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B+
NoAgentList RatingHow are grades calculated? Info

$743,340

1851 Summit Avenue 4, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,082 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$280.98 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size15,000 sqft

Building Information

Year Built2016
Stories3
Roof Type106
Garage Spaces2

Land Information

APN00C7014000000001C
Lot Number10
Land UseResidential
Legal Description1851-1847 SUMMIT AVENUE CONDOS BLK 4/1987 LOT 10 UNIT 1C CE%12.368 INT202500115197 DD06032025 CO-DC 1987 004 01000 1DA1987
Census Tract001002
Assessed Land Value$92,760
Assessed Improvement Value$650,580
Assessment Year2025

About this property

Modern sophisticated 3 bedroom End Unit with enormous Rooftop deck overlooking the Dallas skyline. Prime Lower Greenville Knox- Henderson location. Architectural staircase with soaring floor to ceiling glass connects the indoor floors and floods with natural light. High ceilings, large open living floor plan, stone fireplace, & covered balcony. Bright kitchen with Quartz counters, SS Appliances, & large breakfast bar. Master Suite has a Spa Like Bathroom and Walk-in closet. 2 guest suites with private baths, one with Murphy bed. Remote electric shades, oversized utility rm, & many upgrades. Trex Rooftop deck with multiple seating areas and planters perfect for entertaining. Large fenced in corner private yard.

Investor Tools

Property Icon
$743,340
Estimated Property Value
$0Estimated Mortgage Balance
$305,511Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,460 /month
Positive
Cash Flow Estimate:
$1,487 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,694/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,614
$743,340
2025
$92,760
$650,580
$743,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,614
$743,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$445,000
No
First
Jun 2, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$437,829
$305,511
41%
59%
$2,668/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$2,893/mo
$-463/mo
3.9%

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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1851 Summit Avenue 4 | Property Details | No Agent List