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Owner Contacts

$220,000

NAL Estimated Property Value

14151 Montfort Drive 206, Dallas, TX, 75254

Off Market

2 Beds

2 Bath

1,001 Sq Ft

$178.72 / sqft

Built in 1981

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesLighting

Lot Size10.63 acres

Building Information

Year Built1981

Stories1

Roof Type104

Land Information

APN0029N820000D00206

Lot Number1

SubdivisionLifescape Villas On Montfort Ph I

Land UseResidential

Legal DescriptionLIFESCAPE VILLAS ON MONTFORT PH I BLK 7008 LOT 1 BLDG D UNIT 206 & 0.51% CE INT202000282075 DD10092020 CO-DC 7008 000 001

Census Tract013624

Assessed Land Value$59,050

Assessed Improvement Value$140,950

Assessment Year2025

About this property

GORGEOUS completely remodeled one story Mediterranean condo in a sought after complex. Featuring high vaulted ceiling, tons of windows for natural lighting, matching granite throughout, WBFP, tiles & wood flooring, & commodes w-bidets. Extra amenities include NEW fresh paint & texture, LED light fixtures, new electrical, rustic barn door, SS appliances, wood inserts in living room, bar area, & kitchen ceiling. Condo right next to greenbelt. Centrally located & walking distance to Addison District filled with restaurants, bars, Whole Foods, AMC Theatre, LOOK Theater, & Comedy Club. Minutes away from Dallas Galleria, DNT, & 635. Roof, foundation, water, sewer, trash, & yard care are covered. Pet-friendly complex.

Investor Tools

$220,000

Estimated Property Value

$127,669Estimated Mortgage Balance

$92,331Estimated Equity

41% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,320 /month

Positive

Cash Flow Estimate:

$440 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$323/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,778

$200,000

2025

$59,050

$140,950

$200,000

Tax History

Year

Tax Paid

Assessed Value

2024

$2,778

$200,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Finance Of America Mortgage Llc

Conventional

$143,120

First

Oct 9, 2020

Nov 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$127,669

$92,331

41%

58%

$859/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,730/mo

$1,182/mo

+$548/mo

9.4%

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