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$550,000

1600 Abrams Road 27, Dallas, TX, 75214

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,985 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$277.08 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Refrigerator
FlooringCeramic Tile, Hardwood, Wood

Exterior

Lot Size3.48 acres

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00C69840000500027
Lot Number1
SubdivisionStratford At Lakewood Condos
Land UseResidential
Legal DescriptionSTRATFORD AT LAKEWOOD CONDOS BLK F/1669 LT 1 ACS 3.476 BLDG 5 UNIT 27 CE%1.57 INT201700251268 DD08312017 CO-DC 1669 00F 00100
Census Tract001301
Assessed Land Value$47,540
Assessed Improvement Value$590,400
Assessment Year2025

About this property

Gorgeous luxury townhome-style living in the heart of Historic Lakewood, in a gated community. Zoned to Lakewood Elementary, this 2 bedroom, 2.5 bath, 1,985 sq ft interior unit, tucked inside the complex, greets you with a charming front porch. Once inside, you immediately notice that this beautifully updated home is filled with natural light, gleaming hardwood floors, and an open floor plan. The first floor features a gourmet kitchen with quartz countertops, stainless steel appliances, a gas cooktop, and stunning glass-front cabinetry. Also on the main level: a dining area with incredible ceiling detail, a living area with tall ceilings, a half bath, and a two-car rear-attached garage. Upstairs, a secondary loft living space makes the perfect office or den. The large luxury primary suite includes quartz counters and a spacious walk-in closet, while the split guest bedroom offers a private bath and its own generous walk-in closet. Abundant storage is found throughout, along with a full-size laundry room upstairs. Recent updates include - HVAC'24, Water Heater ' 25, fresh paint '18, kitchen and bathroom updates '24, hardwood floors '20 and '25, HOA improvements '24. Located just minutes from Lakewood's boutique shops, Whole Foods, and Mi Cocina, with easy biking access to White Rock Lake, this is an opportunity you will not want to miss.

Investor Tools

$246,464Estimated Mortgage Balance
$391,476Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,828 /month
Positive
Cash Flow Estimate:
$1,276 /month

Interested in this property?

Ashley Beane

Allie Beth Allman & Assoc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$866/month
$524/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,196
$637,940
2025
$47,540
$590,400
$637,940
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,196
$637,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$303,128
No
First
Aug 31, 2017
Sep 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,464
$391,476
61%
39%
$1,818/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
$2,342/mo
$-592/mo
3.3%

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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