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$159,000

2803 Rio Branco Street 202 J, Farmers Branch, TX, 75234

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths916 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$173.58 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal
FlooringLuxury Vinyl Plank, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size11.33 acres

Building Information

Year Built1970
Roof Type172

Land Information

APN24165600102010000
SubdivisionTara Place Condominiums
Land UseResidential
Legal DescriptionTARA PLACE CONDOMINIUMS 11.328 ACS BLDG J UNIT 201 & 0.600% CE INT202400240221 DD11222024 CO-DC 0000000000000 12416560010
Census Tract014001
Assessed Land Value$29,610
Assessed Improvement Value$147,430
Assessment Year2026

About this property

Beautiful condo tucked inside the established Tara Place Community in Farmers Branch, offering two bedrooms, two full bath. Truthfully designed home combines functional layout in a very convenient central location. Inside doors extend the living space to your own private balcony, perfect for morning coffee, pets and relaxing at the end of the day. Luxury vinyl floor, new carpet in the bedrooms. Two well proportioned bedrooms and two full baths. Provides flexibility for every day living. Tara Place residents enjoy community pool, onsite laundry facilities and covered parking and parking for visitors. Minutes from shopping, dinning, parks and everything Farmers Branch in North Dallas has to offer.

Investor Tools

$130,359Estimated Mortgage Balance
$46,681Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,062 /month
Positive
Cash Flow Estimate:
$354 /month

Interested in this property?

Jorge Ayala

Citiwide Properties Corp.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
$406/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,749
$177,040
2026
$29,610
$147,430
$177,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,749
$177,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$135,000
No
First
Nov 22, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,359
$46,681
26%
74%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,580/mo
$1,216/mo
+$364/mo
10.7%

City: Farmers Branch

2803 Rio Branco Street 202 J | Property Details | No Agent List