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$311,960

NAL Estimated Property Value

406 Santa Fe Trail 47, Irving, TX, 75063

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,418 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$141.04 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

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, Refrigerator, Electric Water Heater
FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5.08 acres

Building Information

Year Built1987
Stories2
Roof Type105
Garage Spaces1

Land Information

APN32435500000000047
SubdivisionRiverwalk Condominiums Ph 1-5
Land UseResidential
Legal DescriptionRIVERWALK CONDOMINIUMS PH 1-5 RIVERWALK CONDOS TR 1 ACS 5.075 UNIT 47 CE 1.860013% INT202300111161 DD06052023 CO-DC
Census Tract014141
Assessed Land Value$61,680
Assessed Improvement Value$250,280
Assessment Year2025

About this property

Welcome home to your beautiful move-in ready condo located in the beautiful part of Irving in Valley Ranch. This condo offers so many features I can hardly list them all. Some of the updates include sliding glass door;hot water heater; Rudd HVAC; permanent filters for AC that are reusable; new appliances; elfa closet system in master. See the complete list in the documents section. The outside deck is perfect for an outdoor living space and includes patio furniture ready for you to enjoy. If you are a nature lover, walk or ride your bike through the canals and enjoy all the nature around. Close to all new restaurants, Toyota Music Factory; access to two airports and shopping, library and close to fire station.

Investor Tools

Property Icon
$311,960
Estimated Property Value
$255,602Estimated Mortgage Balance
$56,358Estimated Equity
18% 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
$499/month
$539/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,425
$311,960
2025
$61,680
$250,280
$311,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,425
$311,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Fha
$270,019
Yes
First
Jun 5, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,602
$56,358
18%
82%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$2,158/mo
$-168/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.

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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 47 | Property Details | No Agent List