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$239,000

NAL Estimated Property Value

4039 Cole Ave Apt 116, Dallas, TX, 75204

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths826 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.94 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet

Exterior

Lot Size27,822 sqft

Building Information

Year Built1960
Stories2
Roof Type105

Land Information

APN00000157745750000
Lot Number20-22
SubdivisionCole Park Condominiums
Land UseResidential
Legal DescriptionCOLE PARK CONDOMINIUMS BLK 1515 LTS 20-22 ACS 0.6387 CAL BLDG A APT 116 4.6540 %CE INT202200307051 DD12012022 CO-DC 1515 000
Census Tract000703
Assessed Land Value$135,960
Assessed Improvement Value$47,930
Assessment Year2025

About this property

Discover the essence of city living in this renovated condominium. Highlighted by a fully remodeled upstairs bathroom featuring a modern walk-in shower, this home offers a blend of style and functionality. Enjoy the ease of all-inclusive utility bills, alongside recently updated lighting fixtures and ceiling fans in the upstairs area. Benefit from the convenience of parking beneath the building. Spend your leisure time at the on-site swimming pool, venture out to Cole Park, West Village or enjoy a leisurely walk along the famous Katy Trail. With a diverse selection of restaurants and shops just a short walk away, this property offers an unparalleled mix of comfort, convenience in a sought-after Dallas location.

Investor Tools

Property Icon
$239,000
Estimated Property Value
$23,325Estimated Mortgage Balance
$215,675Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,615
$183,890
2025
$135,960
$47,930
$183,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,615
$183,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank
Credit Line (Revolving) / Heloc
$45,000
No
First
Aug 13, 2007
Aug 2014

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,325
$215,675
90%
10%
$270/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,350/mo
$270/mo
+$2,080/mo
11.8%

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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4039 Cole Ave Apt 116 | Property Details | No Agent List