23Days on Market

1view

$2,000

2503 Tierra 1, Irving, TX, 75038

On Market

Lease

2 Beds

3 Bath

1,135 Sq Ft

Condos / Townhouses

$1.76 / sqft

Built in 1981

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator

FlooringCarpet, Vinyl

Exterior

Private Pool

Exterior FeaturesPrivate Yard

Lot Size25.76 acres

Building Information

Year Built1981

Stories2

Roof Type104

Land Information

APN3225759000AB00001

SubdivisionLas Brisas Hills Condominiums

Land UseResidential

Legal DescriptionLAS BRISAS HILLS CONDOMINIUMS LAS BRISAS 2ND REV AMND AC25.7804 BLDG AB UNIT 1 & CE .3027% INT202100276605 DD09132021 CO-DC

Census Tract014310

Assessed Land Value$40,800

Assessed Improvement Value$220,250

Assessment Year2025

About this property

Beautifully updated condo in the highly desirable North Irving–Las Colinas area! This move-in ready 2-bedroom, 2.5-bath home offers 1,135 sq ft of stylish living space with TWO assigned covered parking spaces conveniently located directly in front of the unit. Features include, luxury vinyl plank flooring, updated bathrooms with granite countertops, geometric tile, designer lighting, and spacious bedrooms with walk-in closets and private en-suite baths. Major updates include dual-zone HVAC systems replaced in 2019 & 2020 and water heater installed in 2022. Full-size washer, dryer, and refrigerator are included. Enjoy a private fenced yard perfect for relaxing or entertaining. HOA includes 2 sparkling pools, amenities center, and INCLUDES internet, wifi, monitored security system, water, sewer, trash, and gated access entry gates. Conveniently located near shopping, dining, entertainment, and major highways—this one is a must see! Shorter term lease of 3-6 months available at a premium.

Interested in this property?

Stephanie Sinclair

Keller Williams Realty-FM

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$289/month

$352/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,160

$261,050

2025

$40,800

$220,250

$261,050

Tax History

Year

Tax Paid

Assessed Value

2025

$2,160

$261,050

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mid-American Mortgage Inc

Fha

$196,377

Yes

First

Sep 13, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$185,943

$75,107

28%

71%

$1,229/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,660/mo

$1,581/mo

+$79/mo

7.6%

Learn About the Market: Opportunity in Texas

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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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