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$749,000

1919 Summit Ave Unit 2, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,035 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$368.06 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size38,250 sqft

Building Information

Year Built2015
Stories3
Roof Type172
Garage Spaces2

Land Information

APN00C01470191900018
Land UseResidential
Legal DescriptionALTA SUMMIT TOWNHOMES BLK 2/1974 LTS 8,10,12&14A BLDG 1919 UNIT 18 CE%5 INT202300251558 DD12142023 CO-DC 1984 002 14A00
Census Tract001002
Assessed Land Value$95,630
Assessed Improvement Value$604,370
Assessment Year2025

About this property

Welcome to the epitome of urban living in Dallas.This contemporary 3-bedroom condo,built in 2015 by LeComte Homes, offers the perfect blend of style, convenience, and comfort.Located in a gated complex, just steps away from the vibrant Lower Greenville Avenue, this home boasts superior walkability(86 WalkScore) to numerous restaurants, shops, and Trader Joes.Enjoy your own oasis with a private turfed yard-perfect for relaxation or entertainment.The primary bedroom and a secondary bedroom are located on the third floor along with a small den area that is currently being used as a gym.The primary bedroom features a generous sized walk in closet, dual sinks, as well as a separate shower and tub.The kitchen and main living area is located on the second level as well as another bedroom or office with full bath.In addition to the backyard space this home features 2 additional balconies on both the 2nd and 3rd levels.Beautiful wood floors and a well appointed kitchen seal the deal.

Investor Tools

Property Icon
$700,000
Estimated Property Value
$554,250Estimated Mortgage Balance
$170,022Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,366/month
$2,960/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,891
$700,000
2025
$95,630
$604,370
$700,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,891
$700,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$554,250
No
First
Dec 14, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$529,978
$170,022
24%
76%
$3,324/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$6,284/mo
$-4,354/mo
3.3%

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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1919 Summit Ave Unit 2 | Property Details | No Agent List