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Owner Contacts

$201,570

NAL Estimated Property Value

4616 W Lovers Lane 235, Dallas, TX, 75209

Off Market

1 Beds

1 Bath

672 Sq Ft

$281.25 / sqft

Built in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Electric Oven

FlooringCarpet, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Courtyard, Rain Gutters, Lighting

Lot Size2.69 acres

Building Information

Year Built1960

Stories1

Roof Type105

Land Information

APN00C81310000000235

Subdivision4616 West Lovers Lane Condo

Land UseResidential

Legal Description4616 WEST LOVERS LANE CONDO BLK 4993 ACS 2.690 UNIT 235 CE%1.1060 INT202300011758 DD01042023 CO-DC 4993 000 00000 1DA4993 000

Census Tract007102

Assessed Land Value$68,310

Assessed Improvement Value$133,260

Assessment Year2025

About this property

Location, Location, Location!!! Located in Area 25 - Highland Park and University Park, this fabulous condo is located within walking distance to all the classy shops, restaurants, bars and entertainment venues at Inwood and Lovers Lane. Community is extremely well maintained and condo is updated with granite countertops and custom cabinets. Minutes from the Tollway and Love Field Airport, surrounded by million dollar estates. Community located on Lovers, however, this Unit is set away from the road, access on Rover. Gated community, provides privacy and is extremely well maintained. The pool is gorgeous, neighbors are lovely. Seller is pricing this to sell VERY QUICKLY because they're moving out-of-state. I cannot say enough good things about this beautiful condo. Contact me if you have any questions!!! You will LOVE this condo, the community and the location. ARV is $210K, so the price is a steal.

Investor Tools

$201,570

Estimated Property Value

$162,926Estimated Mortgage Balance

$38,644Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,209 /month

Positive

Cash Flow Estimate:

$403 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$308/month

$225/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,694

$201,570

2025

$68,310

$133,260

$201,570

Tax History

Year

Tax Paid

Assessed Value

2024

$2,694

$201,570

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Highlands Residential Mortgage Ltd

Conventional

$173,610

First

Jan 4, 2023

Feb 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$162,926

$38,644

19%

81%

$1,041/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,590/mo

$1,266/mo

+$324/mo

9.5%

Learn About the Market: Opportunity in Dallas

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