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Owner Contacts

$251,970

5981 Arapaho Rd Apt 1104, Dallas, TX, 75248

Off Market

2 Beds

2 Bath

995 Sq Ft

Condos / Townhouses

$211.06 / sqft

Built in 1980

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven

FlooringCarpet, Laminate

Exterior

Lot Size6.39 acres

Building Information

Year Built1980

Stories2

Roof Type105

Land Information

APN00C82450000100104

SubdivisionWoodhaven Condominiums

Land UseResidential

Legal DescriptionWOODHAVEN CONDOMINIUMS BLK A/8220 ACS 6.389 BLDG 1 UNIT 104 CE .66% INT201500298470 DD11052015 CO-DC 8220 00A 000 3008220 00A

Census Tract013621

Assessed Land Value$36,740

Assessed Improvement Value$215,230

Assessment Year2025

About this property

SELLER IS OFFERING $7,000 TOWARDS TO BUYER'S CLOSING COST OR FOR A RATE BUYDOWN. Well-loved and cared-for condo, freshly painted two-bedroom, two full bathroom condo located in the center of North Dallas, just minutes from all major highways and shopping centers. The condo has a brand new AC system replaced, and brand new carpets in all the bedrooms. Washer and Dryer with a small storage. A large family room, Dining area, and two full bathrooms. Family areas and dining areas have a laminated wood floor, a Kitchen with an island, and a dining area.

Investor Tools

$251,970

Estimated Property Value

$77,000Estimated Mortgage Balance

$181,431Estimated Equity

69% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,512 /month

Positive

Cash Flow Estimate:

$504 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$349/month

$473/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,928

$251,970

2025

$36,740

$215,230

$251,970

Tax History

Year

Tax Paid

Assessed Value

2024

$2,928

$251,970

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Reliance Mortgage

Conventional

$77,000

First

Nov 5, 2015

Dec 2045

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$70,539

$181,431

72%

28%

$734/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,810/mo

$1,207/mo

+$603/mo

8.6%

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.

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