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$153,660

NAL Estimated Property Value

4837 Cedar Springs Rd # B-321, Dallas, TX, 75219

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths665 Sq Ft
price_per_sqft$150.37 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator

Exterior

Private PoolPrivate Pool
Lot Size6.61 acres

Building Information

Year Built1970
Stories2
Roof Type172
Garage Spaces1

Land Information

APN00000212871740000
SubdivisionRiver Oaks Condos
Land UseResidential
Legal DescriptionRIVER OAKS CONDOS BLKS 2345,2346&B/2330 ACS 6.609 BLDG B UNIT 321 & 0.315% CE INT202400116924 DD06102024 CO-DC 2346 000 000
Census Tract000408
Assessed Land Value$45,340
Assessed Improvement Value$108,320
Assessment Year2025

About this property

Deferred maintenance FHA approved condo, needs a lot of work. Perfect for an investor, flipper or someone who wants to DIY and build sweat equity. Fridge, range, microwave and dishwasher in good shape. Toilet may need to be reset, maybe even replaced, tub is in rough shape. Bathroom vanity needs work or to be replaced, most likely would be easier to replace. HVAC is leaking above bath sink area and needs annual clean and system flush. Carpet is in horrible shape, complete with gag-tastic odors, and needs to be pulled and replaced with new flooring. Once this list of items were complete you would have a great condo with a low mortgage amount. Minutes from the Medical District, downtown, tollway, all highways and everything that our in-town neighborhood has to offer. Great shopping, iconic nightlife and grocery stores also make this opportunity very attractive, the location is great. A recent special assessment will be covered at closing by the motivated seller. No seller financing.

Investor Tools

Property Icon
$153,660
Estimated Property Value
$0Estimated Mortgage Balance
$153,660Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$922 /month
Positive
Cash Flow Estimate:
$307 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
$410/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,084
$153,660
2025
$45,340
$108,320
$153,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,084
$153,660

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$153,660
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,840/mo
$410/mo
+$1,430/mo
14.4%

City: Dallas

4837 Cedar Springs Rd # B-321 | Property Details | No Agent List