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$155,000

8404 Forest Lane 305, Dallas, TX, 75243

On MarketInfo
Beds1 Beds
Baths2 Bath
Baths928 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$167.03 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size4.70 acres

Building Information

Year Built1984
Stories1
Roof Type105

Land Information

APN00C22430000C00305
Lot Number2
SubdivisionForest Point Tnhm Condos Ph I-Ii
Land UseResidential
Legal DescriptionFOREST POINT TNHM CONDOS PH I-II BLK 1/7501 LOT 2 4.7042 ACS. BLDG C UNIT 305 CE 1.421% INT202000260593 DD09232020 CO-DC 7501
Census Tract007805
Assessed Land Value$52,410
Assessed Improvement Value$89,590
Assessment Year2025

About this property

Modern condo living in the heart of Dallas. This beautifully maintained 1 bedroom, 1.5 bathroom condo at 8404 Forest Lane #305 offers a spacious and functional layout with abundant natural light and stylish finishes throughout. The open concept living and dining area flows seamlessly to the kitchen, creating an ideal space for entertaining or everyday living. The primary suite features a private bath and generous closet space, while the secondary bedroom offers flexibility for guests, a home office, or additional living needs. Enjoy low maintenance living with community amenities and a convenient location near shopping, dining, major highways, and everyday conveniences. Perfect for first time buyers, investors, or anyone seeking a lock and leave lifestyle in an established Dallas community.

Investor Tools

Property Icon
$166,000
Estimated Property Value
$0Estimated Mortgage Balance
$71,923Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$996 /month
Positive
Cash Flow Estimate:
$332 /month

Interested in this property?

Denise Johnson

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
$372/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,751
$142,000
2025
$52,410
$89,590
$142,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,751
$142,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$104,625
No
First
Mar 26, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,077
$71,923
43%
57%
$628/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$1,000/mo
+$326/mo
9.6%

Learn About the Market: Opportunity in Dallas

Local Market Pages
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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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8404 Forest Lane 305 | Property Details | No Agent List