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$126,100

3121 Park Ln # Z-1153, Dallas, TX, 75220

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths970 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.7 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringLaminate

Exterior

Lot Size9.13 acres

Building Information

Year Built1969
Stories1
Roof Type172

Land Information

APN00000597576860000
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 Z UNIT 1153 & CE 0.564% INT202300238265 DD11202023 CO-DC 6456
Census Tract009803
Assessed Land Value$14,570
Assessed Improvement Value$111,530
Assessment Year2025

About this property

This gorgeous, newly remodeled townhouse is in a fantastic central location and is ready for immediate occupancy. Modern, shaker-style cabinets and granite counters make up this spacious kitchen along with stainless-steel appliances. Everything has been updated, from the flooring to the fixtures to the light switches. There is one downstairs bedroom and full bathroom. An additional bedroom and full bathroom are located on the second floor. Which is perfect for roommates looking rent together. Easy access to 635 & I-35 & Tollway. Shopping and public transportation nearby.

Investor Tools

Property Icon
$126,100
Estimated Property Value
$0Estimated Mortgage Balance
$126,100Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$757 /month
Positive
Cash Flow Estimate:
$252 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,818
$126,100
2025
$14,570
$111,530
$126,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,818
$126,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$126,100
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
14.9%

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 # Z-1153 | Property Details | No Agent List