Street View

B+

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Owner Contacts

$936,560

NAL Estimated Property Value

4240 Prescott Avenue 7E, Dallas, TX, 75219

Off Market

2 Beds

3 Bath

2,153 Sq Ft

Condos / Townhouses

$255.46 / sqft

Built in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile

Exterior

Lot Size28,662 sqft

Building Information

Year Built2004

Stories1

Roof Type110

Garage Spaces2

Land Information

APN00C1488000000007E

Lot Number12B

SubdivisionDrexel Highlander Condominiums

Land UseResidential

Legal DescriptionPARK HIGHLANDER CONDOS BLK 13/2028 LT 12B ACS 0.658 UNIT 7E CE%1.86 INT201900070723 DD03182019 CO-DC 2028 013 12B00 1DA2028

Census Tract000607

Assessed Land Value$45,310

Assessed Improvement Value$891,250

Assessment Year2025

About this property

Two split bedroom, den and 2.1 baths at The Park Highlander. Direct elevator to your foyer guides you to an open living & dining room. Kitchen equipped with SS appliances including a 6 gas burner Wolf cook top, Sub-Zero Refrigerator,Ascot dishwasher,double convection ovens, microwave,granite counter top.Wonderful master bedroom with en-suite bath,2 sinks,separate shower,tub and large walk in closet. Enjoy 24 hr concierge, pool & fitness center.

Investor Tools

$936,560

Estimated Property Value

$287,738Estimated Mortgage Balance

$648,822Estimated Equity

69% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,619 /month

Positive

Cash Flow Estimate:

$1,873 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,412/month

$1,377/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,256

$936,560

2025

$45,310

$891,250

$936,560

Tax History

Year

Tax Paid

Assessed Value

2024

$12,256

$936,560

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$320,000

First

Feb 3, 2021

Mar 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$287,738

$648,822

69%

31%

$1,919/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,170/mo

$3,296/mo

$-1,126/mo

2.8%

Learn About the Market: Opportunity in Dallas

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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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