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$155,000

12484 Abrams Road Unit 1623, Dallas, TX, 75243

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths998 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$155.31 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave

Exterior

Private PoolPrivate Pool
Lot Size17.99 acres

Building Information

Year Built1982
Roof Type105

Land Information

APN00C11970000Z01623
Lot Number1
SubdivisionCreekbend Condominiums Ph I-Vi
Land UseResidential
Legal DescriptionCREEKBEND CONDOMINIUMS PH I-VI BLK F/8422 PT LOT 1 ACS 17.99 BLDG Z UNIT 1623 CE 0.26242% INT200600364769 DD09282006 CO-DC
Census Tract019034
Assessed Land Value$24,640
Assessed Improvement Value$135,360
Assessment Year2026

About this property

Great opportunity in the gated Creekbend Condominiums! This 2-bedroom, 2-bath condo offers 998 sq ft of living space plus assigned covered carport parking. Residents enjoy community pools, a tennis court and a clubhouse, and HOA dues cover grounds and structure maintenance, insurance and full use of the amenities. Located in Richardson ISD just minutes from Richland College, with easy access to I-635 and US-75 for a quick commute anywhere in Dallas. INVESTORS TAKE NOTE: Seller is also selling 4 more units at the same price of $155,000 - a rare chance to buy multiple units at once. Ask about purchasing more than one unit!

Investor Tools

$17,563Estimated Mortgage Balance
$154,437Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,032 /month
Positive
Cash Flow Estimate:
$344 /month

Interested in this property?

Saman Ilangasinghe

Texas Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
$310/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,741
$160,000
2026
$24,640
$135,360
$160,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,741
$160,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Unknown
$37,500
No
First
Sep 28, 2006
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,563
$154,437
89%
10%
$225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$535/mo
+$1,030/mo
10.9%

City: Dallas