$100,000
12482 Abrams Rd # S1203, Dallas, TX, 75243
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Cooktop, Electric Oven, Electric Water Heater, Microwave
Exterior
Lot Size17.99 acres
Building Information
Year Built1982
Stories1
Roof Type105
Land Information
APN00C11970000S01203
Lot Number1
SubdivisionCreekbend Condominiums Ph I-Vi
Land UseResidential
Legal DescriptionCREEKBEND CONDOMINIUMS PH I-VI BLK F/8422 PT LT 1 17.99 ACS BLDG S UNIT 1203 CE 0.19826% VOL2001096/3452 DD04242001 CO-DC
Census Tract019034
Assessed Land Value$18,620
Assessed Improvement Value$112,600
Assessment Year2025
About this property
Welcome to the Creek Bend Condominiums! Efficient one-bedroom floor plan with a dedicated laundry area and generous closet space. Enjoy gated access, a sparkling community pool, tennis courts, and beautifully maintained grounds across nearly 18 acres, plus assigned covered parking and private patio. Ideally located just up the street from Dallas Richland College Campus and minutes from US-75 and I-635, within the Richardson ISD attendance zone. An great opportunity for a first-time buyer, a college student, or an investor.
Investor Tools
$7,546Estimated Mortgage Balance
$123,674Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$787 /month
Positive
Cash Flow Estimate:
$262 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$55/month
$236/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$0
$131,220
2025
$18,620
$112,600
$131,220
No
Tax History
Year
Tax Paid
Assessed Value
2025
$0
$131,220
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
North American Mtg
Fha
$31,500
Yes
First
Apr 24, 2001
May 2031
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$7,546
$123,674
94%
6%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$236/mo
+$1,090/mo
12.1%
