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$311,960

406 Santa Fe Trail 42, Irving, TX, 75063

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,418 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$148.03 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5.08 acres

Building Information

Year Built1987
Stories2
Roof Type105
Garage Spaces1

Land Information

APN32435500000000042
SubdivisionRiverwalk Condominiums Ph 1-5
Land UseResidential
Legal DescriptionRIVERWALK CONDOMINIUMS PH 1-5 RIVERWALK CONDOS TR 1 ACS 5.075 UNIT 42 CE 1.860013% INT202100324295 DD10222021 CO-DC
Census Tract014141
Assessed Land Value$61,680
Assessed Improvement Value$250,280
Assessment Year2025

About this property

BESTS AND FINAL DUE 7P 06-17. Two story condo with attached one-car garage in Irving's Riverwalk Condominiums. Woodburning fireplace & vaulted ceiling in living room. Dining room with sliding doors opens to deck area. Kitchen has granite counter tops & stainless appliances. Laundry closet for a full size washer and dryer is located upstairs; convenient for the two bedrooms & two baths upstairs. Easy access to the pool, mailbox and canal with bike path. Buyers & Buyer's agent to confirm dimensions, HOA information, sq footage, schools, etc

Investor Tools

Property Icon
$311,960
Estimated Property Value
$0Estimated Mortgage Balance
$145,285Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
$539/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,801
$311,960
2025
$61,680
$250,280
$311,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,801
$311,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Opendoor Home Loans Llc
Va
$182,520
Yes
First
Oct 22, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,675
$145,285
46%
53%
$1,095/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,634/mo
+$356/mo
7.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Irving

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406 Santa Fe Trail 42 | Property Details | No Agent List