$169,000
NAL Estimated Property Value8550 Fair Oaks Crossing 202, Dallas, TX, 75243
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
FlooringCeramic Tile, Vinyl
Exterior
Exterior FeaturesBalcony
Lot Size7.44 acres
Building Information
Year Built1982
Stories1
Roof Type105
Land Information
APN00C82510000100202
Lot Number2
SubdivisionWoodlands Ii On The Creek
Land UseResidential
Legal DescriptionWOODLANDS II ON THE CREEK BLK A-B/8148 LOT 2 7.44 ACS BLDG C UNIT 202 CE .85377% INT202300163601 DD08152023 CO-DC 8148B000002
Census Tract007835
Assessed Land Value$55,290
Assessed Improvement Value$113,690
Assessment Year2025
About this property
Two Bedroom, One bath condo at Woodlands on the Creek in Lake Highlands area. Open and bright with vaulted ceilings. This condo is a corner unit which brings lots of natural light. Fireplace, full size washer dryer hook ups, oven, fridge. Light-filled living room with a wood-burning fireplace opens to shaded patio. Nice kitchen with Dining. Lovely quiet community with a pool and social space. Covered assigned parking. This unit backs up to clubhouse and pool area. Richardson ISD!
Investor Tools
$169,000
Estimated Property Value
$155,245Estimated Mortgage Balance
$13,755Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
$359/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,959
$168,980
2025
$55,290
$113,690
$168,980
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,959
$168,980
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Jersey Lenders Corp
Conventional
$163,445
No
First
Aug 14, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,245
$13,755
8%
92%
$980/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,339/mo
+$226/mo
11.1%
