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$189,000

7861 Meadow Park Drive A, Dallas, TX, 75230

$191,954 ARVInfo
Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,369 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$138.06 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Refrigerator, Washer

Exterior

Exterior FeaturesAwning(s)
Lot Size2.24 acres

Building Information

Year Built1970
Stories2
Roof Type172

Land Information

APN00000706540180000
SubdivisionEl Camino Real Condominium
Land UseResidential
Legal DescriptionEL CAMINO REAL CONDOMINIUM BLK 7293 ACS 3.1602 BLDG A UNIT 7861 CE 1.8568% INT201500295322 DD10222015 CO-DC 7293 000 000
Census Tract013104
Assessed Land Value$54,460
Assessed Improvement Value$212,500
Assessment Year2025

About this property

MOTIVATED SELLER!! ARE YOU TIRED OF RENTING??? DOES BEING CLOSE TO TRADER JOES, RESTAURANTS & GREAT SHOPPING SOUND APPEALING? Then urban living in this wonderful condo with a townhouse feel is for you! One of only two - 2 story units - in the entire complex. No upstairs neighbors. Open floor-plan. 1st floor features living, dining, half bath, and nicely updated kitchen with SS appliances, granite counters, and backsplash. Washer and Dryer and Fridge included. Covered patio for easy grilling and patio gate that leads to assigned covered parking spot. Upstairs has 2 bedrooms each with ensuite baths and additional storage. Flexible floorpan. Great for roommates or make one of the bedrooms an office, so many options! Walking distance to Franklin Middle School, and Hillcrest High School. Perfect location. You'll love the convenient access to major highways and downtown. PLUS this summer you'll enjoy time at any one of the 2 pools. HOA includes water, sewer, cable. THIS CONDO IS LOOKING FOR NEW OWNERS. IS IT YOU???

Investor Tools

Property Icon
$266,960
Estimated Property Value
$0Estimated Mortgage Balance
$76,783Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$191,954
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,602 /month
Positive
Cash Flow Estimate:
$534 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
$562/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,979
$266,960
2025
$54,460
$212,500
$266,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,979
$266,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Fha
$185,576
Yes
First
Jul 30, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,177
$76,783
28%
71%
$1,158/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,720/mo
$-155/mo
7.0%

Learn About the Market: Opportunity in Dallas

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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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7861 Meadow Park Drive A | Property Details | No Agent List