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Owner Contacts

$442,000

NAL Estimated Property Value

6150 Averill Way 209E, Dallas, TX, 75225

$489,112 ARV

Off Market

2 Beds

2 Bath

1,905 Sq Ft

Condos / Townhouses

$209.71 / sqft

Built in 1964

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Marble

Exterior

Lot Size2.31 acres

Building Information

Year Built1964

Stories1

Roof Type172

Garage Spaces2

Land Information

APN00000405362860000

Lot Number3-4

SubdivisionImperial House Condominium

Land UseResidential

Legal DescriptionIMPERIAL HOUSE CONDOS LOTS 3 & 4 AVERILL WAY & PICKWICK BLDG A UNIT 209E & 2.15% CE INT202100243964 DD08132021 CO-DC 5463E000

Census Tract007702

Assessed Land Value$108,270

Assessed Improvement Value$319,730

Assessment Year2025

About this property

MOTIVATED SELLER! Elegant 2nd floor condo at the Imperial House … the ultimate address Behind The Pink Wall. Timeless architectural detail in finishes throughout including millwork, moldings, built-ins and hardware. Spacious floor plan includes a large living room and adjacent den-study that overlook the interior courtyard and pool. Centrally located dining room opens to an updated chef’s kitchen featuring custom cabinets, granite countertops, Kitchen-Aid oven suite and gas cooktop. Two generously sized bedrooms with abundant closet space and marble bathrooms. Be sure to see the 300 sq ft storage room and laundry room on 3rd floor outside kitchen door. Two assigned parking spaces in the garage.

Investor Tools

$442,000

Estimated Property Value

$261,999Estimated Mortgage Balance

$180,001Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$489,111

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,652 /month

Positive

Cash Flow Estimate:

$884 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$724/month

$922/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,478

$428,000

2025

$108,270

$319,730

$428,000

Tax History

Year

Tax Paid

Assessed Value

2024

$6,478

$428,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$288,000

First

Aug 13, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$261,999

$180,001

40%

59%

$1,727/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,350/mo

$2,649/mo

$-299/mo

6.4%

Learn About the Market: Opportunity in Dallas

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