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$191,000

8601 Park Lane 612, Dallas, TX, 75231

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths953 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$200.42 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Lot Size4.33 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C82690000F00612
SubdivisionThe Woods On Park Lane Condos
Land UseResidential
Legal DescriptionTHE WOODS ON PARK LANE CONDOS BLK H/5217 ACS 4.332 BLDG F UNIT 612 CE 1.438% INT202200173646 DD06152022 CO-DC 5217H000 000
Census Tract007821
Assessed Land Value$40,700
Assessed Improvement Value$163,920
Assessment Year2025

About this property

Beautifully maintained 2-bedroom, 2-bathroom first-floor condo in a gated Dallas community with convenient access to I-635. The open-concept floor plan offers comfortable space for everyday living and entertaining. The spacious living room features luxury vinyl plank flooring, a tiled fireplace, and French doors leading to a private balcony overlooking the community grounds and swimming pool. The dining area accommodates a full-size table and includes built-in cabinetry for additional storage. The kitchen features granite countertops, dark cabinetry, and ample preparation space. Both bedrooms are generously sized and offer walk-in closets. An assigned parking space is conveniently located near the unit’s entrance. Enjoy a central Dallas location close to shopping, restaurants, entertainment, SMU, Uptown Dallas, West Village, White Rock Lake, the SOPAC Trail, and Topgolf. Tenant-occupied and offering excellent investment potential, this Dallas condo combines comfort, convenience, and value. Don’t miss the opportunity to own a 2-bedroom condo in a gated community near major Dallas destinations!

Investor Tools

Property Icon
$204,620
Estimated Property Value
$0Estimated Mortgage Balance
$47,922Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,228 /month
Positive
Cash Flow Estimate:
$409 /month

Interested in this property?

Melissa Serna

Keller Williams Fort Worth

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
$469/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,636
$204,620
2025
$40,700
$163,920
$204,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,636
$204,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$170,000
No
First
Jun 15, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,698
$47,922
23%
77%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,489/mo
+$76/mo
9.2%

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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