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$197,290

NAL Estimated Property Value

8601 Park Ln # E-523, Dallas, TX, 75231

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths884 Sq Ft
price_per_sqft$226.24 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size4.33 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C82690000E00523
SubdivisionThe Woods On Park Lane Condos
Land UseResidential
Legal DescriptionTHE WOODS ON PARK LANE CONDOS BLK H/5217 ACS 4.332 BLDG E UNIT 523 CE 1.334% INT202300025449 DD02092023 CP-DC 5217 00H 00000
Census Tract007821
Assessed Land Value$37,760
Assessed Improvement Value$159,530
Assessment Year2025

About this property

This property has been completely remodeled, with new flooring, paint, cabinets, appliances, plumbing and fixtures. Kitchen boasts new cabinets, plumbing fixtures and quartz counter tops. The second bedroom is perfect for a child, guests or could be used as an office. The Master bedroom includes a bonus area that could used as an office, dressing or makeup area, or a sitting area. The property is ready for an immediate move-in for the right buyer, with close access to shopping, restaurants, and public transportation.

Investor Tools

Property Icon
$197,290
Estimated Property Value
$0Estimated Mortgage Balance
$197,290Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,390
$197,290
2025
$37,760
$159,530
$197,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,390
$197,290

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$197,290
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$395/mo
+$1,170/mo
9.5%

City: Dallas

8601 Park Ln # E-523 | Property Details | No Agent List