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$149,130

NAL Estimated Property Value

3121 Park Ln Apt 1124, Dallas, TX, 75220

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,193 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.55 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave

Exterior

Lot Size9.13 acres

Building Information

Year Built1969
Stories1
Roof Type172

Land Information

APN00000597576320000
Lot Number4
SubdivisionPark Lane Townhomes Ph 2
Land UseResidential
Legal DescriptionPARK LANE TOWNHOMES PH 2 BLDG U UNIT 1124 & 0.694% CE BLK A/6456 LT 4 & PT LTS 2, 3 & 5 INT201800334815 DD12192018 CO-DC 6456
Census Tract009803
Assessment Year2025

About this property

Don't miss out on this amazing, recently refreshed, 3-bedroom, 2-bath condo with private courtyard in West Dallas! Bright, open-concept first floor with a wood-burning fireplace and updated flooring, and more! The kitchen features a breakfast bar, black and SS appliances, new counters, new backsplash, new cabinet facing, new sink, new disposal, & ample storage space. The primary bedroom is located on the main floor, with a walk-in closet, & the ensuite bath features granite countertops & a shower-tub combo with new tile. The 2 secondary bedrooms and bath are upstairs, perfect for roommates, children, or multi-generational living. 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! Schedule your Showing today!

Investor Tools

Property Icon
$149,130
Estimated Property Value
$0Estimated Mortgage Balance
$149,130Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$895 /month
Positive
Cash Flow Estimate:
$298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,333
$149,130
2025
N/A
N/A
$149,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,333
$149,130

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$149,130
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
15.9%

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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3121 Park Ln Apt 1124 | Property Details | No Agent List