tomo logo

$227,900

Beds
2
Baths
2.0
sq ft
870

5590 Spring Valley Rd Unit D202, Dallas, TX 75254

5590 Spring Valley Rd Unit D202

Dallas, TX 75254

  • 32 days on market
This beautifully maintained 2-bedroom, 2-bath condo offers both comfort and convenience. With one bedroom and full bath downstairs and a spacious upstairs bedroom with a full stand-up shower, it’s perfect for modern living. The condo boasts an ideal location with direct access to the pool and common areas, including mail facilities. Nestled in the heart of Dallas, you’ll enjoy quick access to major freeways, top-notch shopping, dining, and entertainment. For investors, this property is a gem, generating an impressive net income of approximately $42,000 annually with great occupancy. Plus, the HOA fully permits short-term rentals! Whether you’re looking for a smart investment or a personal retreat, this condo provides it all—convenience, comfort, and income potential. Don’t miss your chance to own a piece of Dallas living at its finest!

Details

Property type

Condominium

Est. home value

$203,930

Lot size

3.0 acres

Price per sq ft

$262

Year built

1982

Monthly HOA fee

$352

Price History

10/03/2024
NTREIS

NTREIS #20745447

Listed
$227,900
05/10/2021
NTREIS

NTREIS #14543714

Removed

Schools & Community

Neighborhood: 

Far North

Elementary school: 

Anne Frank

Middle school: 

Benjamin Franklin

High school: 

Hillcrest

Community features: 

Pool, Clubhouse

School district: 

Dallas ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$84,397
Asking price
$227,900
Closing costs (~8% of asking)
-$18,232
Est. remaining loan balance
-$125,271
Cash to seller
$84,397

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

May 2021

Original loan amount

$135,000

Est. remaining balance

$125,271

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Cesar J Cuellar Sr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/05/2024 at 3:20 AM

Listing updated: 10/12/2024 at 9:26 AM

Listed by: Gina Mack, JPAR Arlington Phone #: (972) 836-9295

MLS: NTREIS #20745447

NTREIS logo

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