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Owner Contacts

$359,000

NAL Estimated Property Value

8616 Turtle Creek Boulevard 504, Dallas, TX, 75225

Off Market

1 Beds

2 Bath

1,050 Sq Ft

Condos / Townhouses

$274.76 / sqft

Built in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Water Heater

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesFire Pit, Rain Gutters, Lighting, Private Yard, Outdoor Grill

Lot Size1.41 acres

Building Information

Year Built2006

Stories1

Roof Type104

Garage Spaces1

Land Information

APN00C68980000000504

Lot Number1

SubdivisionThe Sorrento Condo

Land UseResidential

Legal DescriptionSORRENTO CONDO BLK B/5464 LT 1 ACS 1.407 UNIT 504 CE%0.901 INT202400059610 DD03252024 CO-DC 5464 00B 00100 1DA5464 00B

Census Tract007701

Assessed Land Value$24,850

Assessed Improvement Value$305,900

Assessment Year2025

About this property

Fabulousness at its best...Spotless, bright penthouse unit with Million Dollar Views of a gorgeous pool & courtyard! Bring your pickiest buyers! Open kitchen living design w see thru gas log fireplace & dramatic terrace off living room & wall of windows brings in loads of intoxicating light. Rich, warm authentic hardwoods. Mstr bth has separate tub & shower w dbl sinks plus a large walk-in closet. EXPENSIVE UPDATES: HOA assessment of $12K paid by seller; $12K recent HVAC replaced; recent $1,400 Water Heater; Fresh paint. Stainless appliances, built-in wine frig, luxurious granite tops. AMENITIES: always heated spa, infinity pool, outdoor FP, gas grills in courtyard, coffee bar, business center, gym & concierge!

Investor Tools

$359,000

Estimated Property Value

$227,021Estimated Mortgage Balance

$131,979Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,154 /month

Positive

Cash Flow Estimate:

$718 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$376/month

$565/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,718

$330,750

2025

$24,850

$305,900

$330,750

Tax History

Year

Tax Paid

Assessed Value

2024

$2,718

$330,750

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guardian Mortgage Co Inc

Conventional

$236,250

First

Mar 25, 2024

Apr 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$227,021

$131,979

36%

63%

$1,417/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,990/mo

$1,982/mo

+$8/mo

6.7%

Learn About the Market: Opportunity in Dallas

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