$1,291,680
NAL Estimated Property Value3209 Armstrong Avenue 11, Dallas, TX, 75205
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Wood
Exterior
Lot Size40,500 sqft
Building Information
Year Built1981
Stories2
Roof Type172
Garage Spaces2
Land Information
APN0019O990000B00011
Lot Number9-11
SubdivisionArmstrong Ave Condo
Land UseResidential
Legal DescriptionARMSTRONG AVE CONDO BLK I/1531 LOTS 9, 10 & 11 BLDG B UNIT 11 & 7.143017% CE INT202100160559 DD05282021 CO-DC 1531 00I 00900
Census Tract000705
Assessed Land Value$303,760
Assessed Improvement Value$987,920
Assessment Year2025
About this property
Designed by the noted architect Bud Oglesby, 3209 Armstrong presents a rare opportunity to own an exceptional home perfectly updated with an artistic sensibility. Stylish features abound from the barrel-vault passage into the soaring living room living room with fireplace wall to the distinctive tiled island kitchen to the lovely owner's suite with marble bath featuring an over-sized rainhead shower to the cozy study. This special contemporary near both Knox Street and the Katy Trail is a dream.
Investor Tools
$1,291,680
Estimated Property Value
$731,093Estimated Mortgage Balance
$560,587Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,750 /month
Positive
Cash Flow Estimate:
$2,583 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,064/month
$3,660/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,306
$1,291,680
2025
$303,760
$987,920
$1,291,680
No
Tax History
Year
Tax Paid
Assessed Value
2024
$18,306
$1,291,680
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$828,000
No
First
Aug 20, 2021
Sep 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$731,093
$560,587
43%
57%
$3,165/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$6,825/mo
$-4,625/mo
2.0%
