B+

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Owner Contacts

$835,020

NAL Estimated Property Value

4238 Mckinney Ave Unit 2, Dallas, TX, 75205

Off Market

3 Beds

4 Bath

2,800 Sq Ft

Condos / Townhouses

$303.57 / sqft

Built in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Marble, Stone, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting

Lot Size15,000 sqft

Building Information

Year Built2007

Stories3

Roof Type104

Garage Spaces2

Land Information

APN00C44920000000002

Lot Number13

Subdivision4238 Mckinney Avenue Condos

Land UseResidential

Legal Description4238 MCKINNEY AVENUE CONDOS BLK A/1525 LT 13 UNIT 2 CE%16.6666 INT202300061933 DD03302023 CO-DC 1525 00A 01300 1DA1525 00A

Census Tract000705

Assessed Land Value$262,510

Assessed Improvement Value$572,510

Assessment Year2025

About this property

Modern Mediterranean McKinney Avenue Town Home! Stainless Steel GE Monogram Appliances, Hand Scraped Hardwood Floors, Wrought Iron Winding StairsGranite & Tile Through Out. Spanish Tile Roof. Outdoor Terraces on Every Level. Large Private Backyard. Roof Top Deck Plumbed for Outdoor Kitchen, Gas Grill - Wired for TV and Speakers. Hot Tub Ready. Elevator Ready Exercise on Katy Trail. This Park Cities Builder Got This One Right!!!

Investor Tools

$835,020

Estimated Property Value

$298,072Estimated Mortgage Balance

$536,948Estimated Equity

64% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,100 /month

Positive

Cash Flow Estimate:

$1,700 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,741/month

$899/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$16,714

$835,020

2025

$262,510

$572,510

$835,020

Tax History

Year

Tax Paid

Assessed Value

2024

$16,714

$835,020

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Texoma National Bank

Unknown

$519,000

First

Mar 10, 2009

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$298,072

$536,948

64%

36%

$3,112/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,770/mo

$4,011/mo

$-1,241/mo

4.0%

Learn About the Market: Opportunity in Dallas

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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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