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$216,690

NAL Estimated Property Value

2408 Northlake Ct, Irving, TX, 75038

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,029 Sq Ft
price_per_sqft$203.98 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave, Refrigerator
FlooringLaminate, Vinyl, Other

Exterior

Exterior FeaturesPrivate Yard
Lot Size2,420 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN322555100A0200000
Lot Number20
SubdivisionLakeside Landing Townhomes
Land UseResidential
Legal DescriptionLAKESIDE LANDING TOWNHOMES BLK A LT 20 INT202400082906 DD04232024 CO-DC 2555100A02000 2CI2555100A
Census Tract014310
Assessed Land Value$50,000
Assessed Improvement Value$166,690
Assessment Year2025

About this property

Welcome to 2408 Northlake! Both living room floor and foundation have been FIXED! This charming townhome resides in a gated community and has 2 bedrooms, 1.5 bath with over 1,000sqft of living space. Upon arrival, you'll be greeted with a private courtyard with plenty of space for entertainment. As you step inside, the floor plan showcases a spacious living area filled with natural light that leads to the main floors kitchen, living and dining area. The living room features a cozy fireplace that ties in with the kitchen and dining area. Upstairs is the primary bedroom that offers a peaceful retreat with an en-suite bathroom that includes both shower and bath with the secondary bathroom as well. Your backyard is quaint without neighbors on top of you but instead a beautiful water canal. Schedule your showing today!

Investor Tools

Property Icon
$216,690
Estimated Property Value
$201,438Estimated Mortgage Balance
$15,252Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,300 /month
Positive
Cash Flow Estimate:
$433 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,129
$216,690
2025
$50,000
$166,690
$216,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,129
$216,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Fha
$205,181
Yes
First
Apr 23, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,438
$15,252
7%
93%
$1,256/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,706/mo
$-46/mo
9.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Irving

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2408 Northlake Ct | Property Details | No Agent List