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$76,000

NAL Estimated Property Value

3240 Lombardy Ln # 5-215, Dallas, TX, 75220

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths594 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$116.16 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop
FlooringCarpet, Wood

Exterior

Lot Size35,239 sqft

Building Information

Year Built1981
Stories1
Roof Type105

Land Information

APN0059M660000500215
Lot Number23-24
SubdivisionWillow Wood Condos
Land UseResidential
Legal DescriptionWILLOW WOOD CONDOS BLK 13/5776 PT LOTS 23 & 24 BLDG 5 UNIT 215 & 3.371% CE VOL2003010/10676 DD01092003 CO-DC 5776 013 02300
Census Tract007204
Assessed Land Value$5,940
Assessed Improvement Value$41,580
Assessment Year2025

About this property

Charming second-floor one-bedroom condo with a cozy living area highlighted by a brick fireplace. Enjoy a delightful balcony accessible from the primary bedroom, and elegant crown molding in the living and dining areas. Hardwood floors add a touch of sophistication throughout. For added convenience, the unit includes washer and dryer connections. Perfectly situated near shopping, Stemmons Freeway, and Bachman Lake.

Investor Tools

Property Icon
$76,000
Estimated Property Value
$0Estimated Mortgage Balance
$76,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$456 /month
Positive
Cash Flow Estimate:
$152 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
$129/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,062
$47,520
2025
$5,940
$41,580
$47,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,062
$47,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank One Na
Unknown
$24,500
No
First
N/A
Aug 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$76,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$129/mo
+$1,197/mo
20.9%

City: Dallas

3240 Lombardy Ln # 5-215 | Property Details | No Agent List