$93,560
NAL Estimated Property Value4502 Gaston Avenue 204, Dallas, TX, 75246
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Refrigerator
FlooringVinyl
Exterior
Exterior FeaturesBalcony
Lot Size1.16 acres
Building Information
Year Built1984
Stories1
Roof Type105
Land Information
APN00C24000000000204
SubdivisionGastonian Condominiums
Land UseResidential
Legal DescriptionGASTONIAN CONDOMINIUMS BLK 772 TRS 1.2 2 3 & 4 UNIT 204 CE 1.604% INT202200291558 DD11092022 CO-DC 07720000 001 10007720000
Census Tract001502
Assessed Land Value$24,370
Assessed Improvement Value$69,190
Assessment Year2025
About this property
This charming second-floor unit features a large living area, over-sized bedroom, and a patio just off the bedroom. Huge walk-in closet and open galley style kitchen. Steps away from parking, pool, and onsite laundry. Washer and dryer stack unit connections are also located in the unit. Cash preferred. If the buyer is using financing, please ensure the lender is OK with the complex being all tenant-occupied. Great income producing rental opportunity!
Investor Tools
$93,560
Estimated Property Value
$71,073Estimated Mortgage Balance
$22,487Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$570 /month
Positive
Cash Flow Estimate:
$190 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
$197/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,091
$93,560
2025
$24,370
$69,190
$93,560
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,091
$93,560
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Parkside Financial Bank & Trust
Open End Mortgage / Open End With Future Advance Clause
$76,000
No
First
Nov 9, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,073
$22,487
24%
76%
$456/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$653/mo
+$673/mo
17.0%
