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Owner Contacts

$355,000

NAL Estimated Property Value

3208 Cole Avenue 1209, Dallas, TX, 75204

Off Market

2 Beds

2 Bath

1,048 Sq Ft

Condos / Townhouses

$293.42 / sqft

Built in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

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

FlooringCeramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Rain Gutters, Lighting

Lot Size1.42 acres

Building Information

Year Built1984

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00C05640000A01209

Lot Number1A

SubdivisionBois Du Chene

Land UseResidential

Legal DescriptionBOIS DU CHENE BLK 12/970 LT 1A ACS 1.418 BLDG A UNIT 1209 CE 1.751% INT202100176090 DD06092021 CO-DC 0970 012 01A 1000970 012

Census Tract001801

Assessed Land Value$135,190

Assessed Improvement Value$200,170

Assessment Year2025

About this property

Location! Stunningly renovated! BEST location in complex. Quiet, pool view and NO one above! Sleek open condo concept ideal during Covid-19 times with outdoor entrance to the condo. Elevator to 2nd floor and to gated parking garage. SS appliances, cabinet lighting, decorator pendant lights, touch faucet, glass cabinet front doors, remote control garbage disposal control. Two fireplaces! Custom storage system in living room. Oak floors, room for full size washer + dryer and storage in hall laundry closet. Nest thermostat. Tankless water heater! Overlooks the pool. Katy Trail, restaurants, shopping, trolley! Uptown! Gated. Great for roommates. Elevator from remote control gated garage. No condo located above!

Investor Tools

$355,000

Estimated Property Value

$257,415Estimated Mortgage Balance

$97,585Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,130 /month

Positive

Cash Flow Estimate:

$710 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$773/month

$388/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,495

$335,360

2025

$135,190

$200,170

$335,360

Tax History

Year

Tax Paid

Assessed Value

2024

$7,495

$335,360

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$284,050

First

Jun 9, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$257,415

$97,585

27%

73%

$1,704/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,350/mo

$2,092/mo

+$258/mo

7.9%

Learn About the Market: Opportunity in Dallas

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