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Owner Contacts

$164,780

NAL Estimated Property Value

4845 Cedar Springs Rd # P-363, Dallas, TX, 75219

Off Market

2 Beds

1 Bath

841 Sq Ft

Condos / Townhouses

$190.13 / sqft

Built in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator

FlooringLaminate

Exterior

Private Pool

Lot Size6.61 acres

Building Information

Year Built1970

Stories2

Roof Type172

Land Information

APN00000212875840000

SubdivisionRiver Oaks Condominiums

Land UseResidential

Legal DescriptionRIVER OAKS CONDOS BLKS 2345,2346&B/2330 ACS 6.609 BLDG P UNIT 363 CE 0.398% INT202300086415 DD05012023 CO-DC 2346 000 000

Census Tract000408

Assessed Land Value$57,290

Assessed Improvement Value$107,490

Assessment Year2025

About this property

Back on Market, Buyer Financing Fell Through, FHA Approved Complex! This Top Floor Corner Unit has many Updates and is Move-in Ready. Fresh Interior Paint, New Beautiful Vinyl Flooring, Kitchen with New Granite Countertops, Refaced Cabinets, New Hardware. Open Living and Dining Plan with Galley Kitchen. Both sizeable bedrooms have walk-in closets. Location is in the Heart of Oak Lawn, near Restaurants, Night Life, Medical District, and Downtown. Seller will pay a 2% contribution toward a buydown subsidy or closing costs for the buyer, with acceptable offer.

Investor Tools

$164,780

Estimated Property Value

$143,573Estimated Mortgage Balance

$21,207Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$989 /month

Positive

Cash Flow Estimate:

$330 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$391/month

$462/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,863

$164,780

2025

$57,290

$107,490

$164,780

Tax History

Year

Tax Paid

Assessed Value

2024

$3,863

$164,780

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Fha

$152,192

Yes

First

Apr 28, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$143,573

$21,207

12%

87%

$913/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,170/mo

$1,375/mo

+$795/mo

15.8%

Learn About the Market: Opportunity in Dallas

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