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$371,000

NAL Estimated Property Value

5016 Cedar Springs Rd, Dallas, TX, 75235

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,463 Sq Ft
price_per_sqft$256.32 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringTile, Wood, Stone

Exterior

Lot Size21,771 sqft

Building Information

Year Built1978
Stories2
Roof Type105

Land Information

APN00000212788260000
Lot Number3,9
SubdivisionCedar Springs West Condominium
Land UseResidential
Legal DescriptionCEDAR SPRINGS WEST CONDOMINIUM BLKS 2342 & E/2342 LOTS 3 & 9 UNIT 5016 CE% 12.125 INT202100202742 DD07022021 CO-DC 2342 000
Census Tract000611
Assessed Land Value$118,790
Assessed Improvement Value$203,070
Assessment Year2025

About this property

Best floor plan and convenient location to all of central Dallas ! Townhome style condo in Oak Lawn with easy access to the Medical district, Uptown, and Highland Park. Living room, dining room, and kitchen on the first floor. Two large bedrooms with amazing walk in closets and en suite baths on the second floor. You won't find a condo with better closet space. Wood floors downstairs and wood look tile upstairs. Cozy wood burning fireplace in the living room. Private patio in the front offers peaceful tranquility. Many updates, including high efficiency HVAC with air purification and allergy removal, replaced in 2024. High quality Anderson windows and sliding glass doors installed 2025. Electrical panel box replaced in 2024. Popcorn texture removed and retextured. Kitchen updates include Kitchenaid range, microwave, and garbage disposal replaced in 2025. Utility room just off the kitchen has full size washer and dryer connections. Master bathroom with huge walk in shower and dual shower heads and built in seat. Recessed lighting added in 2025. Walk in closet with California Closet style storage system. Two carport spaces and guest parking. Small gated complex residential neighborhood.

Investor Tools

Property Icon
$371,000
Estimated Property Value
$258,253Estimated Mortgage Balance
$112,747Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
$242/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,112
$321,860
2025
$118,790
$203,070
$321,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,112
$321,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usm Corporation Group
Unknown
$259,000
No
First
Mar 19, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,253
$100,747
28%
70%
$1,553/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,795/mo
$-95/mo
5.5%

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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5016 Cedar Springs Rd | Property Details | No Agent List