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Owner Contacts

$573,020

1865 Summit Ave # 105, Dallas, TX, 75206

Off Market

2 Beds

2 Bath

1,524 Sq Ft

Condos / Townhouses

$301.77 / sqft

Built in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringWood

Exterior

Exterior FeaturesRain Gutters

Lot Size7,500 sqft

Building Information

Year Built2019

Stories3

Roof Type106

Garage Spaces2

Land Information

APN00C70110000000105

Lot Number4

Land UseResidential

Legal Description1865 SUMMIT CONDOS BLK 4/1987 LOT 4 UNIT 105 CE%20 INT202000153028 DD06122020 CO-DC 1987 004 00400 1DA1987 004

Census Tract001002

Assessed Land Value$75,000

Assessed Improvement Value$498,020

Assessment Year2025

About this property

New contemporary condominium development in Lower Greenville built by Conrad Homes. Featuring an ideal layout with a large kitchen, luxurious master retreat on the third floor & a rooftop terrace with amazing views of the city. Tall ceilings, hardwood floors, high-end cabinetry with quartz waterfall countertops, designer tile & lighting, & plenty of windows throughout. Each unit has an attached 2 car garage, FOAM insulation, and a private backyard. Located minutes from Lower Greenville, Knox Henderson & Downtown.

Investor Tools

$573,020

Estimated Property Value

$357,238Estimated Mortgage Balance

$256,936Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,438 /month

Positive

Cash Flow Estimate:

$1,146 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$997/month

$155/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,098

$573,020

2025

$75,000

$498,020

$573,020

Tax History

Year

Tax Paid

Assessed Value

2024

$9,098

$573,020

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Caliber Home Loans Inc

Conventional

$357,238

First

Jun 12, 2020

Jul 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$316,084

$256,936

44%

55%

$2,142/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,930/mo

$2,297/mo

$-367/mo

4.0%

Learn About the Market: Opportunity in Dallas

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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.

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