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$185,080

NAL Estimated Property Value

7806 Royal Ln # F-218, Dallas, TX, 75230

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,121 Sq Ft
price_per_sqft$178.41 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Washer
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Private PoolPrivate Pool
Lot Size2.30 acres

Building Information

Year Built1963
Stories2
Roof Type105

Land Information

APN00000706445980000
Lot Number2
SubdivisionRoyal Oaks Condominiums
Land UseResidential
Legal DescriptionROYAL OAKS CONDOMINIUMS BLK 2/7288 LT 2 BLDG F UNIT 218 CE 2.1177% INT201800301315 DD11072018 CO-DC 7288 002 002 1007288 002
Census Tract013106
Assessed Land Value$84,720
Assessed Improvement Value$100,360
Assessment Year2025

About this property

Beautifully Updated Royal Oaks Condo in Prime Location! ELECTRIC AND WATER INCLUDED IN YOUR HOA FEES! This charming condo features a lovely kitchen with granite countertops, subway tile backsplash, and sleek stainless steel appliances. The open living and dining area boasts new wood floors, plantation shutters, a cozy fireplace, and a large balcony that overlooks the serene pool area. The home offers two generous bedrooms with new carpet, including a master suite with three large closets, a vanity area, and a newly remodeled bathroom. Additional features include an extra storage closet outside, gated, covered parking, and access to a park-like nature path with a trickling creek, perfect for relaxation and nature walks.

Investor Tools

Property Icon
$185,080
Estimated Property Value
$118,976Estimated Mortgage Balance
$66,104Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
$726/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,029
$185,080
2025
$84,720
$100,360
$185,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,029
$185,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$140,125
No
First
Nov 7, 2018
Dec 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,976
$66,104
35%
64%
$841/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,567/mo
$-2/mo
10.1%

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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