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$425,000

NAL Estimated Property Value

3235 Cole Avenue 405, Dallas, TX, 75204

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,678 Sq Ft
price_per_sqft$193.68 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Other, Wine Cooler
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1.25 acres

Building Information

Year Built1985
Stories3
Roof Type105
Garage Spaces1

Land Information

APN00C82680000B00405
Lot Number10
SubdivisionWoodshire Court Condos
Land UseResidential
Legal DescriptionWOODSHIRE COURT CONDOS BLK 13/969 LTS 10-13 ACS 1.248 BLDG B UNIT 405 CE 3.619% INT201900308167 DD11132019 CO-DC 0969 013 010
Census Tract001801
Assessment Year2025

About this property

Located in the heart of Uptown, this spacious 3 level condo is conveniently located within walking distance to the Katy Trail, McKinney Ave, & the shops & restaurants in West Village. Boasting an open floor plan, vaulted ceilings & private balcony, this home is perfect for entertaining. Other features include hardwood floors throughout, granite countertops in kitchen, large kitchen island with built-in under-counter fridge with beer taps (could also easily be removed), & both HVAC units recently replaced. Priced almost 30k under tax value, and next door unit of same size with updated baths sold off market recently for around 400k. SELLER TO PAY 3 MONTHS HOA FEES AT CLOSING.

Investor Tools

Property Icon
$425,000
Estimated Property Value
$197,429Estimated Mortgage Balance
$227,571Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
$469/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,623
$390,000
2025
N/A
N/A
$390,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,623
$390,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Conventional
$220,000
No
First
Jan 8, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,429
$227,571
53%
46%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,350/mo
$1,789/mo
+$561/mo
6.6%

City: Dallas

3235 Cole Avenue 405 | Property Details | No Agent List