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$79,500

3045 Park Lane 1051, Dallas, TX, 75220

$87,524 ARV

Off Market

2 Beds

2 Bath

969 Sq Ft

Condos / Townhouses

$82.04 / sqft

Built in 1969

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker

FlooringCeramic Tile

Exterior

Private Pool

Lot Size9.13 acres

Building Information

Year Built1969

Stories1

Roof Type172

Land Information

APN00000597574880000

Lot Number1

SubdivisionPark Lane Townhomes Ph 1

Land UseResidential

Legal DescriptionPARK LANE TOWNHOMES PH 1 BLK A/6456 LT 1 & PT LTS 2 & 3 BLDG I UNIT 1051 & 0.564% CE INT202000049391 DD02132020 CO-DC 6456

Census Tract009803

Assessed Land Value$14,520

Assessed Improvement Value$111,450

Assessment Year2025

About this property

Bring your serious offers and let's get you closed in December! No Commute! Be right in the center of NW Dallas. Minutes to Light Rail, Shopping, Restaurants and Love Field. The newly remodeled complex has fresh paint, new carport covers, and new roof. Inside this condo, you will enjoy low maintenance tile flooring, newer carpet, updated paint, granite counters, updated baths, and a wood-burning fireplace. Great patio for outdoor entertainment. Nice floor plan w 1 bed and bath down and 1 bed and bath up. Washer and Dryer Utility closet too! Great community pool to enjoy some refreshments from the Texas summers. Fast access to major feeder roads. Hurry, this one is super cute and at a fantastic price point!

Investor Tools

$125,970

Estimated Property Value

$0Estimated Mortgage Balance

$125,970Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$87,523

Rent-to-Value Ratio: 0.72%

Rent Estimate

$756 /month

Positive

Cash Flow Estimate:

$252 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$52/month

$552/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$125,970

2025

$14,520

$111,450

$125,970

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$125,970

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$125,970

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$552/mo

+$1,013/mo

14.9%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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