$509,000
NAL Estimated Property Value15823 Spectrum Drive 179, Addison, TX, 75001
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesBuilt-In Gas Range, Dishwasher
FlooringCarpet, Ceramic Tile, Wood
Exterior
Exterior FeaturesBalcony
Lot Size6.03 acres
Building Information
Year Built2005
Stories3
Roof Type172
Garage Spaces2
Land Information
APN10C05500002000179
SubdivisionTownhomes Of District A Ph 1-11
Land UseResidential
Legal DescriptionTOWNHOMES OF DISTRICT A PH 1-11 ALL BLKS A,B,D, & E ACS 6.029 BLDG 20 UNIT 179 CE .62% INT202400140566 DD07152024 CO-DC
Census Tract013628
Assessed Land Value$29,310
Assessed Improvement Value$455,990
Assessment Year2025
About this property
3 Story Townhome locates in the heart of Addison Cir. Open floorplan for entertaining, high ceilings, plantation shutters, blinds. Stainless Appliances, granite counters, slate floor. Master walk-in shower & jet-tub, Shower-Tub tile surround. 2 Balconies.Close to Shopping, Restaurants, Park, Dart Station, Pet friendly.
Investor Tools
$509,000
Estimated Property Value
$264,232Estimated Mortgage Balance
$244,768Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,054 /month
Positive
Cash Flow Estimate:
$1,018 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$760/month
$340/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,572
$485,300
2025
$29,310
$455,990
$485,300
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,572
$485,300
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$294,440
No
First
Jan 10, 2021
Feb 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,232
$244,768
48%
52%
$1,766/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$2,106/mo
+$614/mo
6.4%
