B+

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Owner Contacts

$584,010

NAL Estimated Property Value

4411 McKinney 16, Dallas, TX, 75205

Off Market

2 Beds

3 Bath

1,854 Sq Ft

Condos / Townhouses

$234.63 / sqft

Built in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters

Lot Size1.50 acres

Building Information

Year Built2001

Stories3

Roof Type106

Garage Spaces2

Land Information

APN00C26750000400016

Lot Number2A

SubdivisionGrammercy Place Condominiums

Land UseResidential

Legal DescriptionGRAMMERCY PLACE CONDOMINIUMS BLK H/1532 LT 2A BLDG 4 UNIT 16 CE% .025641 INT202100070462 DD03102021 CO-DC 1532 00H 02A

Census Tract000705

Assessed Land Value$208,830

Assessed Improvement Value$375,180

Assessment Year2025

About this property

Light and bright! This 2BD, 2.1BTH townhome has just been completely refreshed. Upgrades include new hardwoods on the first and second floors, new carpet in the master bedroom and fresh paint throughout. Kitchen boasts newly painted cabinetry, new hardware, new sink and faucet and a new refrigerator. Master bathroom has been totally re-done with new tile, a new shower door, new countertops and new bath fixtures. Clean, clean clean! Apart from the unit's like-new condition, its location is prime with close proximity to Knox-Henderson shops and restaurants as well as the Katy Trail.

Investor Tools

$584,010

Estimated Property Value

$344,614Estimated Mortgage Balance

$239,396Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,504 /month

Positive

Cash Flow Estimate:

$1,168 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,155/month

$330/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,939

$584,010

2025

$208,830

$375,180

$584,010

Tax History

Year

Tax Paid

Assessed Value

2024

$10,939

$584,010

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Envoy Mortgage Ltd

Conventional

$382,500

First

Mar 10, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$344,614

$239,396

40%

59%

$2,294/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,200/mo

$2,624/mo

$-424/mo

4.5%

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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