$285,000
18040 Midway Rd Apt 207, Dallas, TX, 75287
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank
Exterior
Exterior FeaturesBalcony, Private Yard, Rain Gutters
Building Information
Year Built1984
Stories1
Garage Spaces1
Land Information
APNR-1246-004-2070-1
Lot Number207
SubdivisionMidway Villas (Cda)
Land UseResidential
Legal DescriptionMIDWAY VILLAS (CDA), BLDG D, UNIT 207
Census Tract031704
Assessed Land Value$75,000
Assessed Improvement Value$188,000
Assessment Year2026
About this property
Well-kept 2 bed, 2 bath condo with vaulted ceilings, a fireplace, and new windows and patio door- $20k upgrade! Granite kitchen with stainless appliances and a breakfast nook, plus a wet bar. Bedroom and bath downstairs. Upstairs has a loft, a second bedroom with its own bath, and a flex space with built-ins, ideal for a home office. One car garage. HOA covers water, trash, maintenance, and structure insurance.
Investor Tools
$155,263Estimated Mortgage Balance
$130,737Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
$511/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,491
$263,000
2026
$75,000
$188,000
$263,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,491
$263,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$189,525
No
First
Jan 25, 2018
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,263
$130,737
45%
54%
$1,137/mo
