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Owner Contacts

$156,000

NAL Estimated Property Value

3012 Mahanna Springs Drive 3012C, Dallas, TX, 75235

Off Market

1 Beds

1 Bath

668 Sq Ft

Condos / Townhouses

$178.14 / sqft

Built in 1962

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Microwave

FlooringCeramic Tile

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size4.17 acres

Building Information

Year Built1962

Stories1

Roof Type105

Land Information

APN00000212860980000

SubdivisionTanglewood Townhomes

Land UseResidential

Legal DescriptionTANGLEWOOD TOWNHOMES CONDOS BLKS 2345 & 2346 ACS 4.166 BLDG D UNIT 3012C CE .781935% INT201800294606 DD10312018 CO-DC 2345

Census Tract000408

Assessed Land Value$56,760

Assessed Improvement Value$86,460

Assessment Year2025

About this property

Nicely updated upstairs condo in Tanglewood overlooking the landscaped pool with water features. Lots of updates make this home a winner. Wood look Ceramic tile floors, replaced windows, recessed lighting, crown moulding, stainless appliances in the kitchen, walk in closet, and covered parking too. Front and back entrances to the home. Lush landscaped grounds on the creek are a relaxing respite from the city hustle and bustle. HOA includes All Utilities! Convenient access to UTSW, Design District, Love Field and Uptown.

Investor Tools

$156,000

Estimated Property Value

$99,360Estimated Mortgage Balance

$56,640Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$936 /month

Positive

Cash Flow Estimate:

$312 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$179/month

$268/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,368

$143,220

2025

$56,760

$86,460

$143,220

Tax History

Year

Tax Paid

Assessed Value

2024

$1,368

$143,220

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gateway First Bank

Conventional

$113,715

First

Dec 31, 2019

Feb 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$99,360

$56,640

36%

64%

$682/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,440/mo

$950/mo

+$490/mo

11.1%

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