$123,720
NAL Estimated Property Value9823 Walnut Street 214, Dallas, TX, 75243
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator
FlooringCarpet, Laminate
Exterior
Lot Size8.81 acres
Building Information
Year Built1982
Stories2
Roof Type105
Land Information
APN00C61580000L00205
Lot Number2
SubdivisionRichland Trace Condos
Land UseResidential
Legal DescriptionRICHLAND TRACE CONDOS BLK 8433 PT LOT 2 ACS 8.8143 BLDG L UNIT 205 CE 0.242195% INT202200179532 DD06242022 CO-DC 8433 000
Census Tract019018
Assessed Land Value$11,150
Assessed Improvement Value$112,570
Assessment Year2025
About this property
Excellent opportunity for investors condo was rented out for$850 per month. 2 bedroom, 1 bath, conveniently located near Richland College. Assigned parking space! Stackable washer and dryer, refrigerator included! Dart bus facility at the entrance of the complex. HOA fees include Exterior Maintenance, Trash, Water, Building Insurance, etc. Bring your offers!!!
Investor Tools
$123,720
Estimated Property Value
$83,414Estimated Mortgage Balance
$40,306Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$742 /month
Positive
Cash Flow Estimate:
$247 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
$220/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,805
$123,720
2025
$11,150
$112,570
$123,720
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,805
$123,720
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$90,000
No
First
Jun 24, 2022
Jul 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,414
$40,306
32%
67%
$540/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$760/mo
+$805/mo
15.2%
