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Owner Contacts

$278,000

NAL Estimated Property Value

3135 Royal Ln, Dallas, TX, 75229

Off Market

2 Beds

1 Bath

1,243 Sq Ft

Single Family Residence

$184.23 / sqft

Built in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Microwave

FlooringTile

Exterior

Exterior FeaturesPrivate Yard

Lot Size3,125 sqft

Building Information

Year Built1983

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00659900010190000

Lot Number19

SubdivisionThe Gables At Royal Lane

Land UseResidential

Legal DescriptionTHE GABLES AT ROYAL LANE BLK 1/6599 LOT 19 ROYAL LN INT202300252504 DD12012023 CO-DC 6599 001 01900 2DA6599 001

Census Tract009611

Assessed Land Value$60,000

Assessed Improvement Value$181,070

Assessment Year2025

About this property

Welcome to this beautiful centrically located home right off of Royal Ln. Upon entering you'll be approached with high ceilings and decorative lighting. The house features an updated kitchen with granite countertops and fresh paint throughout the interior and exterior of the house along with versatile layout to meet everyone's needs.

Investor Tools

$278,000

Estimated Property Value

$171,161Estimated Mortgage Balance

$106,839Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,668 /month

Positive

Cash Flow Estimate:

$556 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$565/month

$75/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,388

$241,070

2025

$60,000

$181,070

$241,070

Tax History

Year

Tax Paid

Assessed Value

2024

$5,388

$241,070

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Home Mortgage Llc

Conventional

$179,000

First

Dec 1, 2023

Jan 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$171,161

$106,839

38%

62%

$1,074/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,149/mo

+$416/mo

6.8%

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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