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$240,000

NAL Estimated Property Value

18040 Midway Rd Apt 173, Dallas, TX, 75287

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,057 Sq Ft
price_per_sqft$263.95 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool

Building Information

Year Built1984
Stories1
Garage Spaces1

Land Information

APNR-1246-011-1730-1
Lot Number173
SubdivisionMidway Villas (Cda)
Land UseResidential
Legal DescriptionMIDWAY VILLAS (CDA), BLDG K, UNIT 173
Census Tract031704
Assessed Land Value$75,000
Assessed Improvement Value$152,434
Assessment Year2025

About this property

Freshly done in Collin County with new paint and laminates. Great complex located in Collin County with top schools. Each bedroom has a walk in shower. Fireplace in living. Small but very private outdoor patio. Garage plus uncovered parking spot. Also has visitor parking close by for guests.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$145,969Estimated Mortgage Balance
$94,031Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
$305/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,085
$227,434
2025
$75,000
$152,434
$227,434
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,085
$227,434

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nmsi Inc
Conventional
$155,000
No
First
Mar 20, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,969
$94,031
39%
61%
$930/mo

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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18040 Midway Rd Apt 173 | Property Details | No Agent List