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$154,000

NAL Estimated Property Value

2505 Wedglea Dr # A-201, Dallas, TX, 75211

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths670 Sq Ft
price_per_sqft$216.4 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringLaminate, Other, Vinyl

Exterior

Lot Size5.49 acres

Building Information

Year Built1981
Stories1
Roof Type105

Land Information

APN0049M530000A00201
Lot Number1
SubdivisionWedglea Place Condominiums
Land UseResidential
Legal DescriptionWEDGLEA PLACE CONDO C#8080 UNIT 201 BLDG A &0.9307% LOT 1 WEDGLEA & BAHAMA INT202100152737 DD05212021 CO-DC 6173 000 001
Census Tract006800
Assessed Land Value$66,770
Assessed Improvement Value$87,230
Assessment Year2025

About this property

Luxuriously Updated 1 Bed, 1 Bath Condo--Upstairs corner unit with a treehouse view. Urban Oasis Just Minutes from Downtown – Welcome to your own private retreat in the city! This beautifully updated 1-bedroom, 1-bath condo blends luxury, comfort, and convenience in a serene, tree-lined community just 5.3 miles from downtown Dallas. Recently replaced AC and water heater. Step inside and be greeted by an open-concept layout that feels both spacious and inviting. The updated kitchen features solid surface countertops, and white European styled cabinetry — perfect for everyday living or entertaining guests. Unwind in front of the cozy wood-burning fireplace during cool winter nights, or step outside to your tranquil balcony surrounded by trees. — In the summer, cool off in the sparkling community pool located just steps from your front door. Located just 3 miles from the vibrant Bishop Arts District, you’re minutes from unique shops, diverse dining, and exciting nightlife. Love the outdoors? Stevens Park Golf Course is a short stroll away, and the popular Coombs Creek Trail — perfect for biking, jogging, or leisurely walks — is just over a mile from your door. A brand-new Sprouts Market just opened, adding even more convenience. Enjoy true peace of mind with a well-established HOA that covers exterior maintenance, structural insurance, lush landscaping, water, sewer, trash, and pool upkeep. All that’s left for you to do is relax and enjoy. The nearby parks and trails are perfect for your four legged friends. Whether you’re looking for a full-time residence or a low-maintenance getaway close to the heart of the city, this condo offers it all. Come experience the perfect blend of luxury, nature, and urban convenience — schedule your private tour today! (may be eligible for special CRA financing through multiple lenders)

Investor Tools

Property Icon
$154,000
Estimated Property Value
$122,873Estimated Mortgage Balance
$31,127Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$924 /month
Positive
Cash Flow Estimate:
$308 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
$328/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,442
$154,000
2025
$66,770
$87,230
$154,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,442
$154,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Simple Inc
Conventional
$135,850
No
First
May 21, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,873
$31,127
20%
80%
$815/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$1,143/mo
+$183/mo
10.3%

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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2505 Wedglea Dr # A-201 | Property Details | No Agent List