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$239,000

NAL Estimated Property Value

4039 Cole Avenue 116, Dallas, TX, 75204

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths826 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$211.86 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 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

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
$620/month
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
$890/mo
+$1,460/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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