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$148,500

$155,000

8601 Park Lane 323, Dallas, TX, 75231

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths884 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$167.99 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size4.33 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C82690000C00323
SubdivisionThe Woods On Park Lane Condos
Land UseResidential
Legal DescriptionTHE WOODS ON PARK LANE CONDOS BLK H/5217 ACS 4.332 BLDG C UNIT 323 CE 1.334% INT202200163266 DD06092022 CO-DC 5217 00H 00000
Census Tract007821
Assessed Land Value$37,760
Assessed Improvement Value$147,260
Assessment Year2025

About this property

Beautifully renovated 2BD, 1BA, 2nd floor condo in the heart of all things Dallas. Meticulously maintained, redesigned and remodeled to include lovely Kitchen and Bathroom, storage throughout, recessed lighting, tile & luxury plank floors, like new SS appliances with tasteful light and bright colors. Painted, updated cabinets, tile countertops, and open breakfast bar. Lovely finishes throughout. The spacious living area with fireplace and dining room combo is ideal for dinner gatherings. This is a gated community with reserved parking (covered). HOA maintains the grounds, including the gated entry, pool, & common areas. Quiet and serene location steps away from SOPAC TRAIL, North Park Mall, Downtown Dallas, Lower Greenville, I-75 and 635. Great opportunity to own in a private gated community.

Investor Tools

$138,401Estimated Mortgage Balance
$46,619Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

Interested in this property?

Margaret Cerchione

Keller Williams Central

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$101/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$288
$185,020
2025
$37,760
$147,260
$185,020
No

Tax History

Year
Tax Paid
Assessed Value
2025
$288
$185,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$149,600
No
First
Jun 9, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,401
$46,619
25%
75%
$897/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,357/mo
+$208/mo
10.2%

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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