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Owner Contacts

$184,380

NAL Estimated Property Value

8404 Forest Lane 602, Dallas, TX, 75243

Off Market

1 Beds

2 Bath

928 Sq Ft

$161.53 / sqft

Built in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

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

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Lot Size4.70 acres

Building Information

Year Built1984

Stories1

Roof Type105

Land Information

APN00C22430000F00602

Lot Number2

SubdivisionForest Point Tnhm Condos Ph I-Ii

Land UseResidential

Legal DescriptionFOREST POINT TNHM CONDOS PH I-II BLK 1/7501 LOT 2 4.7042 ACS. BLDG F UNIT 602 C.E. 1.421% INT202100334144 DD11042021 CO-DC

Census Tract007805

Assessed Land Value$52,410

Assessed Improvement Value$131,970

Assessment Year2025

About this property

LOCATION IS FANTASTIC! This gem has two stories. The cozy Loft upstairs has a private Master Suite and Game Room. The Living Room features vaulted ceilings with a floor-to-ceiling brick fireplace. This gated community is conveniently located near the dart and Texas Instruments & by 75,635. This fantastic home has a half bath for guests and a covered patio. This one won't last long! With full offer price - 2k to buyer for upgrades!

Investor Tools

$184,380

Estimated Property Value

$92,635Estimated Mortgage Balance

$91,745Estimated Equity

49% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,106 /month

Positive

Cash Flow Estimate:

$369 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$403/month

$274/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,914

$184,380

2025

$52,410

$131,970

$184,380

Tax History

Year

Tax Paid

Assessed Value

2024

$3,914

$184,380

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$101,250

First

Nov 4, 2021

Dec 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$92,635

$91,745

49%

50%

$608/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,326/mo

$882/mo

+$444/mo

8.6%

Learn About the Market: Opportunity in Dallas

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