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Owner Contacts

$564,000

NAL Estimated Property Value

3401 Lee Parkway 507, Dallas, TX, 75219

Off Market

1 Beds

2 Bath

1,304 Sq Ft

Condos / Townhouses

$375.69 / sqft

Built in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Bathrooms Half 1

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Vented Exhaust Fan

FlooringCeramic Tile, Marble, Wood

Exterior

Exterior FeaturesBalcony, Fire Pit, Lighting, Storage

Lot Size1.96 acres

Building Information

Year Built1998

Stories1

Roof Type172

Garage Spaces2

Land Information

APN00C45550000000507

SubdivisionMayfair At Turtle Creek Condos

Land UseResidential

Legal DescriptionMAYFAIR AT TURTLE CREEK CONDOS BLK 1/1041 LT 1C ACS 1.9634 UNIT 507 CE 0.4103% INT202100082527 DD03222021 CO-DC 1041 001 01C

Census Tract000605

Assessment Year2025

About this property

Located in Turtle Creek & across from Oak Lawn Park, The Mayfair offers premier hi-rise living, top-notch service & coveted amenities. Meticulously remodeled by TRIA Custom Homes & designer's flair, this home features a marble with mosaic inlay entry, newly installed hardwood flrs & exquisite light fixtures. Freshly updated Master Bathrm has gorgeous finishes, double sinks, sep shower & vanity. Chef's dream Kitchen equipped with granite counters & SS appliances includes Dacor convec. oven & 4-burner gas cooktop, SubZero built-in refrig, Bosch dishwasher & access to balcony for al-fresco dining. Open design Living & Dining Rooms have South facing windows which offer sweeping views of Downtown & Turtle Creek!

Investor Tools

$564,000

Estimated Property Value

$324,343Estimated Mortgage Balance

$239,657Estimated Equity

42% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,384 /month

Positive

Cash Flow Estimate:

$1,128 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$948/month

$926/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,555

$521,600

2025

N/A

$521,600

Tax History

Year

Tax Paid

Assessed Value

2024

$8,555

$521,600

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primelending

Conventional

$360,000

First

Mar 22, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$324,343

$239,657

42%

58%

$2,159/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,840/mo

$3,085/mo

$-1,245/mo

3.9%

Learn About the Market: Opportunity in Dallas

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