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Owner Contacts

$505,000

NAL Estimated Property Value

1600 Abrams Road 21, Dallas, TX, 75214

Off Market

2 Beds

3 Bath

1,917 Sq Ft

$195.57 / sqft

Built in 2005

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater, Wine Cooler

FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size3.48 acres

Building Information

Year Built2005

Stories3

Roof Type105

Garage Spaces2

Land Information

APN00C69840000100021

Lot Number1

SubdivisionStratford At Lakewood

Land UseResidential

Legal DescriptionSTRATFORD AT LAKEWOOD BLK F/1669 LT 1 ACS 3.476 BLDG 1 UNIT 21 CE 1.68% INT202200237565 DD09012022 CO-DC 1669 00F 00100

Census Tract001301

Assessed Land Value$50,880

Assessed Improvement Value$451,350

Assessment Year2025

About this property

Pristine 2 bedroom condo perfectly situation in the heart of Lakewood! This gated community is zoned for Lakewood Elementary School and is near Lakewood Shopping Center, Santa Fe Trail, White Rock Lake, and Lakewood Country Club. Huge gourmet kitchen with granite, stainless appliances, gas range, under cabinet lighting, coffee bar and wine fridge. Spacious living with an open floor plan, hardwood floors, vaulted ceilings, a second living area upstairs and a large master suite with sitting area and walk-in closet. Covered back patio overlooks immaculate grounds. 2 car attached garage with storage rack system. This unit is very close to visitor parking for guests. Convenient to downtown Dallas. A Must See!

Investor Tools

$505,000

Estimated Property Value

$410,942Estimated Mortgage Balance

$94,058Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,030 /month

Positive

Cash Flow Estimate:

$1,010 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$758/month

$307/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,566

$502,230

2025

$50,880

$451,350

$502,230

Tax History

Year

Tax Paid

Assessed Value

2024

$6,566

$502,230

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Conventional

$441,000

First

Sep 1, 2022

Oct 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$410,942

$94,058

18%

81%

$2,645/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,750/mo

$2,952/mo

$-1,202/mo

4.2%

Learn About the Market: Opportunity in Dallas

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