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4845 Cedar Springs Road #170, Dallas, TX

Fannie MaeReal EstateπŸ“Dallas, TX

List Price

$140,000

Availability

For sale

Price history

since Jul 28

$150,000βˆ’$10,000 (βˆ’7%)$140,000

Market demand: Real Estate in Texas sell about 24% of the time, typically 1 bid. Based on 117 completed sales over the last year.

Appraised valueFixed price
$140,000
Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.
  • β€’This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
  • β€’The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
  • β€’Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Title and tax regime in TexasClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in Texas: Texas is a hybrid state. The county sells a deed or certificate that the former owner can still undo by paying you back with interest during the redemption window. The former owner then has 2 years to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options β†’

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

Seller

Fannie Mae

Condition: REO / sold as-is

Full Description

Fannie Mae HomePath REO property at 4845 Cedar Springs Road #170, TX 75219. Condo, 2 bed, 2 bath, 961 sqft, built 1970. Sold as-is by Fannie Mae.

Pickup information

Dallas, TX 75219

Fannie Mae

Appraised valueFixed price
$140,000
Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.
  • β€’This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
  • β€’The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
  • β€’Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Title and tax regime in TexasClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in Texas: Texas is a hybrid state. The county sells a deed or certificate that the former owner can still undo by paying you back with interest during the redemption window. The former owner then has 2 years to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options β†’

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

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Market data: see how government surplus prices are moving in the GovAuctions.app Surplus Price Index and how often each category sells in the GovAuctions.app Surplus Market Report.