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$1,074,150

NAL Estimated Property Value

3401 Lee Parkway 1903, Dallas, TX, 75219

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,310 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$476.19 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Microwave, Convection Oven, Vented Exhaust Fan
FlooringHardwood, Simulated Wood, Tile

Exterior

Exterior FeaturesBalcony
Lot Size1.96 acres

Building Information

Year Built1998
Stories1
Roof Type172
Garage Spaces2

Land Information

APN00C45550000001903
Lot Number1C
SubdivisionMayfair At Turtle Creek Condos
Land UseResidential
Legal DescriptionMAYFAIR AT TURTLE CREEK CONDOS BLK 1/1041 LT 1C ACS 1.9634 UNIT 1903 CE 0.7269% INT202400061122 DD03262024 CO-DC 1041 001 01C
Census Tract000605
Assessed Land Value$77,720
Assessed Improvement Value$996,430
Assessment Year2025

About this property

Sophistication in the sky with a park below. Only at the Mayfair can one enjoy the Turtle Creek Greenbelt, the grounds of Oak Lawn Park and Arlington Hall and enjoy a “million dollar” view of the Downtown-Uptown skyline. This sophisticated unit has open space living dining and kitchen, affording the view to virtually every room. 2 bedrooms ensuite, a beautifully updated kitchen, a study nestled upon entry, a full-sized laundry room and a brilliant blue powder room provide the perfect package. The kitchen includes a Subzero refrigerator-freezer, Kitchen Aid dishwasher and a Bertazzoni Italia commercial chef’s stove! Crisp white walls contribute to the serene setting and the spaciousness. The balcony, situated off the Dining area, further surveys the grounds and panorama. 2 assigned parking spaces and a storage unit are provided with the unit. Excellent staff and exquisite grounds with pool.

Investor Tools

Property Icon
$1,074,150
Estimated Property Value
$389,327Estimated Mortgage Balance
$684,823Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,820/month
$2,033/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,466
$1,074,150
2025
$77,720
$996,430
$1,074,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,466
$1,074,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Credit Line (Revolving) / Heloc
$400,000
No
First
Nov 5, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,327
$684,823
63%
36%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$4,432/mo
$-2,262/mo
2.4%

City: Dallas

3401 Lee Parkway 1903 | Property Details | No Agent List