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$138,340

NAL Estimated Property Value

9601 Forest Lane 726, Dallas, TX, 75243

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths868 Sq Ft
price_per_sqft$144.01 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Storage
Lot Size3.81 acres

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN00C22520000G00726
Lot Number1
SubdivisionForestwood On The Creek Ii Condos
Land UseResidential
Legal DescriptionFORESTWOOD ON THE CREEK II CONDOS BLK 7/8421 LOT 1 ACS 3.81272 BLDG G UNIT 726 CE 1.12% INT202300219631 DD10262023 CO-DC 8421
Census Tract019035
Assessed Land Value$27,900
Assessed Improvement Value$110,440
Assessment Year2025

About this property

Charming condo in Richardson ISD. 2 spacious bedrooms, 1 bath with an open floor plan. large walk in closets. Freshly painted, Kitchen has a breakfast bar that opens to living and dining. Covered back patio. wood burning fireplace, Fridge included, conveniently located minutes from hwy 635. 1 assigned covered parking & there is open parking available. community pool on property. This complex is not approved for FHA.

Investor Tools

Property Icon
$138,340
Estimated Property Value
$110,552Estimated Mortgage Balance
$27,788Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$830 /month
Positive
Cash Flow Estimate:
$277 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
$188/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,641
$138,340
2025
$27,900
$110,440
$138,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,641
$138,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Conventional
$116,000
No
First
Oct 26, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,552
$27,788
20%
80%
$696/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$884/mo
+$681/mo
13.6%

City: Dallas

9601 Forest Lane 726 | Property Details | No Agent List