NoAgentList RatingHow are grades calculated?

1view

$229,000

3011 Mahanna Springs Drive A, Dallas, TX, 75235

Off Market

2 Beds

2 Bath

1,174 Sq Ft

Condos / Townhouses

$195.06 / sqft

Built in 1962

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCeramic Tile, Wood

Exterior

Private Pool

Lot Size4.17 acres

Building Information

Year Built1962

Stories1

Roof Type105

Land Information

APN00000212861460000

SubdivisionTanglewood Townhomes

Land UseResidential

Legal DescriptionTANGLEWOOD TOWNHOMES CONDOS BLKS 2345 & 2346 ACS 4.166 BLDG E UNIT 3011A & 1.330925% CE INT202500085484 DD04252025 CO-DC 2345

Census Tract000408

Assessed Land Value$96,620

Assessed Improvement Value$153,150

Assessment Year2025

About this property

MULTIPLE OFFERS - HIGHEST & BEST BY 5PM ON WED (02-02-22). Beautifully updated 2BR-2BA-1174sqft condo, located in the Oak Lawn Heights neighborhood. This fantastic condo has been extensively re-configured with all modern conveniences. The white cabinet kitchen has Dolomite Brazilian Arabescato countertops with white subway tile backsplash. Don't miss out on these 2 spa-like bathrooms & generous-sized bedrooms. This condo offers updated kitchen, bathrooms, electrical, plumbing, lighting (including recessed), refinished hardwoods, windows, museum finished walls, full-size side-by-side w&d connections, air handler & much more. 1 covered & 1 uncovered parking. MUST SEE

Investor Tools

$249,770

Estimated Property Value

$0Estimated Mortgage Balance

$249,770Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,499 /month

Positive

Cash Flow Estimate:

$500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$421/month

$508/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,802

$249,770

2025

$96,620

$153,150

$249,770

Tax History

Year

Tax Paid

Assessed Value

2024

$3,802

$249,770

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$249,770

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,700/mo

$508/mo

+$1,192/mo

8.2%

Learn About the Market: Opportunity in Dallas

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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.

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