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$175,530

4851 Cedar Springs Rd # M-381, Dallas, TX, 75219

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths841 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.65 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringLaminate, Slate

Exterior

Private PoolPrivate Pool
Lot Size6.61 acres

Building Information

Year Built1970
Stories2
Roof Type172

Land Information

APN00000212875040000
SubdivisionRiver Oaks Condominiums
Land UseResidential
Legal DescriptionRIVER OAKS CONDOS BLKS 2345,2346&B/2330 ACS 6.609 BLDG M UNIT 381 CE 0.398% INT20070334769 DD09042007 CO-DC 2346 000 00000
Census Tract000408
Assessed Land Value$57,290
Assessed Improvement Value$118,240
Assessment Year2025

About this property

One of Dallas' most premier gated condo communities can be your next home! Great sized condo with a great layout, great view, gorgeous hardwood vinyl throughout, updated kitchen and bathroom all within this great gated community surrounded by nature. Walking paths wind down along the creek with lush landscaping all around you. Sparkling pool big enough for lots of fun in the sun. Gated shared garage with plenty of parking. Built in cabinets in the dinning room. Granite counter tops in kitchen including all stainless steel appliances. Open livingroom with sliding door to your patio that has a peaceful view overlooking the creek and green scenery. The bedroom is large with the full bath and a large closet with built in shelving. This one certainly checks all the boxes so come tour today to check finding your new home off the list! 3RD FLOOR UNIT(CONDO HAS ELEVATOR)OVERLOOKS THE BEND IN THE CREEK AND LUSH GREENBELT. IT'S LIKE LIVING IN A TREE HOUSE.ONE OF THE BEST VIEWS IN THE COMPLEX.

Investor Tools

Property Icon
$175,530
Estimated Property Value
$42,210Estimated Mortgage Balance
$150,152Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,053 /month
Positive
Cash Flow Estimate:
$351 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,934
$175,530
2025
$57,290
$118,240
$175,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,934
$175,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Indymac Bank Fsb
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$42,210
No
First
Jul 25, 2005
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$25,378
$150,152
85%
14%
$340/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,840/mo
$340/mo
+$1,500/mo
12.6%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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4851 Cedar Springs Rd # M-381 | Property Details | No Agent List