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$245,000

7805 Royal Ln, Dallas, TX, 75230

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,009 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$242.81 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Washer
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size2.40 acres

Building Information

Year Built1965
Stories2
Roof Type172

Land Information

APN00000706454900000
Lot Number1
SubdivisionRoyal Knoll Condominiums
Land UseResidential
Legal DescriptionROYAL KNOLL CONDOMINIUMS BLK 3/7288 LT 1 BLDG A SEC C APT 7805 CE 1.6% INT202400131111 DD06282024 CO-DC 7288 003 001 1007288
Census Tract013101
Assessed Land Value$50,280
Assessed Improvement Value$186,840
Assessment Year2025

About this property

Updated modern industrial feel Dallas condo that is move-in ready! Second-floor entry that receives you with immediate at-home vibes. From the exposed brick walls, engineered hardwood flooring, & classic yet modern touches, every room is on point! Open FP offers space for comfortable living & entertaining guests! The large living area is filled with natural light & is anchored by a brick gas fireplace. W & D hookup in closet. An eat-in kitchen boasts Quartz counters, glass tile backsplash, electric range, microwave, & crisp white cabinets. Recently added half bath is perfect for visitors. Upstairs, are the generously sized Primary w-ensuite & walk-in closet as well as a secondary bedroom that also has ensuite & walk-in closet. Notice great storage throughout. The patio, with BoB fencing & sealed pavement provide the perfect area to create a relaxing space. You also have a private covered parking space separated w-garage door. Enjoy the community pool, nearby jogging & biking trails!

Investor Tools

Property Icon
$237,120
Estimated Property Value
$192,000Estimated Mortgage Balance
$51,721Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
$457/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,961
$237,120
2025
$50,280
$186,840
$237,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,961
$237,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Standard Mortgage Corp
Conventional
$192,000
No
First
Jun 28, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,399
$51,721
21%
78%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,609/mo
$-44/mo
7.9%

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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