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$133,000

NAL Estimated Property Value

12888 Montfort Dr # A-261, Dallas, TX, 75230

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths752 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$179.52 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Vented Exhaust Fan, Washer
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size5.04 acres

Building Information

Year Built1968
Stories1
Roof Type105

Land Information

APN00000662161240000
SubdivisionValley View Condominiums
Land UseResidential
Legal DescriptionVALLEY VIEW CONDOMINIUM PH 1&2 5.045 AC MONTFORT TO GOLWAITE BLDG A UNIT 261 CE 0.66555% INT202400198726 DD09302024 CO-DC
Census Tract009604
Assessed Land Value$36,590
Assessed Improvement Value$96,110
Assessment Year2025

About this property

Welcome to your fully renovated 2-bedroom condo in the heart of Dallas. This beautiful home offers modern amenities in a prime location near the Galleria and close to Addison night life. As soon as you enter, you'll be greeted by a bright and open living area, perfect for relaxing or entertaining. The fully renovated kitchen features stainless steel appliances, beautiful cabinetry, and granite countertops. The bathrooms have been fully renovated with modern finishes. The master bedroom has a good size walk-in closet plus there is a big storage closet in the hallway. This condo is located in an ultra prime location right on LBJ and others major highways; 75 and I-35, with easy access to shopping, dining, and entertainment. You'll be just a short drive from some of Dallas's best attractions, including the Dallas Arboretum, Botanical Garden and NorthPark Center. This home includes a reserved parking space and 2 comm pools with a picnic and BBQ pit area at the side. This is a must-see!

Investor Tools

Property Icon
$133,000
Estimated Property Value
$97,511Estimated Mortgage Balance
$35,489Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
$262/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,025
$132,700
2025
$36,590
$96,110
$132,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,025
$132,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Geneva Financial Llc
Conventional
$100,500
No
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,511
$35,489
26%
73%
$603/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$865/mo
+$700/mo
14.1%

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.

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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12888 Montfort Dr # A-261 | Property Details | No Agent List