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$253,010

NAL Estimated Property Value

2505 Wedglea Dr # E-127, Dallas, TX, 75211

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths958 Sq Ft
price_per_sqft$266.18 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureOff-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 Range, Microwave, Refrigerator
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size5.49 acres

Building Information

Year Built1981
Stories1
Roof Type105

Land Information

APN0049M530000E00127
SubdivisionWedglea Place Condo C#8080
Land UseResidential
Legal DescriptionWEDGLEA PLACE CONDO C#8080 BLK 6173 BLDG E UNIT 127 & 1.3308% CE INT202300091969 DD05092023 CO-DC 6173 000 001 2006173 000
Census Tract006800
Assessed Land Value$95,450
Assessed Improvement Value$157,560
Assessment Year2025

About this property

Completely renovated and updated condo located in the exclusive Wedglea Enclave with park setting and direct access to Stevens Park Golf Course. Every aspect of this unit was not left untouched including Low-E windows and updated HVAC, electrical box, all surfaces, baths and gourmet kitchen. Photos speak for themselves in this quiet complex just a few miles from downtown Dallas. Solid surface countertops, stainless appliances, luxury baths, Park Like Setting backyard with shaded tree canopy and walkable neighborhood shopping. This ground level condo offers a unique and amazing appeal!

Investor Tools

Property Icon
$253,010
Estimated Property Value
$231,168Estimated Mortgage Balance
$21,842Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,655
$253,010
2025
$95,450
$157,560
$253,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,655
$253,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$244,625
No
First
May 9, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,168
$21,842
8%
91%
$1,467/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,807/mo
$-242/mo
7.4%

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 # E-127 | Property Details | No Agent List