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$127,880

NAL Estimated Property Value

8601 Park Lane 428, Dallas, TX, 75231

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths618 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$202.27 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size4.33 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C82690000D00428
SubdivisionThe Woods On Park Lane Condos
Land UseResidential
Legal DescriptionTHE WOODS ON PARK LANE CONDOS BLK H/5217 ACS 4.332 BLDG D UNIT 428 CE 0.932% INT202200313444 DD12122022 CO-DC 5217H000 000
Census Tract007821
Assessment Year2025

About this property

Beautiful gated community and a fantastic price! 1 BD 1 BA condo ready for entertaining. Nice Kitchen with decorative lighting. Great dining room for socializing. For a smaller unit this condo has a spacious floor plan, plank flooring, and window coverings. Fireplace in the living room, washer dryer in kitchen hallway and good size bathroom. Low maintenance community landscaping makes the area nice year around, well maintained. Condo has nice patio with great storage and access from living and bedroom. Desirable neighborhood with terrific shopping. 2-minute walk to the SOPAC Trail. Easy access to all major highways. Located just blocks east of 75 and minutes from North Park mall, TOP GOLF and more. This location is poised for new development. Come see for yourself!

Investor Tools

Property Icon
$127,880
Estimated Property Value
$84,314Estimated Mortgage Balance
$43,566Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$767 /month
Positive
Cash Flow Estimate:
$256 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$254/month
$234/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,403
$127,880
2025
N/A
N/A
$127,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,403
$127,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$90,000
No
First
Dec 12, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,314
$43,566
34%
66%
$540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$774/mo
+$552/mo
12.4%

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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8601 Park Lane 428 | Property Details | No Agent List