1view

Owner Contacts

$100,360

NAL Estimated Property Value

3121 Park Ln # R-1097, Dallas, TX, 75220

Off Market

1 Beds

1 Bath

551 Sq Ft

$170.6 / sqft

Built in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Electric Range

FlooringTile, Vinyl

Exterior

Private Pool

Lot Size9.13 acres

Building Information

Year Built1969

Stories1

Roof Type172

Land Information

APN00000597576040000

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 R UNIT 1097 & 0.321% CE INT202400167821 DD08202024 CO-DC 6456

Census Tract009803

Assessed Land Value$8,290

Assessed Improvement Value$92,070

Assessment Year2025

About this property

Cozy 1 Bedroom 1 bath with Private Patio only 3 miles from Dallas Love Field airport!! Updates include fresh paint throughout all the interior, new vinyl flooring in main living spaces, New tile flooring in bathroom, Newly updated shower, new toilet and bathroom sink. New bedroom closet doors being installed.. pictured ones are temporary. Unit has no one above or below. It comes with Reserved covered parking. This is a great opportunity to own real estate in a conveniently located area near major highways, shopping and restaurants. Perfect starter home!! Even great as an investment home. HOA covers a lot!! It covers water, roof, trash, secure mailroom, laundry room, pool, exterior, common area maintenance, water heater and blanket insurance.

Investor Tools

$100,360

Estimated Property Value

$0Estimated Mortgage Balance

$100,360Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$602 /month

Positive

Cash Flow Estimate:

$201 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$229/month

$455/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,243

$100,360

2025

$8,290

$92,070

$100,360

Tax History

Year

Tax Paid

Assessed Value

2024

$2,243

$100,360

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$100,360

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,326/mo

$455/mo

+$871/mo

15.9%

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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