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$174,000

8545 Midpark Road 44, Dallas, TX, 75240

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,035 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$168.12 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCeramic Tile, Laminate

Exterior

Lot Size3.46 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C55800000C00044
Lot Number4
SubdivisionParkwood Creek Condos
Land UseResidential
Legal DescriptionPARKWOOD CREEK CONDOS BLK 7760 LOT 4 3.465 ACS BLDG C UNIT 44 CE 1.6409% INT202200033333 DD02022022 CO-DC 7760 000 004
Census Tract019213
Assessed Land Value$29,720
Assessed Improvement Value$156,580
Assessment Year2025

About this property

Welcome home to effortless living at Parkwood Creek! This beautifully updated 2-bedroom, 2-bath condo is a rare find, oversized rooms, two full baths, and two generous walk-in closets give it a feel far bigger than its footprint. Brand-new luxury vinyl flooring flows throughout, paired with a cozy wood-burning fireplace and decorative lighting that make every room feel warm and move-in ready. The stainless steel range and dishwasher are practically new, and the space has been freshly painted and professionally cleaned, just bring your furniture. Step out onto your private balcony and take in serene, the perfect spot for morning coffee. The breakfast counter adds extra prep space and charm, while an in-unit stackable washer, dryer and refrigerator are all included. Location doesn't get more convenient: minutes from Hwy 75, I-635 and the Tollway, with Richardson ISD schools nearby. Enjoy the community pool, stroll to Cottonwood Trail, and reach The Galleria, NorthPark Mall, and Downtown Dallas in about ten to twenty minutes. Low-maintenance, beautifully finished, and ready for its next owner.

Investor Tools

$13,562Estimated Mortgage Balance
$172,738Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,118 /month
Positive
Cash Flow Estimate:
$373 /month

Interested in this property?

Shams Rangwala

United Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
$406/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,297
$186,300
2025
$29,720
$156,580
$186,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,297
$186,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chase Manhattan Mortgage Corp
Unknown
$34,625
No
First
Aug 18, 2004
Sep 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$13,562
$172,738
92%
7%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$406/mo
+$1,159/mo
10.1%

Learn About the Market: Opportunity in Dallas

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Explore

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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8545 Midpark Road 44 | Property Details | No Agent List