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Owner Contacts

$202,160

NAL Estimated Property Value

8087 Meadow Road 229, Dallas, TX, 75231

Off Market

2 Beds

2 Bath

1,053 Sq Ft

$130.1 / sqft

Built in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

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

FlooringVinyl

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size3.33 acres

Building Information

Year Built1969

Stories1

Roof Type105

Land Information

APN00000706486100000

SubdivisionMeadows North Condominium

Land UseResidential

Legal DescriptionMEADOWS NORTH CONDOMINIUM BLK 7292 TR 24 ACS 3.3241 BLDG L UNIT 229 CE 1.27021% INT202100079557 DD03182021 CO-DC 7292 000 024

Census Tract007823

Assessed Land Value$55,280

Assessed Improvement Value$146,880

Assessment Year2025

About this property

Centrally located in Vickery Meadows this Completely Remodeled Modern Condo is has everything a new homeowner could want. Brand New Stainless Steel Samsung kitchen appliances, new cabinets and countertops, refrigerator, washer, and dryer all included. It's turn key ready!

Investor Tools

$202,160

Estimated Property Value

$124,097Estimated Mortgage Balance

$78,063Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,213 /month

Positive

Cash Flow Estimate:

$404 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$256/month

$273/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,057

$202,160

2025

$55,280

$146,880

$202,160

Tax History

Year

Tax Paid

Assessed Value

2024

$2,057

$202,160

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Moria Development Inc

Conventional

$137,740

First

Mar 18, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$124,097

$78,063

38%

61%

$826/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,099/mo

+$466/mo

9.3%

Learn About the Market: Opportunity in Dallas

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