7view

Owner Contacts

$203,000

NAL Estimated Property Value

8560 Park Lane 89, Dallas, TX, 75231

Off Market

2 Beds

3 Bath

1,299 Sq Ft

$160.89 / sqft

Built in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Microwave

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard

Lot Size6.13 acres

Building Information

Year Built1974

Stories1

Roof Type172

Garage Spaces2

Land Information

APN00000368206880000

Lot Number1

SubdivisionPark Lane Place Townhome

Land UseResidential

Legal DescriptionPARK LANE PLACE TOWNHOME BLK 2/5217 PT LT 1 ACS 5.61 BLDG C UNIT 131 CE 0.7767% APT 39 INT202100220473 DD07192021 CO-DC 5217

Census Tract007832

Assessed Land Value$31,120

Assessed Improvement Value$135,790

Assessment Year2025

About this property

Beautiful townhome in a quiet secluded community in the desirable Vickery Meadow neighborhood just minutes from 75. Prime location next to the gorgeous White Rock Creek greenbelt and just around the corner from the Dallas Arboretum. Bright open floor plan with vaulted ceilings and lots of natural light. Beautiful hand scrapped style wood floors throughout the 1st floor living areas and bedrooms. Galley kitchen opens to the dining room and features crisp white cabinets, tile counters and breakfast bar. First floor powder bath for guests. Second floor master with ensuite bath boasting furniture style vanity. Attached full sized 2 car garage. Multiple out door living spaces including covered front courtyard, balcony and private back yard patio. MULTIPLE OFFERS ReceiveD, PLEASE SUBMUT HIGHEST AND BEST BY 1:00 PM ON MARCH 20, 2023

Investor Tools

$203,000

Estimated Property Value

$0Estimated Mortgage Balance

$203,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,254 /month

Positive

Cash Flow Estimate:

$418 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$313/month

$400/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,739

$166,910

2025

$31,120

$135,790

$166,910

Yes (2022)

Tax History

Year

Tax Paid

Assessed Value

2024

$2,739

$166,910

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$203,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$400/mo

+$1,572/mo

11.7%

Learn About the Market: Opportunity in Dallas

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