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Owner Contacts

$274,974

NAL Estimated Property Value

4050 Frankford Road 1108, Dallas, TX, 75287

Off Market

2 Beds

3 Bath

1,425 Sq Ft

Condos / Townhouses

$157.89 / sqft

Built in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 3

Indoor Fireplace

Garage Available

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1982

Stories2

Garage Spaces2

Land Information

APNR-0632-011-1108-1

Lot Number1108

SubdivisionQuail Ridge Condominiums (Cda)

Land UseResidential

Legal DescriptionQUAIL RIDGE CONDOMINIUMS (CDA), BLDG K, UNIT 1108

Census Tract031704

Assessed Land Value$90,000

Assessed Improvement Value$184,974

Assessment Year2025

About this property

Unparalleled curb appeal is the hallmark of Quail Ridge Condominiums, which is surrounded by up-scale homes, & conveniently positioned for easy access to the Tollway & George Bush. Floor plan encompasses large living area, equipped with brick fireplace, that’s open to dining area, plus the kitchen via breakfast bar. Huge flag stone patio perfect for entertaining. Upstairs bedrooms, each served by full bath, are split for an ideal roommate arrangement. Don’t miss attached 2-car garage & additional sheltered 14X7 patio beyond. Handsome unit close to community pool too. HOA responsible for yard maintenance & the exterior of the structure, including both roof & foundation! HO-6 insurance policy all that's needed!

Investor Tools

$274,974

Estimated Property Value

$197,628Estimated Mortgage Balance

$77,346Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,650 /month

Positive

Cash Flow Estimate:

$550 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$413/month

$324/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,587

$274,974

2025

$90,000

$184,974

$274,974

Tax History

Year

Tax Paid

Assessed Value

2024

$3,587

$274,974

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Conventional

$218,500

First

May 4, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$197,628

$77,346

28%

72%

$1,311/mo

Learn About the Market: Opportunity in Dallas

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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.

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