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$248,960

NAL Estimated Property Value

2505 Wedglea Dr # D-235, Dallas, TX, 75211

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths943 Sq Ft
price_per_sqft$227.99 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringLaminate, Vinyl, Other

Exterior

Exterior FeaturesRain Gutters
Lot Size5.49 acres

Building Information

Year Built1981
Stories1
Roof Type105

Land Information

APN0049M530000D00235
SubdivisionWedglea Place Condominiums
Land UseResidential
Legal DescriptionWEDGLEA PLACE CONDO C#8080 UNIT 235 BLDG D & 1.3099% CE INT202400086129 DD04262024 CO-DC 6173 000 001 2006173 000
Census Tract006800
Assessed Land Value$93,870
Assessed Improvement Value$155,090
Assessment Year2025

About this property

Nestled in the tree tops, this spectacular 2 Bed 2 Bath Condo is move in ready! The immaculate home lends itself to entertaining with a large balcony, a cozy wood burning fireplace and an open concept plus a well appointed kitchen. The pride of ownership shows in every corner. New rear windows and a sliding door were added in 2021 to frame the beautiful Tree Lined patio. Love Bishop Arts? It's just a little over 2 Miles away to the heart of shopping, dining and vibrant nightlife. Steven's Golf Course is just a block away. Oak Cliff's first full Starbucks is under construction just a walk up the hill. (1 Mi) The Coombs Creek Trail popular for biking, jogging and strolling is just a little over a mile away as well. Downtown Dallas is only 5.5 miles away. The AC 2023. HOA replaced roof 2022 per owner. This HOA is well established and takes care of water, sewer, trash and grounds maintenance as well as exterior items such as foundation and roof.

Investor Tools

Property Icon
$248,960
Estimated Property Value
$205,976Estimated Mortgage Balance
$42,984Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
$341/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,564
$248,960
2025
$93,870
$155,090
$248,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,564
$248,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$214,000
No
First
Apr 26, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,976
$42,984
17%
83%
$1,284/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,625/mo
$-60/mo
7.5%

Learn About the Market: Opportunity in Dallas

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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 # D-235 | Property Details | No Agent List