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B+
NoAgentList RatingHow are grades calculated? Info

$494,000

18123 Frankford Lakes Cir, Dallas, TX, 75252

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,251 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$221.9 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Refrigerator

Exterior

Lot Size1,918 sqft

Building Information

Year Built2001
Stories3
Roof Type105
Garage Spaces3

Land Information

APNR-4614-00E-0050-1
Lot Number5
SubdivisionFrankford Lake Addition (Cda)
Land UseResidential
Legal DescriptionFRANKFORD LAKE ADDITION (CDA), BLK E/8736, LOT 5
Census Tract031716
Assessed Land Value$145,000
Assessed Improvement Value$340,511
Assessment Year2025

About this property

REDUCED TO SELL! This one is amazing from the moment you arrive. A secured Grand Entry gate sets the tone for a remarkable tour of this elegant breathtaking beauty. The split floor plan sets the master suite on its own floor with a large walk-in closet, a double sink, separate glass shower and jetted tub! The bonus room could serve as a bedroom as there is a closet and a powder room. From the bonus room there is access to breath taking views of the sunrise and sunset from the 3rd floor balcony. The kitchen has all stainless and black appliances that remain, Granite countertops, an island to prepare delicious foods, and all white modern cabinets. The wall of windows in the living room brings lots of natural lighting. You will also find custom built-in shelving with lighting, and a cozy decorative fireplace. There is a patio area on each floor. The garage flooring is completed with gorgeous stone. Tranquil pond area, 1 heated and spa, and dog areas. New roof 2023. This is a MUST SEE!

Investor Tools

Property Icon
$494,000
Estimated Property Value
$388,400Estimated Mortgage Balance
$118,352Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,997 /month
Positive
Cash Flow Estimate:
$999 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,307
$485,511
2025
$145,000
$340,511
$485,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,307
$485,511

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Link
Conventional
$388,400
No
First
Jul 9, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$375,648
$118,352
23%
76%
$2,329/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,220/mo
$2,529/mo
$-309/mo
5.4%

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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18123 Frankford Lakes Cir | Property Details | No Agent List