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$134,900

3121 Park Lane 1130, Dallas, TX, 75220

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,193 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$113.08 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave
FlooringVinyl

Exterior

Lot Size9.13 acres

Building Information

Year Built1969
Stories1
Roof Type172

Land Information

APN00000597576200000
Lot Number4
SubdivisionPark Lane Townhomes Ph 2
Land UseResidential
Legal DescriptionPARK LANE TOWNHOMES PH 2 BLK A/6456 LT 4 & PT LTS 2, 3 & 5 BLDG T UNIT 1130 & 0.694% CE INT201800334898 DD12262018 CO-DC 6456
Census Tract009803
Assessment Year2025

About this property

You won't want to miss this amazing 3-bedroom, 2-bath condo with a private courtyard in West Dallas! Bright, open-concept first floor with wood-burning fireplace, fresh paint, new counters, and more! The kitchen features a breakfast bar, granite countertops, SS appliances, a pantry, and ample cabinet space. The primary bedroom is on the main floor with an ensuite bath, a tile shower-tub combo, and updated tile. The secondary bedrooms and bath are upstairs, perfect for roommates, children, or multi-generational living. Just 10 minutes away from Preston Hollow, near top-ranked private schools, & close to everything! One covered parking space is included. Easy access to I-35, 635, Dallas North Tollway, Love Field, & a quick commute to Downtown Dallas! With Burnet Elementary School being just a short walk away, this is an opportunity you don't want to miss!

Investor Tools

$0Estimated Mortgage Balance
$138,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$828 /month
Positive
Cash Flow Estimate:
$276 /month

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Amanda Anzua

Standard Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
$920/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,895
$130,000
2025
N/A
N/A
$130,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,895
$130,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$138,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$920/mo
+$1,052/mo
17.1%

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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3121 Park Lane 1130 | Property Details | No Agent List