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$579,000

3401 Lee Pkwy Apt 508, Dallas, TX, 75219

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,170 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$494.87 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Range, Microwave
FlooringMarble, Stone, Wood

Exterior

Lot Size1.96 acres

Building Information

Year Built1998
Stories1
Roof Type172
Garage Spaces2

Land Information

APN00C45550000000508
Lot Number1C
SubdivisionMayfair At Turtle Creek Condos
Land UseResidential
Legal DescriptionMAYFAIR AT TURTLE CREEK CONDOS BLK 1/1041 LT 1C ACS 1.9634 UNIT 508 CE 0.3682% INT201900001028 DD12262018 CO-DC 1041 001 01C
Census Tract000605
Assessed Land Value$41,480
Assessed Improvement Value$461,620
Assessment Year2025

About this property

Pristine 1 bed, 1.5 bath at The Mayfair! With treetop views overlooking landscaped gardens, this elegant residence maintains a beautifully designed floor plan with great separation between the master suite and main living areas. Updated kitchen with carrara marble countertops, SubZero refrigerator and SS appliances. Hardwoods and plantation shutters throughout. En suite marble master bath with glass shower, dual vanities and walk-in closet. Residence equipped with Nest thermostat, new full-size LG washer and dryer, 2 assigned parking spaces and 550 cubic ft climate-controlled storage unit. Amenities include: 24hr concierge, valet, pool, Sky Club, fitness and business center. Remarkable opportunity! Parking spaces are on P2-#105 and 106. Storage unit is P2-#1. Buyer is required to contribute two months of HOA dues towards Working Capital Accnt. Transfer fee is $375.

Investor Tools

$292,101Estimated Mortgage Balance
$216,112Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month

Interested in this property?

Ani Nosnik

Allie Beth Allman & Assoc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
$1,240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,783
$503,100
2025
$41,480
$461,620
$503,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,783
$503,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Inwood National Bank
Conventional
$330,815
No
First
May 4, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,101
$210,999
41%
58%
$1,984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,840/mo
$3,224/mo
$-1,384/mo
4.4%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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3401 Lee Pkwy Apt 508 | Property Details | No Agent List