B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$185,020

NAL Estimated Property Value

8601 Park Lane 514, Dallas, TX, 75231

Off Market

2 Beds

1 Bath

884 Sq Ft

Condos / Townhouses

$158.26 / sqft

Built in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesBalcony

Lot Size4.33 acres

Building Information

Year Built1982

Stories1

Roof Type105

Land Information

APN00C82690000E00514

SubdivisionThe Woods On Park Lane Condos

Land UseResidential

Legal DescriptionTHE WOODS ON PARK LANE CONDOS BLK H/5217 ACS 4.332 BLDG E UNIT 514 CE 1.334% INT202400190426 DD09182024 CO-DC 5217 00H 000

Census Tract007821

Assessed Land Value$37,760

Assessed Improvement Value$147,260

Assessment Year2025

About this property

TOTALLY REMODELED PRIME LOCATION! Light and bright 2 bedroom condo close to White Rock Lake, bike and walking trails , retail and restaurants. Easy access to I635. New interior paint , light fixtures and flooring throughout. Remodeled kitchen and bathroom.New roof 2021, HVAC replaced June 2021.Quartz counters bathroom.Sliding glass door leads to patio with storage cupboard.3 Community pools.Well maintained gated community with extensive landscaping.Close to Presbyterian Hospital and Top Golf!

Investor Tools

$185,020

Estimated Property Value

$159,525Estimated Mortgage Balance

$25,495Estimated Equity

13% 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?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$223/month

$385/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,756

$185,020

2025

$37,760

$147,260

$185,020

Tax History

Year

Tax Paid

Assessed Value

2024

$1,756

$185,020

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$164,415

First

Sep 18, 2024

Oct 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$159,525

$25,495

13%

86%

$986/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,371/mo

+$194/mo

10.2%

Learn About the Market: Opportunity in Dallas

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 This Area