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$186,300

NAL Estimated Property Value

8545 Midpark Road 46, Dallas, TX, 75240

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,035 Sq Ft
price_per_sqft$120.77 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size3.46 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C55800000C00046
Lot Number4
SubdivisionParkwood Creek Condos
Land UseResidential
Legal DescriptionPARKWOOD CREEK CONDOS BLK 7760 LOT 4 3.465 ACS BLDG C UNIT 46 CE 1.6409% INT202000007233 DD01072020 CO-DC 7760 000 004
Census Tract019213
Assessed Land Value$29,720
Assessed Improvement Value$156,580
Assessment Year2025

About this property

Well maintained 2 bedroom upper unit condo in fantastic North Dallas location. This one features new carpet & fresh paint throughout. Open floor plan with vinyl plank flooring, high ceilings & fireplace in the spacious combination living & dining area. Access to covered patio from living area. Kitchen has breakfast bar and includes a fridge. Living, dining & kitchen has had popcorn ceiling removed. Bedrooms with large walk in closets - master has en suite bath. Utility closet has included stackable washer & dryer. All this in a tranquil setting - pretty community pool, nicely landscaped grounds. Easy access to 75 & 635. Close to dining, shopping, entertainment. Minutes from Texas Instruments & Richland College.

Investor Tools

Property Icon
$186,300
Estimated Property Value
$92,518Estimated Mortgage Balance
$93,782Estimated Equity
50% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
$251/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,171
$186,300
2025
$29,720
$156,580
$186,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,171
$186,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$93,750
No
First
Aug 13, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,518
$93,782
50%
50%
$563/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$814/mo
+$751/mo
10.1%

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.

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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 46 | Property Details | No Agent List