B+

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Owner Contacts

$150,000

5045 Cedar Springs Road 217, Dallas, TX, 75235

Off Market

1 Beds

1 Bath

834 Sq Ft

Condos / Townhouses

$179.86 / sqft

Built in 1963

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Washer

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size2.75 acres

Building Information

Year Built1963

Stories1

Roof Type105

Land Information

APN00000211830600000

Lot Number38

SubdivisionLes Chateaux Condominiums

Land UseResidential

Legal DescriptionLES CHATEAUX CONDOMINIUMS BLK B/2330 LT 38 BLDG F UNIT 217 CE 1.01% INT202300148327 DD07252023 CO-DC 2330 00B 038 1002330 00B

Census Tract000408

Assessed Land Value$54,540

Assessed Improvement Value$133,110

Assessment Year2025

About this property

IMPRESSIVE UPDATED CONDO in the heart of Oak Lawn West. Walk to restaurants, shopping, and bars. Easy access to the Dallas North Tollway. This charming 1 bedroom 1 bath second level unit has separate front and rear entries. Upgraded features throughout the space including gorgeous cabinets, quartz counters in the kitchen and bath, stunning updated shower, wood styled vinyl plank flooring. In-unit washer & dryer conveniently located off the bathroom. All new electrical and plumbing throughout. Condo sold furnished. HOA monthly dues cover all utilities except cable and internet. Includes one assigned parking spot. The complex has two beautiful pools and lush landscaping throughout. BEST&FINAL due 8-26 by 8 pm

Investor Tools

$187,650

Estimated Property Value

$0Estimated Mortgage Balance

$68,553Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,126 /month

Positive

Cash Flow Estimate:

$375 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$435/month

$354/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,287

$187,650

2025

$54,540

$133,110

$187,650

Tax History

Year

Tax Paid

Assessed Value

2024

$4,287

$187,650

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Axia Financial Llc

Conventional

$125,600

First

Jul 25, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$119,097

$68,553

36%

63%

$754/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,440/mo

$1,108/mo

+$332/mo

9.2%

Learn About the Market: Opportunity in Dallas

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