$245,000
NAL Estimated Property Value2702 Douglas Avenue 135, Dallas, TX, 75219
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Exterior FeaturesRain Gutters
Lot Size1.62 acres
Building Information
Year Built1966
Stories2
Roof Type172
Land Information
APN00000157270780000
Lot Number10-17
SubdivisionNonesuch Place Condominiums
Land UseResidential
Legal DescriptionNONESUCH PLACE CONDOMINIUMS BLDG F UNIT 135 & 2.3892889% CE BLK 1504 LTS 10 - 17 INT202400183559 DD09092024 CO-DC 1504 000
Census Tract000503
Assessed Land Value$151,830
Assessed Improvement Value$93,170
Assessment Year2025
About this property
Awesome opportunity to remodel and refurbish an original urban condo in great location. Low HOAs. 2 bed 1.5 bath, Pool, Two huge private patios, oversized picture windows, floating staircase, so much potential. This is an estate sale, the seller will make no repairs. Inspection report is in the MLS. This is priced $75K below the last 2 bed sale in this complex.
Investor Tools
$245,000
Estimated Property Value
$230,581Estimated Mortgage Balance
$14,419Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
$343/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,661
$245,000
2025
$151,830
$93,170
$245,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,661
$245,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$237,650
No
First
Sep 9, 2024
Oct 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,581
$14,419
5%
94%
$1,425/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$1,768/mo
+$402/mo
10.6%
