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$136,340

NAL Estimated Property Value

8601 Park Ln # D-415, Dallas, TX, 75231

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths618 Sq Ft
price_per_sqft$218.45 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Refrigerator
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size4.33 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C82690000D00415
SubdivisionThe Woods On Park Lane Condos
Land UseResidential
Legal DescriptionTHE WOODS ON PARK LANE CONDOS BLK H/5217 ACS 4.332 BLDG D UNIT 415 CE 0.932% INT202300135092 DD07032023 CO-DC 5217 00H 00000
Census Tract007821
Assessed Land Value$26,380
Assessed Improvement Value$109,960
Assessment Year2025

About this property

Hard to Find 1 bedroom condo in The Woods on Park Lane! This 1 bedroom first floor condo is a corner unit. It has been updated with tile flooring throughout. Bathroom counters have been updated. Kitchen features open concept looking into Dining area and Living. Enjoy cozy evenings with a woodburning fireplace! The main Bedroom is spacious and bright, with a patio door leading to the private covered patio. Large walk in closet also features plenty of shelving. This community is gated and well landscaped with many trees. Enjoy cooling off in the Summer in the oversized community pool area! Easy access to all major highways...just blocks East of 75 and minutes from NorthPark, TOPGOLF and a 2-minute walk to the SOPAC Trail. This is one not to miss...a Great Value at this price point!

Investor Tools

Property Icon
$136,340
Estimated Property Value
$121,610Estimated Mortgage Balance
$14,730Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$818 /month
Positive
Cash Flow Estimate:
$273 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
$242/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,548
$136,340
2025
$26,380
$109,960
$136,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,548
$136,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$128,250
No
First
Jul 3, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,610
$14,730
10%
89%
$769/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$1,011/mo
+$315/mo
11.7%

Learn About the Market: Opportunity in Dallas

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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 # D-415 | Property Details | No Agent List