$240,000
NAL Estimated Property Value2302 Northlake Court, Irving, TX, 75038
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size4,312 sqft
Building Information
Year Built1983
Stories2
Roof Type105
Land Information
APN322555100A0370000
Lot Number37
SubdivisionLakeside Landing Townhomes
Land UseResidential
Legal DescriptionLAKESIDE LANDING TOWNHOMES BLK A LT 37 INT202100321771 DD10122021 CO-DC 2555100A03700 2CI2555100A
Census Tract014310
Assessed Land Value$50,000
Assessed Improvement Value$146,450
Assessment Year2025
About this property
Charming two bedroom one and a half townhome located in a gated community which has a pool and a private canal. This home features wood floors through out the downstairs, a lovely fireplace which will keep you nice and warm in our cold winters. Nice canal views from the living room and your private patio as well as the primary bedroom which also had a fireplace. Close to major highways and easy commute to the airport.
Investor Tools
$240,000
Estimated Property Value
$174,846Estimated Mortgage Balance
$65,154Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
$231/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,440
$196,450
2025
$50,000
$146,450
$196,450
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,440
$196,450
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Stand Alone First / Home Equity First Lien
$191,468
No
First
Oct 2, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,846
$65,154
27%
73%
$1,148/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,379/mo
+$281/mo
8.3%
