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$267,000

NAL Estimated Property Value

18040 Midway Road 247, Dallas, TX, 75287

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,194 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$226.13 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesBalcony, Rain Gutters

Building Information

Year Built1984
Stories1
Garage Spaces1

Land Information

APNR-1423-040-2470-1
Lot Number247
SubdivisionLifescape Villas On Midway A Condominium
Land UseResidential
Legal DescriptionLIFESCAPE VILLAS ON MIDWAY A CONDOMINIUM (CDA), BLDG NN, UNIT 247
Census Tract031704
Assessed Land Value$75,000
Assessed Improvement Value$155,839
Assessment Year2025

About this property

Beautiful renovated 2-bedroom, 2-bath condo in a great North Dallas condo community! This home offers an open layout with high ceilings, lots of natural light, and a comfortable living area with fireplace. The kitchen has been updated with modern finishes and good storage space. Both bathrooms have been remodeled, and the upstairs loft provides extra flexibility for a home office, second living area, or guest space. The second bedroom features a balcony over looking the patio. Includes a 1-car garage refrigerator, washer and dryer. Conveniently located near major highways, shopping, and dining. Move-in ready. The HOA dues cover the water, trash and the upkeep of the community, making the new owner only responsible for electric & wifi!

Investor Tools

Property Icon
$267,000
Estimated Property Value
$197,715Estimated Mortgage Balance
$69,285Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
$432/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,742
$230,839
2025
$75,000
$155,839
$230,839
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,742
$230,839

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barrett Financial Group Llc
Conventional
$198,000
No
First
Apr 15, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,715
$69,285
25%
74%
$1,188/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 Road 247 | Property Details | No Agent List