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Owner Contacts

$415,000

NAL Estimated Property Value

4221 Cole Avenue 203, Dallas, TX, 75205

Off Market

2 Beds

2 Bath

1,225 Sq Ft

$204 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Range, Refrigerator, Wine Cooler

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony

Lot Size18,000 sqft

Building Information

Year Built1983

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00C11050000000203

Lot Number3A

Subdivision4221 Cole Ave Condominium

Land UseResidential

Legal Description4221 COLE AVE CONDOMINIUM BLK C/1523 LT 3A ACS 0.4151 UNIT 203 CE 6.801% INT202200218907 DD07262022 CO-DC 1523 00C 03A

Census Tract000705

Assessed Land Value$128,540

Assessed Improvement Value$279,340

Assessment Year2025

About this property

Location location location! Right in the middle of Knox-Henderson and West Village, the location of this condo truly can't be beat. Only two blocks from Trader Joe's, restaurants, retail shopping and mere minutes from the Katy Trail and 75, this charming 2 bedroom 2 bath condo is a must see. The light filled living space features an impressively tall ceiling and wood burning fireplace. The building features a community swimming pool and grill, along with reserved garage parking as well as ample guest parking at the front and back of the building.

Investor Tools

$415,000

Estimated Property Value

$278,550Estimated Mortgage Balance

$136,450Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,490 /month

Positive

Cash Flow Estimate:

$830 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$803/month

$391/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,557

$407,880

2025

$128,540

$279,340

$407,880

Tax History

Year

Tax Paid

Assessed Value

2024

$7,557

$407,880

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Willow Bend Mortgage Co

Conventional

$300,000

First

Jul 26, 2022

Aug 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$278,550

$136,450

32%

67%

$1,799/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,200/mo

$2,190/mo

+$10/mo

6.4%

Learn About the Market: Opportunity in Dallas

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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.

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