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$173,700

NAL Estimated Property Value

7937 Royal Lane 223, Dallas, TX, 75230

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths965 Sq Ft
price_per_sqft$123.21 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size2.34 acres

Building Information

Year Built1964
Stories1
Roof Type105

Land Information

APN00000706457210000
Lot Number2
SubdivisionPark Royal Condominiums
Land UseResidential
Legal DescriptionPARK ROYAL CONDOMINIUMS BLK 3/7288 LOT 2 BLDG K UNIT 223 CE 1.7870% INT201900066169 DD03142019 CO-DC 7288 003 00200 1007288
Census Tract013101
Assessed Land Value$54,540
Assessed Improvement Value$119,160
Assessment Year2025

About this property

Move in Ready, Perfect opportunity to purchase in a great area with equity! Area is close to downtown Dallas. Come check it out!

Investor Tools

Property Icon
$173,700
Estimated Property Value
$79,852Estimated Mortgage Balance
$93,848Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,042 /month
Positive
Cash Flow Estimate:
$347 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
$290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,565
$173,700
2025
$54,540
$119,160
$173,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,565
$173,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Unknown
$93,200
No
First
Mar 14, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,852
$93,848
54%
46%
$559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$849/mo
+$716/mo
10.8%

City: Dallas

7937 Royal Lane 223 | Property Details | No Agent List