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Owner Contacts

$158,000

NAL Estimated Property Value

8555 Fair Oaks Crossing 414, Dallas, TX, 75243

Off Market

2 Beds

1 Bath

859 Sq Ft

Condos / Townhouses

$145.4 / sqft

Built in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Vented Exhaust Fan

FlooringCarpet

Exterior

Exterior FeaturesBalcony, Rain Gutters

Lot Size7.44 acres

Building Information

Year Built1982

Stories1

Roof Type105

Land Information

APN00C82510000100414

Lot Number2

SubdivisionWoodlands Ii On The Creek

Land UseResidential

Legal DescriptionWOODLANDS II ON THE CREEK BLK AB/8148 LT 2 ACS 7.44 BLDG E UNIT 414 & CE 0.853775% INT202100152512 DD05212021 CO-DC 8148 00A

Census Tract007835

Assessed Land Value$55,350

Assessed Improvement Value$99,700

Assessment Year2025

About this property

Mrs Clean lives here! Nicely kept 2nd story condo in Richardson ISD overlooking beautiful lawns with mature trees. Enter to large family room with high ceilings, wet bar and wood burning fireplace with a serene view of the grassy landscape. Living room opens to nice dining room-both are light and bright with good view and large windows. Kitchen boasts recent range, microwave, luxury vinyl plank flooring and happy, festive colored backsplash which matches the tile counters and tub surround in bathroom. Ample master boasts his-hers closets. Both bedrooms have a walk-in closet. Full size washer-dryer area off of kitchen. Enjoy nice sunrise on balcony. Storage closet on balcony. Great condo in convenient location!

Investor Tools

$158,000

Estimated Property Value

$106,462Estimated Mortgage Balance

$51,538Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$948 /month

Positive

Cash Flow Estimate:

$316 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$193/month

$350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,521

$155,050

2025

$55,350

$99,700

$155,050

Tax History

Year

Tax Paid

Assessed Value

2024

$1,521

$155,050

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Academy Mortgage Corp

Conventional

$117,705

First

May 21, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$106,462

$51,538

32%

67%

$706/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,056/mo

+$509/mo

11.9%

Learn About the Market: Opportunity in Dallas

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