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$599,000

$625,000

5820 Royal Ln, Dallas, TX, 75230

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,565 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$382.75 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size11.31 acres

Building Information

Year Built1969
Stories1
Roof Type172

Land Information

APN00000414682110000
Subdivision5800 Royal Lane Condos
Land UseResidential
Legal Description5800 ROYAL LANE CONDOS A/5505-B5505 & PT BLK C/5505 BLDG A UNIT 5820 & 0.70% CE INT202100264550 DD08312021 CO-DC 5505 00A 000
Census Tract007605
Assessed Land Value$103,470
Assessed Improvement Value$305,600
Assessment Year2025

About this property

Near Preston Hollow, this thoughtfully updated residence blends timeless character with curated designer finishes and modern functionality. Every space has been enhanced with elevated materials, smart home features, and custom details throughout, creating a home that feels refined yet highly livable. Natural light fills the interiors through Low-E double-pane windows, complementing warm tones, updated lighting, and custom window treatments. The living spaces offer an inviting flow with layered textures, built-ins, and tailored details that create a sophisticated yet comfortable atmosphere throughout the home. The kitchen is a standout with an imported British Racing Green AGA Classic eR7 range featuring multiple ovens and cast-iron cooking surfaces, paired with a fully integrated JennAir RISE refrigerator, professional-grade Kraus sink, Touch2O faucet, and custom pantry organization system. Visual Comfort lighting, designer hardware, and thoughtful storage solutions elevate both style and functionality. Additional upgrades throughout the home include Phillip Jeffries and Schumacher wallcoverings, Farrow & Ball painted interior doors, crystal hardware, smart locks, Nest thermostats and detectors, Ring cameras, LED Halo lighting, and Alexa-integrated smart vents. Major system improvements include a new water heater, updated air handling system, insulation, plumbing updates, and copper electrical improvements in the kitchen. Ideally positioned near Preston Royal, NorthPark Center, ESD, St. Mark’s, and major thoroughfares including the Dallas North Tollway and Central Expressway, the location offers convenient access to premier shopping, dining, and everyday amenities while maintaining a quiet residential setting. $857 covers landscaping, mechanical systems (AC, Water Heater), Fencing and security, pools, cable, 5G Internet, porter service, exterior lights, gutters, Gutters, Roof, Carport cleaning.

Investor Tools

$219,015Estimated Mortgage Balance
$401,671Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,714 /month
Positive
Cash Flow Estimate:
$1,238 /month

Interested in this property?

Debbie Sherrington

Dave Perry Miller Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
$857/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,910
$409,070
2025
$103,470
$305,600
$409,070
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,910
$409,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$240,750
No
First
Aug 31, 2021
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,015
$190,055
46%
35%
$1,444/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$2,301/mo
$-736/mo
3.0%

City: Dallas

5820 Royal Ln | Property Details | No Agent List