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$245,000

NAL Estimated Property Value

18040 Midway Road 138, Dallas, TX, 75287

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,057 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$235.57 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Convection Oven, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built1984
Stories1
Garage Spaces1

Land Information

APNR-1246-023-1380-1
Lot Number138
SubdivisionMidway Villas (Cda)
Land UseResidential
Legal DescriptionMIDWAY VILLAS (CDA), BLDG W, UNIT 138
Census Tract031704
Assessed Land Value$75,000
Assessed Improvement Value$141,001
Assessment Year2025

About this property

Impeccably maintained 2-bedroom, 2-bath condo featuring a one-car garage plus a reserved parking space. This private, end-unit residence boasts no upstairs neighbors and has been fully upgraded with luxury vinyl plank flooring throughout. The spacious living area showcases vaulted ceilings, a cozy wood-burning fireplace, and abundant natural light streaming in through a large sliding glass door. Step outside to your charming covered patio, nestled within a fenced backyard—perfect for relaxing or entertaining. Additional highlights: Community amenities include two pools and a hot tub; Prime location near the Tollway & George Bush Highways, Addison, Legacy West, and Toyota HQ and just 4 miles from Arbor Hills Nature Preserve—ideal for nature lovers! Don’t miss this tranquil yet conveniently located home—schedule a tour today!

Investor Tools

Property Icon
$245,000
Estimated Property Value
$73,890Estimated Mortgage Balance
$171,110Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
$383/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,953
$216,001
2025
$75,000
$141,001
$216,001
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,953
$216,001

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East West Bank
Conventional
$83,000
No
First
Sep 4, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,890
$171,110
69%
30%
$498/mo

City: Dallas

18040 Midway Road 138 | Property Details | No Agent List