$250,000
9817 Walnut St Apt I213, Dallas, TX, 75243
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDryer, Dishwasher, Electric Cooktop, Disposal, Refrigerator
FlooringCarpet, Laminate
Exterior
Lot Size8.81 acres
Building Information
Year Built2007
Roof Type105
Land Information
APN00C61580000I00213
Lot Number2A
SubdivisionRichland Trace Condos
Land UseResidential
Legal DescriptionRICHLAND TRACE CONDOS BLK 8433 LOT 2A 8.8143ACS BLDG I UNIT 213 CE .181822% INT201600268294 DD09232016 CO-DC 8433 000 02A
Census Tract019018
Assessed Land Value$8,390
Assessed Improvement Value$69,010
Assessment Year2026
About this property
Great investment opportunity to purchase a portfolio of five condominium units in the Richland Trace Condos community. The portfolio includes one studio (C301), two units with 1 bedroom and 1 bathroom each (I213 and I201), one unit with 2 bedrooms and 1 bathroom (E207), and one unit with 2 bedrooms and 2 bathrooms (I211). Conveniently located near Richland College, with strong rental potential. An excellent opportunity for investors looking to expand their rental portfolio. Buyer and buyer's agent to independently verify all information.
Investor Tools
$2,224Estimated Mortgage Balance
$75,176Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
$1,581/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,307
$77,400
2026
$8,390
$69,010
$77,400
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,307
$77,400
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chase Manhattan Mtg Corp
Fha
$23,000
Yes
First
Jul 29, 1998
Aug 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,224
$75,176
97%
3%
$138/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$1,719/mo
$-393/mo
20.6%
