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$1,200,000

NAL Estimated Property Value

4240 Prescott Avenue 4B, Dallas, TX, 75219

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,293 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$588.75 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Convection Oven

Exterior

Lot Size28,662 sqft

Building Information

Year Built2004
Stories1
Roof Type110
Garage Spaces2

Land Information

APN00C1488000000004B
Lot Number12B
SubdivisionDrexel Highlander Condominiums
Land UseResidential
Legal DescriptionPARK HIGHLANDER CONDOS BLK 13/2028 LT 12B ACS 0.658 UNIT 4B CE%1.98 INT202400221615 DD10302024 CO-DC 2028 013 12B00 1DA2028
Census Tract000607
Assessed Land Value$48,240
Assessed Improvement Value$1,151,760
Assessment Year2025

About this property

Recently updated, light filed, luxury condominium at The Park Highlander. Direct elevator access into a private foyer and entry with wine bar. Large, combined dinning and living room with Juliet balcony. Kitchen features built in SubZero ,double convection Thermador ovens, induction cooktop and Asko dishwasher. Additional flex space adjoining dinning room has a fireplace. Primary suite & bath has dual vanities, custom built-ins, walk-in closet separate shower and spa tub. Guest bedroom has en-suite bath with custom built-ins and balcony. The boutique Park Highlander luxury condos are well located across the street from The Shops of Highland Park and numerous restaurants. Building amenities: on-site manager, 24 hour concierge, updated lobby. fitness center as well as swimming pool & gardens. Residence comes with 2 parking spaces P1-26 & 27 and a storage room #P1-4B.

Investor Tools

Property Icon
$1,200,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,200,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,619/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,427
$1,200,000
2025
$48,240
$1,151,760
$1,200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,427
$1,200,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,200,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$1,600/mo
+$570/mo
2.2%

Learn About the Market: Opportunity in Dallas

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Explore

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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Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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4240 Prescott Avenue 4B | Property Details | No Agent List