1view

$96,000

3121 Park Lane 1147, Dallas, TX, 75220

Off Market

2 Beds

2 Bath

970 Sq Ft

Condos / Townhouses

$118.51 / sqft

Built in 1969

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer

FlooringTile, Vinyl

Exterior

Lot Size9.13 acres

Building Information

Year Built1969

Stories1

Roof Type172

Land Information

APN00000597575740000

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 P UNIT 1106 & 0.564% CE INT202500045938 DD03042025 CO-DC 6456

Census Tract009803

Assessed Land Value$14,570

Assessed Improvement Value$77,760

Assessment Year2025

About this property

Open and Airy Condo Located in a Central Area Between Dallas North Tollway and I35. Move-in Ready 2 Bedroom 2 Bathroom Condo. Master Downstairs With Full Bath, Walk-in Shower and Walk-in Closet With Built-in Shelves. Second Bedroom Upstairs With Full Bath. Both Bathroom Has Granite Vanity, Linen Closet, Tiled Floor. Recently Installed Vinyl Plank Flooring. No Carpet in Condo. Private Fenced Courtyard Great for Barbecues and Relaxation. Near Technical Schools and Medical District. Bus Stop Walkable Distance. Swimming Pool, Garbage, Covered Parking, Mailroom, Landscaping, Hot and Cold Water Are Provided and Maintained by HOA. Selling So Soon Due to Relocation - They Don’t Want to Leave!

Investor Tools

$96,000

Estimated Property Value

$0Estimated Mortgage Balance

$96,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$690 /month

Positive

Cash Flow Estimate:

$230 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$40/month

$652/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$92,330

2025

$14,570

$77,760

$92,330

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$92,330

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$96,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$652/mo

+$913/mo

19.6%

Learn About the Market: Opportunity in Dallas

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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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