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B+
NoAgentList RatingHow are grades calculated? Info
Days34Days on Market
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$145,000

$149,500

7806 Royal Lane 224, Dallas, TX, 75230

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,122 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$129.23 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringHardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size2.30 acres

Building Information

Year Built1963
Stories2
Roof Type105

Land Information

APN00000706446260000
Lot Number2
SubdivisionRoyal Oaks Condominiums
Land UseResidential
Legal DescriptionROYAL OAKS CONDOMINIUMS BLK 2/7288 LOT 2 BLDG J UNIT 224 CE 2.1177% INT202000253865 DD09172020 CO-DC 7288 002 002 1007288 002
Census Tract013106
Assessed Land Value$84,720
Assessed Improvement Value$109,580
Assessment Year2025

About this property

Wonderful 2 bedroom, 2 bath condo offering comfortable living space in the heart of Dallas. The living room, dining room and bedrooms feature beautiful hardwood floors with a herring bone design. The efficient kitchen offers granite counter tops, tile floors, all the necessary appliances and utility hook-ups for a full size washer & dryer. The open-concept living and dining area, with a wood burning fireplace, opens to the outdoor, covered patio, that overlooks the pool, and is perfect for entertaining. An abundance of natural light enters the home through the dining room's floor to ceiling glass windows, equipped with plantation shutters. The primary suite offers ample closet space, an ensuite bath and your choice of a sitting area, make-up area or office area. Both bathrooms feature italian tile floors. Condo has ample storage and stylish light fixtures. Enjoy the convenience of low-maintenance living with access to a sparkling community pool, just steps from your front door, on-site laundry facilities, and an assigned covered parking spot in the gated area. The HOA also covers exterior maintenance, water, trash, and most utilities — making this an ideal opportunity for effortless urban living. For those who want effortless living, a true lock-and-leave lifestyle, this home provides unmatched convenience to freeways, shopping, dining, entertainment and schools. If you're an outdoor enthusiast, Northaven Trail is just steps away. If you're looking to downsize, travel freely, or enjoy a streamlined lifestyle, come tour this condo!

Investor Tools

Property Icon
$194,300
Estimated Property Value
$0Estimated Mortgage Balance
$69,641Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,166 /month
Positive
Cash Flow Estimate:
$389 /month

Interested in this property?

Valerie Horton

Coldwell Banker Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
$805/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,183
$194,300
2025
$84,720
$109,580
$194,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,183
$194,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
On Q Financial Inc
Conventional
$140,600
No
First
Sep 17, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,659
$69,641
35%
64%
$843/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,648/mo
$-83/mo
9.7%

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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7806 Royal Lane 224 | Property Details | No Agent List