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$185,000

7731 Meadow Park Drive 218, Dallas, TX, 75230

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,126 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$164.3 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size1.52 acres

Building Information

Year Built1965
Stories1
Roof Type172

Land Information

APN00000706544700000
Lot Number1
SubdivisionPark Meadow Condominium
Land UseResidential
Legal DescriptionPARK MEADOW CONDOMINIUM BLK A/7293 LT 1 BLDG E UNIT 119 CE 3.27553% INT202000257332 DD09212020 CO-DC 7293 00A 00100 1007293
Census Tract013104
Assessed Land Value$86,980
Assessed Improvement Value$137,420
Assessment Year2025

About this property

This well maintained and updated 2nd level condominium in Park Meadow is a must see. The rooms are brightened with light-stained hardwood floors except in bathrooms. The living and dining rooms have recessed and art lighting with separate dimmer controls. The updated kitchen features custom cabinetry with an abundance of storage, a granite work-counter and stainless-steel appliances and countertops. Generous storage abounds in the bedroom walk-in closets, a linen closet and walk-in cedar closet in the hallway and built-in adjustable shelving wall in living room. The interior was recently painted and the home has one covered parking spot conveniently located steps from the back door. All utilities are included.

Investor Tools

Property Icon
$224,400
Estimated Property Value
$0Estimated Mortgage Balance
$224,400Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,346 /month
Positive
Cash Flow Estimate:
$449 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
$501/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,514
$224,400
2025
$86,980
$137,420
$224,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,514
$224,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$224,400
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$501/mo
+$1,064/mo
8.4%

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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