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$264,900

1201 Portales Lane Bldg L, Irving, TX, 75061

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,545 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$171.46 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

BankruptcyHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Electric Range, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Concrete, Marble, Tile, Wood

Exterior

Exterior FeaturesBalcony, Deck, Lighting, Private Entrance, Private Yard
Lot Size7.23 acres

Building Information

Year Built1966
Roof Type105
Garage Spaces2

Land Information

APN32095000120010000
Lot Number1
SubdivisionDel Paseo Townhouse
Land UseResidential
Legal DescriptionDEL PASEO TOWNHOUSE BLK A PT LT 1 ACS 7.2327 BLDG L UNIT 1201 CE 1.667% INT201700172459 DD06162017 CO-DC 0950001200100
Census Tract014501
Assessed Land Value$52,520
Assessed Improvement Value$179,910
Assessment Year2026

About this property

Location Location Location! Experience elevated living in this fully renovated condo. Step inside and find that every detail has been thoughtfully considered. Designer paint, custom landscaping, and professional exterior lighting set a welcoming tone before you even enter. Remodel includes complete rewiring and a robust 200amp electrical upgrade with whole-home surge protection, updated plumbing, added insulation, and all-new windows and sliding doors that flood the interior with natural light. On the main level, genuine hardwood flooring leads you through expansive living and dining areas, newly opened and supported by modern beams for a contemporary flow. All new drywall and insulation ensure energy efficiency and tranquility throughout. The completely transformed kitchen delights with new cabinetry, quartz countertops, induction range, stainless steel appliances, and stylish lighting, a culinary dream for the home chef. Del Paseo amenities include a sparkling swimming pool, secure and pet friendly grounds, and beautifully maintained shared spaces, fostering a welcoming neighborhood environment. Baylor, Scott & White Medical Center is within walking distance, while direct access to major highways and proximity to DFW and Love Field airports simplify any commute. Don’t miss this rare find properties of this caliber and location are in high demand.

Investor Tools

$133,536Estimated Mortgage Balance
$101,464Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,589 /month
Positive
Cash Flow Estimate:
$530 /month

Interested in this property?

Sunel DeLange

Coldwell Banker Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,943
$232,430
2026
$52,520
$179,910
$232,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,943
$232,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$150,000
No
First
Feb 3, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,536
$101,464
43%
57%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,450/mo
+$522/mo
10.1%

City: Irving

1201 Portales Lane Bldg L | Property Details | No Agent List