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$273,951

NAL Estimated Property Value

18040 Midway Rd Apt 225, Dallas, TX, 75287

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,442 Sq Ft
price_per_sqft$173.37 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1984
Stories1
Garage Spaces1

Land Information

APNR-1423-033-2250-1
Lot Number225
SubdivisionLifescape Villas On Midway A Condominium
Land UseResidential
Legal DescriptionLIFESCAPE VILLAS ON MIDWAY A CONDOMINIUM (CDA), BLDG GG, UNIT 225
Census Tract031704
Assessed Land Value$75,000
Assessed Improvement Value$198,951
Assessment Year2025

About this property

Welcome to the beautiful Lifescape Villas Midway Complex in the heart of North Dallas! This charming 2-bedroom, 2-bath home offers an inviting open-concept layout with abundant natural light, vaulted ceilings, and modern finishes throughout. The spacious living area features a cozy fireplace and direct access to a private front yard patio—perfect for relaxing or entertaining. Both bedrooms are generously sized, with the primary suite featuring a large walk-in closet and en-suite bath. Enjoy the convenience of a quiet, well-maintained community with a sparkling pool, and fantastic location. Located just minutes from the Dallas North Tollway, President George Bush Turnpike, Addison dining, shopping, and entertainment—this condo offers comfort, style, and an unbeatable location. Move-in ready and waiting for you! 1-Car Garage and 1 outside reserved spot.

Investor Tools

Property Icon
$273,951
Estimated Property Value
$97,154Estimated Mortgage Balance
$176,797Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$422/month
$522/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,689
$273,951
2025
$75,000
$198,951
$273,951
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,689
$273,951

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$107,000
No
First
Jul 22, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,154
$176,797
64%
35%
$642/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 225 | Property Details | No Agent List