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$220,000

NAL Estimated Property Value

8522 Park Ln # C-18, Dallas, TX, 75231

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,997 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$118.93 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator

Exterior

Lot Size1.23 acres

Building Information

Year Built1979
Roof Type105
Garage Spaces2

Land Information

APN00000368170520000
Lot Number3-6
SubdivisionBoardwalk Condo
Land UseResidential
Legal DescriptionBOARDWALK CONDO BLK 1/5217 LOTS 3-6 BLDG C UNIT 18 & 4.202% CE INT202400033943 DD02152024 CO-DC 5217 001 00000 3005217 001
Census Tract007832
Assessed Land Value$33,910
Assessed Improvement Value$186,090
Assessment Year2025

About this property

Welcome to this three-level condo offers a modern living experience with 2 bedrooms, 2.5 bathrooms, and three balconies. The laminate floors throughout the main living areas and ceramic tile in the bathrooms create a stylish and inviting atmosphere. The bedrooms feature cozy carpets. This condo includes a spacious two-car garage and an oversized laundry room for a full-size washer and dryer. Appliances such as a fridge, wine fridge, dishwasher, stove, and microwave are included. The living room boasts a flat-screen TV and an electric built-in fireplace. The primary bedroom has an upstairs loft that can be used as an office, gym, or a quiet haven. Outside you can enjoy a beautiful pool and relaxation area. This property is conveniently located near hospitals, shopping, parks, and restaurants. Improvements are coming to the area!Motivated Seller up to $7k in closing cost depending on offer.

Investor Tools

Property Icon
$220,000
Estimated Property Value
$179,402Estimated Mortgage Balance
$40,598Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,425 /month
Positive
Cash Flow Estimate:
$475 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
$398/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,904
$220,000
2025
$33,910
$186,090
$220,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,904
$220,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$187,000
No
First
Feb 15, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,402
$40,598
18%
82%
$1,122/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,520/mo
+$45/mo
8.5%

City: Dallas

8522 Park Ln # C-18 | Property Details | No Agent List