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$275,000

2264 Colony Ct, Dallas, TX, 75235

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,148 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$239.55 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
FlooringCeramic Tile, Wood

Exterior

Lot Size2,280 sqft

Building Information

Year Built1984
Stories2
Roof Type105

Land Information

APN00000335280500000
Lot Number16
SubdivisionThe Courts Townhouses
Land UseResidential
Legal DescriptionCOURTS TOWNHOUSES THE BLK D/4708 LOT 16 INT201600117699 DD04082016 CO-DC 4708 00D 01600 1004708 00D
Census Tract000410
Assessed Land Value$45,000
Assessed Improvement Value$206,510
Assessment Year2025

About this property

Positioned in a prime location near Dallas Love Field, this well-appointed townhome offers exceptional convenience just minutes from the Dallas Medical District, Uptown Dallas, and Cedar Springs. This thoughtfully updated two-bedroom, one-and-a-half bath residence features engineered hardwood flooring, decorative lighting, and a functional, open layout designed for comfortable living. The kitchen is enhanced with quartz countertops and stainless steel appliances, and the home includes a refrigerator, washer, and dryer for added convenience. Both the front and private backyard have been upgraded with low-maintenance turf, creating ideal outdoor spaces for relaxing or entertaining. All major systems and appliances—including HVAC and the water heater—are electric, offering efficiency and simplicity. With no HOA and an unbeatable location, this property presents an outstanding opportunity for both homeowners and investors seeking value in one of Dallas’ most accessible corridors.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$0Estimated Mortgage Balance
$272,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,803
$251,510
2025
$45,000
$206,510
$251,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,803
$251,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$100,800
No
First
Apr 28, 2016
May 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,198
$203,802
72%
29%
$605/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$605/mo
+$1,095/mo
7.5%

Learn About the Market: Opportunity in Dallas

Local Market Pages
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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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2264 Colony Ct | Property Details | No Agent List