B+

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Owner Contacts

$135,800

NAL Estimated Property Value

3121 Park Ln # U-1126, Dallas, TX, 75220

Off Market

2 Beds

2 Bath

970 Sq Ft

Condos / Townhouses

$134.02 / sqft

Built in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Lot Size9.13 acres

Building Information

Year Built1969

Stories1

Roof Type172

Land Information

APN00000597576360000

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 U UNIT 1126 CE 0.564% INT202300123829 DD06212023 CO-DC 6456

Census Tract009803

Assessed Land Value$14,570

Assessed Improvement Value$121,230

Assessment Year2025

About this property

Vacant and Move-in ready! Shows great! Living room is light and inviting with a large window opening to your private patio. Faux wood ceramic title flooring, fireplace and ceiling fan too! Kitchen has pendant and can lighting, plus a SS range. Each bedroom has it's own bath. No carpet in this one; all hard surface flooring. Outside enjoy the beautiful pool. Covered, reserved parking, too. Conventional or cash for financing. This floorplan rents for $1650 per month.

Investor Tools

$135,800

Estimated Property Value

$110,753Estimated Mortgage Balance

$25,047Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$815 /month

Positive

Cash Flow Estimate:

$272 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$310/month

$651/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,035

$135,800

2025

$14,570

$121,230

$135,800

Tax History

Year

Tax Paid

Assessed Value

2024

$3,035

$135,800

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Conventional

$117,000

First

Jun 21, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$110,753

$25,047

18%

82%

$702/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,353/mo

+$212/mo

13.8%

Learn About the Market: Opportunity in Dallas

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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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