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Owner Contacts

$205,810

NAL Estimated Property Value

2535 Wedglea Drive 104, Dallas, TX, 75211

Off Market

2 Beds

1 Bath

928 Sq Ft

Condos / Townhouses

$159.48 / sqft

Built in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCarpet, Laminate

Exterior

Lot Size1.99 acres

Building Information

Year Built1983

Stories2

Roof Type105

Land Information

APN00C80750000A00104

Lot Number1

SubdivisionWedglea Manor Condos

Land UseResidential

Legal DescriptionWEDGLEA MANOR CONDOS BLK C/6173 LOT 1 BLDG A UNIT 104 CE 1.4510% INT201900291454 DD10252019 CO-DC 6173 00C 00100 2006173 00C

Census Tract006800

Assessed Land Value$37,780

Assessed Improvement Value$168,030

Assessment Year2025

About this property

ALL UPDATED AND MOVE-IN READY! SHOWS GREAT! New carpet and fresh paint, 2019. Spacious living room has a fireplace, a c-fan and a patio overlooking the pool. Ground floor flat unit with no stairs. New laminate flooring 2019. Kitchen has LED lighting, SS appliances and gorgeous counters. Comes with WD. Thermalpane windows = low bills for you. Outside enjoy the extra storage, a covered patio, pool and reserved covered parking.

Investor Tools

$205,810

Estimated Property Value

$305,145Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,235 /month

Positive

Cash Flow Estimate:

$412 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$98/month

$216/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$142

$205,810

2025

$37,780

$168,030

$205,810

Tax History

Year

Tax Paid

Assessed Value

2024

$142

$205,810

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

South River Mortgage Llc

Reverse Mortgage / Hecm

$315,000

First

Aug 26, 2024

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$305,145

N/A

148%

$1,889/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$2,105/mo

$-540/mo

9.1%

Learn About the Market: Opportunity in Dallas

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