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Owner Contacts

$432,000

NAL Estimated Property Value

3235 Cole Avenue 605, Dallas, TX, 75204

Off Market

2 Beds

3 Bath

1,678 Sq Ft

Condos / Townhouses

$199.58 / sqft

Built in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator

FlooringCarpet, Wood

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size1.25 acres

Building Information

Year Built1985

Stories3

Roof Type105

Garage Spaces1

Land Information

APN00C82680000B00605

Lot Number10-13

SubdivisionWoodshire Court Condos

Land UseResidential

Legal DescriptionWOODSHIRE COURT CONDOS BLK 13/969 LTS 10-13 ACS 1.248 BLDG B UNIT 605 CE 3.619% INT202300143088 DD07182023 CO-DC 0969 013 010

Census Tract001801

Assessed Land Value$245,940

Assessed Improvement Value$144,060

Assessment Year2025

About this property

With an acceptable offer, SELLER will pay BUYER'S HOA dues for 1 year! THE LOCATION EVERYONE WANTS! Footsteps from West Village, Uptown, Katy Tr, McKinney Ave & Turtle Creek. Soaring ceilings & windows galore. Fireplace too! Two master suites located on 2nd & 3rd floors with ensuite baths-- great for room mates. French doors lead to private balcony. Kitchen updates: SS appliances, granite, wet bar. Wood floors! Carpet just installed 12.2018. Private iron gated courtyard entry. Coveted Woodshire Court condos offer a leafy green surrounding with city life. Shady treed entertaining common area & pool! One car garage with great storage & 1 car attached covered pking. Unit located on quiet W side of complex.

Investor Tools

$432,000

Estimated Property Value

$256,020Estimated Mortgage Balance

$175,980Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,592 /month

Positive

Cash Flow Estimate:

$864 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$913/month

$469/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,797

$390,000

2025

$245,940

$144,060

$390,000

Tax History

Year

Tax Paid

Assessed Value

2024

$8,797

$390,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Luminate Home Loans Inc

Conventional

$270,000

First

Jul 18, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$256,020

$175,980

40%

59%

$1,619/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,350/mo

$2,088/mo

+$262/mo

6.5%

Learn About the Market: Opportunity in Dallas

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