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$122,930

NAL Estimated Property Value

9254 Forest Lane 703, Dallas, TX, 75243

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths748 Sq Ft
price_per_sqft$145.05 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size5.54 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C73680000G00703
Lot Number2,4
SubdivisionTrinity Forest Condos
Land UseResidential
Legal DescriptionTRINITY FOREST CONDOS BLK H/8153 LOTS 2 & 4 ACS 5.5391 BLDG G UNIT 703 CE 0.6273% INT202400250524 DD12102024 CO-DC 8153 00H
Census Tract007810
Assessed Land Value$27,230
Assessed Improvement Value$95,700
Assessment Year2025

About this property

PERFECT AS RENTAL PROPERTY. One of the lowest HOA per month in the area! Only $170.03 per month! The HOA includes the water bill already. Recently remodel condo. Closed to North Park, Richland College, and Medical City. Located on the FIRST FLOOR!!!. Contemporary stainless steel door handles neutral colors throughout. Ceramic and tile flooring. Assigned covered parking & storage. Stainless steel appliances in the kitchen, granite countertops. Nice framed fireplace and warm bedroom with a walk-in closet and wooden shutters. The bathroom has a modern stand-alone sink. The condo is in a gated community with a pool for its residents.

Investor Tools

Property Icon
$122,930
Estimated Property Value
$97,485Estimated Mortgage Balance
$25,445Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$738 /month
Positive
Cash Flow Estimate:
$246 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
$170/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,880
$122,930
2025
$27,230
$95,700
$122,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,880
$122,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$100,000
No
First
Dec 10, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,485
$25,445
20%
79%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$770/mo
+$556/mo
12.9%

City: Dallas

9254 Forest Lane 703 | Property Details | No Agent List