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$653,000

3636 Royal Ln, Dallas, TX, 75229

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,562 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.64 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringVaries

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard, Private Entrance, Private Yard, Storage
Lot Size11,687 sqft

Building Information

Year Built1957
Stories1
Roof Type104
Garage Spaces2

Land Information

APN00000587827000000
Lot Number20
SubdivisionSparkman
Land UseResidential
Legal DescriptionSPARKMAN ESTATES 1ST INST BLK C/6430 LOT 20 ROYAL LANE & LATHROP DR INT202300121216 DD06202023 CO-DC 6430 00C 02000 1006430
Census Tract009702
Assessed Land Value$285,000
Assessed Improvement Value$305,340
Assessment Year2025

About this property

One of a kind, unique corner lot home in sought after Sparkman Estates with so many options to use as you wish. Upon arrival, pull into the gated circle drive with entrance from Royal Ln and from the side street with side carport with tons of outdoor storage and natural landscaping. Enter through grand front door into the living areas featuring massive built ins. Huge kitchen complete with pot filler and granite countertops. Don't miss the massive butlers pantry off the kitchen which is perfect to store all of your special kitchen items. Off to the back of the house is a large living room that could be converted into a 3rd bedroom with its own half bathroom and private entrance. Going back to the entry way, take the hallway to the guest bedroom and beautifully decorated bathroom. Continue down the hallway to the grand master suite complete with beautiful wall of windows, tons of built ins, gorgeous master bathroom and custom closet. Beautiful outdoor areas complete with pool and shed.

Investor Tools

Property Icon
$653,000
Estimated Property Value
$480,000Estimated Mortgage Balance
$198,629Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,918 /month
Positive
Cash Flow Estimate:
$1,306 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,372/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,194
$590,340
2025
$285,000
$305,340
$590,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,194
$590,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$480,000
No
First
Jun 20, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,371
$198,629
30%
70%
$2,878/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$2,878/mo
$-1,313/mo
2.9%

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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3636 Royal Ln | Property Details | No Agent List