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Owner Contacts

$129,000

7929 Royal Lane 205, Dallas, TX, 75230

Off Market

2 Beds

2 Bath

976 Sq Ft

Condos / Townhouses

$132.17 / sqft

Built in 1964

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Refrigerator

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private Pool

Exterior FeaturesRain Gutters, Lighting

Lot Size2.34 acres

Building Information

Year Built1964

Stories1

Roof Type105

Land Information

APN00000706456870000

Lot Number2

SubdivisionPark Royal Condominiums

Land UseResidential

Legal DescriptionPARK ROYAL CONDOMINIUMS BLK 3/7288 LOT 2 BLDG C UNIT 205 CE 1.8074% INT201900156035 DD06132019 CO-DC 7288 003 00200 1007288

Census Tract013101

Assessed Land Value$55,150

Assessed Improvement Value$120,530

Assessment Year2025

About this property

~Amamamazing Location!~ Cute, Cute, CUTE condo in the heart of it! Spacious, bright & beautifully maintained 2 BR 2 BA Love Nest w AC in 2015, designer paints & new windows (2016), new crpt (2019), bright & blonde wood laminates, c-molding, granite c-tops, awesome storage w walk-ins in BRs, bonus clst in MBR & even another closet in the hall, BIG BRs, built-ins, ensuite Master Bath w tub, updated bronze fans & more! Fridge, washer & dryer may stay! Comm Pool! HOA incl insurance, water, lawn & pool maint, cable, trash & more! Northhaven Trail out back & minutes from NorthPark Ctr, Royal Oaks CC, JCC, Moss Park, Top Golf, Central Mrkt, Studio Movie Grill & more! Easy access to 75, DNT, 635 & Downtown! Must See!!!

Investor Tools

$175,680

Estimated Property Value

$0Estimated Mortgage Balance

$86,256Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,054 /month

Positive

Cash Flow Estimate:

$351 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$355/month

$299/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,381

$175,680

2025

$55,150

$120,530

$175,680

Tax History

Year

Tax Paid

Assessed Value

2024

$3,381

$175,680

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rlm Mortgage Llc

Conventional

$103,680

First

Jun 13, 2019

Jul 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$89,424

$86,256

49%

51%

$622/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$921/mo

+$644/mo

10.7%

Learn About the Market: Opportunity in Dallas

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