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$232,340

NAL Estimated Property Value

4859 Cedar Springs Rd Apt 261, Dallas, TX, 75219

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths961 Sq Ft
price_per_sqft$296.56 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer

Exterior

Private PoolPrivate Pool
Lot Size6.61 acres

Building Information

Year Built1970
Stories2
Roof Type172
Garage Spaces2

Land Information

APN00000212873580000
SubdivisionRiver Oaks Condominiums
Land UseResidential
Legal DescriptionRIVER OAKS CONDOS BLKS 2345,2346&B/2330 ACS 6.609 BLDG I UNIT 261 & 0.455% CE INT202200324604 DD12272022 CO-DC 2346 000 000
Census Tract000408
Assessment Year2025

About this property

*** River Oaks is non-warrantable - private lenders or cash only. *** Unit 261 is not just another condo, it’s one of the finest residences ever offered at River Oaks, this 2-bedroom, 2-bath masterpiece is a rare find in every way. A spacious open-concept floor plan where natural light enhances the freshly painted, neutral color palette, luxury vinyl plank flooring stretches throughout, blending durability with an upscale aesthetic. Plantation shutters adorn every window, infusing each room with an air of refined elegance. The gourmet kitchen is the truly exceptional heart of this condo, outfitted with stainless steel Samsung appliances, quartz countertops, a deep farmhouse sink, reverse osmosis water filtration system and spicy herringbone backsplash. Storage is effortless, thanks to custom pull-out shelving in every cabinet, maximizing space and organization. The primary suite is serene, featuring a generous walk-in closet and a spa-inspired ensuite bath with an elongated walk-in shower, floating glass wall with a wide swing door. The second bedroom also boasts a spacious walk-in closet, ensuring no shortage of storage space ever. Unlike any other unit available in River Oaks, this one features a full-size washer and dryer, housed in a beautifully built-out wash closet in the hallway. Additional hall closets, linen closets and an entry coat closet eliminate the usual storage concerns found in condo living. Two garage spaces and secure parking, ensuring both comfort and peace of mind. River Oaks amenities include a large swimming pool, and on-site staff, all within a peaceful, park-like setting. Situated just minutes from the Dallas Medical District, Uptown, Design District, Love Field, and major highways, this location offers unbeatable access to shopping, dining, nightlife, and public transit. Don’t miss this rare opportunity to own a beautifully upgraded, one-of-a-kind condo where sophistication meets easy comfortable living in the heart of Oak Lawn.

Investor Tools

Property Icon
$232,340
Estimated Property Value
$227,177Estimated Mortgage Balance
$5,163Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
$592/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,425
$232,340
2025
N/A
N/A
$232,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,425
$232,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$242,500
No
First
Dec 27, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,177
$5,163
2%
98%
$1,454/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$2,046/mo
+$124/mo
11.2%

City: Dallas

4859 Cedar Springs Rd Apt 261 | Property Details | No Agent List