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Owner Contacts

$92,000

NAL Estimated Property Value

3022 Forest Lane 409, Dallas, TX, 75234

Off Market

1 Beds

1 Bath

552 Sq Ft

$123.19 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Electric Oven, Microwave

FlooringCarpet, Vinyl

Exterior

Lot Size1.98 acres

Building Information

Year Built1982

Stories1

Roof Type105

Land Information

APN00C22450000D00409

Lot Number24

SubdivisionForest West Condominiums

Land UseResidential

Legal DescriptionFOREST WEST CONDOMINIUMS BLK B/6595 LOT 24 BLDG D UNIT 409 CE 1.1391% INT202000336517 DD11302020 CO-DC 6595 00B 02400 1006595

Census Tract009611

Assessed Land Value$19,640

Assessed Improvement Value$67,190

Assessment Year2025

About this property

Price reduced Nice freshly painted one bedroom is comfortable and affordable. Nice sized living, dining, and Kitchen. Kitchen includes oven, dishwasher and microwave. Fireplace in the living room. Good upstairs master with bathroom. There is a sitting area with storage. While there are HOA fees, they cover water and trash some landscaping and common area care. See to appreciate. This is a cash only listing

Investor Tools

$92,000

Estimated Property Value

$0Estimated Mortgage Balance

$92,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$552 /month

Positive

Cash Flow Estimate:

$184 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$200/month

$205/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,941

$86,830

2025

$19,640

$67,190

$86,830

Tax History

Year

Tax Paid

Assessed Value

2024

$1,941

$86,830

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$92,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,340/mo

$205/mo

+$1,135/mo

17.5%

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