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$237,000

NAL Estimated Property Value

5981 Arapaho Road 108, Dallas, TX, 75248

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,205 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$163.49 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size6.39 acres

Building Information

Year Built1980
Stories2
Roof Type105

Land Information

APN00C82450000100108
SubdivisionWoodhaven Condominiums
Land UseResidential
Legal DescriptionWOODHAVEN CONDOMINIUMS BLK A/8220 ACS 6.389 BLDG 1 UNIT 108 & CE .80% INT202400096163 DD05102024 CO-DC 8220 00A 00000 3008220
Census Tract013621
Assessment Year2025

About this property

Fantastic location in far North Dallas backs up to Prestonwood Golf Course. Walk into this spacious condo with luxurious wood plank floors throughout the living areas and bedrooms. Large bedrooms have attached bathrooms, walk-in closets, and plenty of storage. Kitchen has granite counters, large pantry, and plenty of storage and opens to the living room and dining room. Living room with wood-burning fireplace is perfect for cozy evenings. Enclosed porch with natural light can be used for home office, workouts or other uses. Salt water pool, tennis courts, and barbecues pits on site. This is a zero maintenance condo, water and trash included in HOA. Easy access to Galleria shopping, Tollroad, and more.

Investor Tools

Property Icon
$237,000
Estimated Property Value
$194,211Estimated Mortgage Balance
$42,789Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
$354/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,925
$237,000
2025
N/A
N/A
$237,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,925
$237,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Purchase Money Mortgage
$201,450
No
First
May 10, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,211
$42,789
18%
82%
$1,208/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,810/mo
$1,562/mo
+$248/mo
9.2%

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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5981 Arapaho Road 108 | Property Details | No Agent List