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Owner Contacts

$73,000

NAL Estimated Property Value

9696 Walnut Street 1212, Dallas, TX, 75243

Off Market

2 Beds

1 Bath

730 Sq Ft

Condos / Townhouses

$95.89 / sqft

Built in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator

FlooringCarpet, Ceramic Tile

Exterior

Lot Size8.30 acres

Building Information

Year Built1981

Stories1

Roof Type105

Land Information

APN0021M670000L01212

Lot Number3

SubdivisionTrinity Meadows Condos

Land UseResidential

Legal DescriptionTRINITY MEADOWS CONDOS BLK A/8426 LOT 3 8.3045 AC BLDG L UNIT 1212 C E .40% INT201900167622 DD06272019 CO-DC 8426 00A 00300

Census Tract019034

Assessed Land Value$17,360

Assessed Improvement Value$55,640

Assessment Year2025

About this property

Outstanding 2-1-1 second story condo that has been beautifully remodeled,pretty galley kitchen,granite counter tops,back splash,nice cabinets,ceramic tile flooring in kitchen,dining & bath,fresh carpet & paint,living room has beamed vaulted ceiling, full size wood burning corner fireplace,step up master bedroom, large closet,outdoor patio access, 2nd bedroom with lots of windows,updated ceiling fans & light fixtures,nicely remodeled bath with granite counter top vanity, new commode, resurfaced tub, outdoor balcony, great location next to Richland College Athletic Fields, Dart Line, Property is currently leased for $1095. a month.

Investor Tools

$73,000

Estimated Property Value

$50,713Estimated Mortgage Balance

$22,287Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$438 /month

Positive

Cash Flow Estimate:

$146 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$158/month

$160/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,527

$73,000

2025

$17,360

$55,640

$73,000

Tax History

Year

Tax Paid

Assessed Value

2024

$1,527

$73,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Homebank Texas

Arm (Adjustable Rate Mortgage)

$56,000

First

Jun 27, 2019

Aug 2024

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$50,713

$22,287

30%

69%

$354/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,326/mo

$514/mo

+$812/mo

21.8%

Learn About the Market: Opportunity in Dallas

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