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$849,000

4500 Roland Ave Apt 606, Highland Park, TX, 75219

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,306 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$368.17 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Gas Oven, Microwave
FlooringCarpet, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size40,492 sqft

Building Information

Year Built1982
Roof Type104
Garage Spaces2

Land Information

APN60152000000100606
Lot Number12-14
SubdivisionPark Plaza Condominiums
Land UseResidential
Legal DescriptionPARK PLAZA CONDOMINIUMS BLK 98 LTS 12 13 14 UNIT 606 FLOOR 6 CE 1.9066% INT202400209691 DD10162024 CO-DC 2425009801200
Census Tract019800
Assessed Land Value$69,500
Assessed Improvement Value$780,500
Assessment Year2025

About this property

This polished and beautiful Park Plaza condominium offers a classic layout with two bedrooms, freshly waxed hardwood floors and a sprawling balcony overlooking Dallas. Amenities include a community gym, a controlled-temperature storage unit and an entertaining space with full kitchen overlooking the pool. This building was recently ranked “Best High Rise” in the Dallas Fort Worth Metroplex by Community Associates Institute.

Investor Tools

Property Icon
$850,000
Estimated Property Value
$600,000Estimated Mortgage Balance
$263,604Estimated Equity
29% 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
$1,328/month
$2,503/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,684
$850,000
2025
$69,500
$780,500
$850,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,684
$850,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$600,000
No
First
Oct 16, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$586,396
$263,604
31%
69%
$3,314/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$5,817/mo
$-3,647/mo
3.1%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Highland Park

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4500 Roland Ave Apt 606 | Property Details | No Agent List