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Owner Contacts

$249,700

NAL Estimated Property Value

4245 Madera Rd, Irving, TX, 75038

Off Market

2 Beds

3 Bath

1,135 Sq Ft

Condos / Townhouses

$202.56 / sqft

Built in 1981

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Lot Size25.76 acres

Building Information

Year Built1981

Stories2

Roof Type104

Land Information

APN3225759000DB00002

SubdivisionLas Brisas Hills Condominiums

Land UseResidential

Legal DescriptionLAS BRISAS HILLS CONDOMINIUMS LAS BRISAS 2ND REV AMND AC25.7804 BLDG DB UNIT 2 CE .3027% INT202400097652 DD05142024 CO-DC

Census Tract014310

Assessed Land Value$40,800

Assessed Improvement Value$208,900

Assessment Year2025

About this property

**Gated Community** EXCELLENT LOCATION. SHORT TERM RENTAL IS NOT ALLOWED IN THIS COMMUNITY. THIS READY TO MOVE-IN CONDO IS ONLY MINUTES AWAY FROM DFW AIRPORT, RESTAURANTS & SHOPPING CENTERS. Back to greenbelt. Open Concept. Upstairs has 2 bedrooms, each has its own full bath and walk-in closet. Main level features a living space with separate dining nook, utility closet that accommodates a full sized washer & dryer, half bath, living room and sliding glass door with access to the enclosed patio & yard area with fence. Many updates include: kitchen cabinets and countertop, bathrooms remodeled, interior freshly painted, light fixtures replaced, new carpet installed on stairway, and the closets with interchangeable system for shoe shelves installed. Community has 2 pools & a club house. HOA monthly fee includes water, sewer, trash, cable & internet, pest control in & out, use of common facilities, monitored security system, Roof & Foundation! Priced well. Hurry, what are you waiting for?

Investor Tools

$249,700

Estimated Property Value

$218,843Estimated Mortgage Balance

$30,857Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,498 /month

Positive

Cash Flow Estimate:

$499 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$318/month

$352/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,569

$249,700

2025

$40,800

$208,900

$249,700

Tax History

Year

Tax Paid

Assessed Value

2024

$2,569

$249,700

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Solutions Of Colorado Llc

$227,000

Yes

First

May 14, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$218,843

$30,857

12%

88%

$1,361/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,660/mo

$1,713/mo

$-53/mo

8.0%

Learn About the Market: Opportunity in Texas

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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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