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$180,070

NAL Estimated Property Value

8601 Park Ln # B-224, Dallas, TX, 75231

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths861 Sq Ft
price_per_sqft$174.22 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Lot Size4.33 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C82690000B00224
SubdivisionThe Woods On Park Lane Condos
Land UseResidential
Legal DescriptionTHE WOODS ON PARK LANE CONDOS BLK H/5217 ACS 4.332 BLDG B UNIT 224 CE 1.299% INT202500122137 DD06112025 CO-DC 5217 00H 00000
Census Tract007821
Assessed Land Value$36,770
Assessed Improvement Value$143,300
Assessment Year2025

About this property

Discover modern living in this stylish 2-bedroom, 1-bath condo located in a desirable gated community in Dallas, Texas. Situated on the second floor as an end unit, this home boasts an open-concept layout designed for comfort and convenience. The inviting living area features wood flooring and a cozy fireplace, while the dining space offers built-in cabinets and a breakfast bar that seamlessly connects to the kitchen. The kitchen is bathed in natural light from a charming window overlooking the patio. Unwind in the spacious, freshly painted bedroom, complete with newer carpeting for added comfort. Ample storage is available throughout the home to keep your space organized. Enjoy the meticulously maintained community grounds, including a sparkling pool and assigned covered parking. With SOPAC Trail just steps away, and NorthPark Mall, Lower Greenville, White Rock Lake, SMU, and various entertainment options nearby, you'll love the convenience and lifestyle this location offers. Plus, with easy access to US 75 and 635, commuting is a breeze. Don't miss this exceptional opportunity!

Investor Tools

Property Icon
$180,070
Estimated Property Value
$0Estimated Mortgage Balance
$180,070Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
$428/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,685
$180,070
2025
$36,770
$143,300
$180,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,685
$180,070

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$180,070
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$428/mo
+$1,137/mo
10.4%

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 Ln # B-224 | Property Details | No Agent List