month

$229/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,599

$161,040

2025

$39,890

$121,150

$161,040

Tax History

Year

Tax Paid

Assessed Value

2024

$3,599

$161,040

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$135,800

First

May 11, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$128,330

$32,710

20%

80%

$815/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$1,044/mo

+$596/mo

12.2%

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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