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$260,610

NAL Estimated Property Value

8560 Park Lane 101, Dallas, TX, 75231

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,465 Sq Ft
price_per_sqft$105.8 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh Equity

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
AppliancesDisposal, Electric Oven, Electric Range, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6.13 acres

Building Information

Year Built1974
Stories2
Roof Type172
Garage Spaces2

Land Information

APN00000368206130000
Lot Number1
SubdivisionPark Lane Place Condo
Land UseResidential
Legal DescriptionPARK LANE PLACE CONDO BLK 2/5217 PT LT 1 ACS 5.61 BLDG A UNIT 101 CE% 1.5126 INT202200256466 DD09232022 CO-DC 5217 002 001
Census Tract007832
Assessed Land Value$60,590
Assessed Improvement Value$200,020
Assessment Year2025

About this property

Gorgeous townhome in great location. Only a mile away from I -75. The townhome features 3 bedrooms and 3 full bathrooms with a 2 car garage. All the bedrooms are located upstairs, along with 2 full bathrooms. Downstairs is the living area, kitchen, dining area, back patio, small bar area, and a full bathroom. Updated color, bathrooms and kitchen. Ready to move in. Townhome is inside security gates.

Investor Tools

Property Icon
$260,610
Estimated Property Value
$175,806Estimated Mortgage Balance
$84,804Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,564 /month
Positive
Cash Flow Estimate:
$521 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
$346/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,447
$260,610
2025
$60,590
$200,020
$260,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,447
$260,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$188,665
No
First
Sep 23, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,806
$84,804
32%
67%
$1,132/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,478/mo
+$494/mo
9.1%

City: Dallas

8560 Park Lane 101 | Property Details | No Agent List