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$96,000

3045 Park Lane 1071, Dallas, TX, 75220

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths969 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$99.07 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Refrigerator
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard
Lot Size9.13 acres

Building Information

Year Built1969
Stories1
Roof Type172

Land Information

APN00000597575560000
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 N UNIT 1071 & 0.564% CE VOL2003044/9261 DD07162002 CO-DC 6456
Census Tract009803
Assessed Land Value$14,520
Assessed Improvement Value$111,450
Assessment Year2025

About this property

Charming 2-bedroom, 2-bath condo featuring two levels of comfortable living. The main floor offers a spacious living area with a cozy fireplace, a small dining space and an eat-in bar perfect for casual meals. Enjoy outdoor relaxation on the private patio shaded by trees. Community amenities include a pool, laundry-mail room, and covered carport parking. Conveniently located near Love Field Airport, DFW Airport, and just minutes from Downtown Dallas.

Investor Tools

Property Icon
$125,970
Estimated Property Value
$0Estimated Mortgage Balance
$116,966Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$756 /month
Positive
Cash Flow Estimate:
$252 /month

Interested in this property?

Angela Jones

CENTURY 21 Judge Fite Co.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$115/month
$699/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$747
$125,970
2025
$14,520
$111,450
$125,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$747
$125,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Exim Mortgage Llc
N/A
$28,800
N/A
First
Jul 16, 2002
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,004
$116,966
92%
7%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$699/mo
+$866/mo
14.9%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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3045 Park Lane 1071 | Property Details | No Agent List