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$885,000

NAL Estimated Property Value

8347 Coral Dr, Dallas, TX, 75243

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,570 Sq Ft
price_per_sqft$266.11 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringStone, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,114 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces1

Land Information

APN007521000B0110000
Lot Number11
SubdivisionRoyal Lane Village
Land UseResidential
Legal DescriptionROYAL LANE VILLAGE BLK B/7521 LT 11 INT202000084060 DD03202020 CO-DC 7521 00B 01100 3DA7521 00B
Census Tract007805
Assessed Land Value$200,000
Assessed Improvement Value$628,390
Assessment Year2025

About this property

Welcome to 8347 Coral Drive located in the highly sought-after Royal Lane Village, where sophistication meets modern convenience in this luxury residence. Situated on a corner lot, this home offers privacy, elegance, & exceptional amenities. Soaring ceilings, gleaming hardwood floors welcome you into this luxurious home featuring gleaming hardwood floors throughout, a stylish living room with a fireplace, separate dining room & separate great room with its own fireplace—perfect for intimate evenings or grand entertaining. A full-service elevator provides easy access to all levels. The kitchen flows seamlessly to the bar and oversized patio with built-in grill—ideal for alfresco gatherings. The gourmet kitchen is a chef’s dream, appointed with professional-grade Viking appliances, Thermador retractable island exhaust, granite countertops, & a glass subway tile backsplash. Smart functionality meets sleek design with remodeled cabinetry, a built-in recycling center, rollout wire shelving, & spacious pantry. Downstairs, the primary suite is a private sanctuary, complete with a generous sitting area & a spa-inspired ensuite. Luxuriate in the curbless marble shower, soaking tub, and exquisite Carrera marble finishes throughout. The custom walk-in closet offers unparalleled space and design. Additional highlights include dual zone HVAC-2 units; 2 water heaters; plantation shutters throughout; security system; oversized backyard. Upstairs, an expansive entertainment area awaits—perfect for game nights, media viewing, or hosting guests. Nestled in a quiet, gated community with easy access to major highways, shopping, dining, and entertainment, this home combines suburban tranquility with city convenience.

Investor Tools

Property Icon
$885,000
Estimated Property Value
$0Estimated Mortgage Balance
$885,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,225/month
$313/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,271
$828,390
2025
$200,000
$628,390
$828,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,271
$828,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$885,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$313/mo
+$1,659/mo
2.7%

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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8347 Coral Dr | Property Details | No Agent List