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Owner Contacts

$171,150

NAL Estimated Property Value

8555 Fair Oaks Crossing 405, Dallas, TX, 75243

Off Market

2 Beds

1 Bath

845 Sq Ft

Condos / Townhouses

$106.51 / sqft

Built in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Microwave

FlooringCarpet, Ceramic Tile

Exterior

Lot Size7.44 acres

Building Information

Year Built1982

Stories1

Roof Type105

Land Information

APN00C82510000100405

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 E UNIT 405 C.E. .85377% INT202400084940 DD04252024 CO-DC 8148 00A

Census Tract007835

Assessed Land Value$55,350

Assessed Improvement Value$115,800

Assessment Year2025

About this property

ACCEPTING BACKUP OFFERS! Come see this charming and cozy Lake Highlands Condo in highly desired RISD. 2 beds, 1 bath, assigned covered parking. Quiet neighborhood convenient to bike paths. Private storage closet on balcony and security system. Club house, pool on-site, HOA includes water bill. Within close proximity to 75, 635, downtown Dallas and Tom Thumb! Schedule your showing today!...

Investor Tools

$171,150

Estimated Property Value

$153,616Estimated Mortgage Balance

$17,534Estimated Equity

10% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,027 /month

Positive

Cash Flow Estimate:

$342 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$405/month

$351/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,010

$171,150

2025

$55,350

$115,800

$171,150

Tax History

Year

Tax Paid

Assessed Value

2024

$4,010

$171,150

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Geneva Financial Llc

Conventional

$159,600

First

Apr 25, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$153,616

$17,534

10%

90%

$957/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,308/mo

+$257/mo

11.0%

Learn About the Market: Opportunity in Dallas

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