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$129,900

12834 Midway Road 2109, Dallas, TX, 75244

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths2 Bath
Baths732 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$177.46 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size7.97 acres

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN00000808908040000
SubdivisionLas Colonitas Condominiums
Land UseResidential
Legal DescriptionLAS COLONITAS CONDOMINIUMS BLK 8395 ACS 8.00 BLDG JJ UNIT 1114 CE% 0.452 INT201200365445 DD12072012 CO-DC 8395 000 00000
Census Tract009603
Assessed Land Value$47,070
Assessed Improvement Value$125,730
Assessment Year2025

About this property

Stylish and thoughtfully updated, this 1-bedroom, 1.5-bath condominium offers 732 square feet of comfortable living space in the conveniently located Las Colonitas community. The multi-level layout features an open living and dining area with wood flooring, decorative lighting, and a modern kitchen showcasing rich blue cabinetry, stone countertops, a patterned backsplash, breakfast-bar seating, and stainless steel appliances. Upstairs, the spacious primary bedroom provides a private retreat, while the additional half bath adds everyday convenience for guests. A private balcony, in-unit washer and dryer, assigned covered parking, and access to the community pool complete the package. Ideally positioned near Midway Road and I-635, with convenient access to shopping, dining, employment centers, and major Dallas thoroughfares.

Investor Tools

$47,522Estimated Mortgage Balance
$125,278Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,037 /month
Positive
Cash Flow Estimate:
$346 /month

Interested in this property?

Ajmal Rahmani

LEGACY POINT REAL ESTATE LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,476
$172,800
2025
$47,070
$125,730
$172,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,476
$172,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$58,300
No
First
Sep 7, 2017
Oct 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,522
$125,278
72%
28%
$350/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$750/mo
+$1,190/mo
13.5%

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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