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1view

$166,950

5590 Spring Valley Road F204, Dallas, TX, 75254

Off Market

2 Beds

2 Bath

920 Sq Ft

Condos / Townhouses

$181.47 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Washer

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size3 acres

Building Information

Year Built1983

Stories2

Roof Type104

Garage Spaces1

Land Information

APN00C69100000F0F204

Lot Number1

SubdivisionSpringmont Condominiums Phi-Iv

Land UseResidential

Legal DescriptionSPRINGMONT CONDOMINIUMS PHI-IV BLK E/7011 LT 1 ACS 3.00 BLDG F UNIT F204 CE1.235895% INT202100170347 DD06012021 CO-DC 7011

Census Tract013615

Assessed Land Value$40,380

Assessed Improvement Value$139,020

Assessment Year2025

About this property

Beautiful remodeled condo close to Galleria and the Valley View Mall redevelopment. As you enter the living room you will notice a soring ceiling with skylight, wood floors, dry bar, WBFP, bar area open to kitchen. The kitchen has fresh white painted cabinets, granite counters, stainless stove, dishwasher, microwave, wine cooler, and extra nice fridge, plus combo washer dryer. Both bathes have been remodeled with showers and seamless shower enclosures. You will like the attached garage, community pool and spa and more. Unit is currently leased month to month.

Investor Tools

$210,000

Estimated Property Value

$0Estimated Mortgage Balance

$92,589Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,260 /month

Positive

Cash Flow Estimate:

$420 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$283/month

$289/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,346

$179,400

2025

$40,380

$139,020

$179,400

Tax History

Year

Tax Paid

Assessed Value

2024

$2,346

$179,400

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Pennymac Loan Services Llc

Conventional

$129,560

First

Jun 1, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$117,411

$92,589

44%

56%

$777/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,730/mo

$1,066/mo

+$664/mo

9.9%

Learn About the Market: Opportunity in Dallas

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