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$237,120

NAL Estimated Property Value

7813 Royal Lane, Dallas, TX, 75230

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,009 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$148.66 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size2.40 acres

Building Information

Year Built1965
Stories2
Roof Type172
Garage Spaces1

Land Information

APN00000706455300000
Lot Number1
SubdivisionRoyal Knoll Condominiums
Land UseResidential
Legal DescriptionROYAL KNOLL CONDOMINIUMS BLK 3/7288 LT 1 BLDG A SEC C APT 7813 CE 1.6% INT202000142375 DD06022020 CO-DC 7288 003 001 1007288
Census Tract013101
Assessed Land Value$50,280
Assessed Improvement Value$186,840
Assessment Year2025

About this property

Fabulous condo in a wonderful neighborhood. HOA includes all utilities, water, electric and maintenance. Very well maintained complex. Updated kitchen with Granite countertops, laminate floors in living room. Close to many restaurants, shopping including North Park Mall, and parks. One car closed carport with garage door for security. North Haven Trail directly behind. Very minutes away making it very accessible to HWY 75 and 635.

Investor Tools

Property Icon
$237,120
Estimated Property Value
$104,407Estimated Mortgage Balance
$132,713Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,423 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
$428/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,465
$237,120
2025
$50,280
$186,840
$237,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,465
$237,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City First Mortgage Services Llc
Conventional
$118,000
No
First
Jun 2, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,407
$132,713
55%
44%
$708/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,136/mo
+$429/mo
7.9%

City: Dallas

7813 Royal Lane | Property Details | No Agent List