1view

$115,000

2505 Wedglea Drive 125, Dallas, TX, 75211

Off Market

1 Beds

1 Bath

670 Sq Ft

Condos / Townhouses

$171.64 / sqft

Built in 1981

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Electric Water Heater

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Lot Size5.49 acres

Building Information

Year Built1981

Stories1

Roof Type105

Land Information

APN0049M530000E00125

Lot Number1

SubdivisionWedglea Place Condo C#8080

Land UseResidential

Legal DescriptionWEDGLEA PLACE CONDO C#8080 UNIT 125 BLDG E & .9307% CE BLK 6173 LT 1 INT201900144645 DD06052019 CO-DC 6173 000 001 2006173

Census Tract006800

Assessed Land Value$66,770

Assessed Improvement Value$87,230

Assessment Year2025

About this property

Beautiful first floor condo on the end unit with views of Stevens Park Golf course. One bedroom one bath unit has lots of natural light and open concept floorplan. Recently renovated including a custom mantle that hides all of your cords for your television. Very quiet community with meticulous landscaping. HOA includes pool, water, sewer and trash pick up. Very close to the Bishop Arts area with all the restaurants and bars. Great location close to 30 in Hampton with great downtown views in the area.

Investor Tools

$154,000

Estimated Property Value

$0Estimated Mortgage Balance

$154,000Estimated Equity

100% 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

$258/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

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$154,000

100%

0%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,326/mo

$258/mo

+$1,068/mo

10.3%

Learn About the Market: Opportunity in Dallas

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