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$360,000

$370,000

4040 Avondale Avenue 405, Dallas, TX, 75219

On MarketInfo
Price DropInfo
Beds2 Beds
Baths3 Bath
Baths1,360 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$264.71 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave

Exterior

Private PoolPrivate Pool
Lot Size1.45 acres

Building Information

Year Built1985
Stories2
Roof Type172
Garage Spaces2

Land Information

APN00C03600000D00405
Lot Number3-12
SubdivisionAvondale Gardens
Land UseResidential
Legal DescriptionAVONDALE GARDENS BLK 31/1572 LTS 3-12 ACS 1.4467 BLDG D UNIT 405 CE 2.623% INT202400049358 DD03082024 CO-DC 1572 031 003
Census Tract000606
Assessed Land Value$148,770
Assessed Improvement Value$190,230
Assessment Year2025

About this property

$10k Price Drop!! Welcome home to 4040 Avondale #405—a stunning, light-filled townhome offering total privacy with no neighbors above or below! The open-concept main floor boasts soaring high ceilings, abundant natural light, and a private patio space perfect for relaxing outdoors. The home features a beautifully renovated kitchen equipped with all-new 2024-2025 appliances and a tankless water heater, alongside stylishly updated bathrooms. Park with ease thanks to two reserved spaces in the gated garage, and enjoy resort-style community amenities including a sparkling pool and fitness center. Situated in an unbeatable Oak Lawn location, you are steps from Turtle Creek, Highland Park, and the Katy Trail, plus walkable to local favorites along Lemmon Avenue, Whole Foods, and West Village. Schedule your tour today!

Investor Tools

$314,950Estimated Mortgage Balance
$24,050Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

Interested in this property?

Kristen Brewer

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
$530/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,984
$339,000
2025
$148,770
$190,230
$339,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,984
$339,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$328,830
No
First
Mar 11, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,950
$24,050
7%
93%
$1,972/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$2,502/mo
$-332/mo
7.7%

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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4040 Avondale Avenue 405 | Property Details | No Agent List