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Owner Contacts

$200,320

NAL Estimated Property Value

8750 Park Lane C28, Dallas, TX, 75231

Off Market

2 Beds

2 Bath

960 Sq Ft

Condos / Townhouses

$119.79 / sqft

Built in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCeramic Tile, Laminate

Exterior

Private Pool

Lot Size2.13 acres

Building Information

Year Built1982

Stories2

Roof Type105

Garage Spaces1

Land Information

APN00C29100000F00059

Lot Number3

SubdivisionThe Hill On Park Lane Condominium

Land UseResidential

Legal DescriptionTHE HILL ON PARK LANE CONDOMINIUM BLK 18/5217 LT 3 BLDG F UNIT 59 CE 1.9317% INT202400008324 DD01102024 CO-DC 5217 018 00300

Census Tract007833

Assessed Land Value$26,830

Assessed Improvement Value$173,490

Assessment Year2025

About this property

Fantastic Condo 2 bdrm 2 bath in The Hill on Park Lane perfect for first time home buyer, family or investor. TOTALLY remodeled, paint, flooring all new appliances. Uptown features without the uptown prices! Lots of room for living with large open floor plan living-dining-kitchen including breakfast bar. Natural light with tree top views and WB fireplace. Private balcony overlooks SoPac Trail tree line. One car garage with storage room! WD hookup. Wood and ceramic flooring. Close to SoPac Trail, READY TO MOVE IN! Located just minutes from Central Market, Alamo Draft House, Northpark with Top Golf and Dallas Equestrian Center across the street. Unbeatable location Minutes from DT Dallas and DART rail.

Investor Tools

$200,320

Estimated Property Value

$147,117Estimated Mortgage Balance

$53,203Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,202 /month

Positive

Cash Flow Estimate:

$401 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$457/month

$339/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,477

$200,320

2025

$26,830

$173,490

$200,320

Tax History

Year

Tax Paid

Assessed Value

2024

$4,477

$200,320

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Conventional

$153,600

First

Jan 11, 2024

Feb 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$147,117

$53,203

26%

73%

$921/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,260/mo

+$305/mo

9.4%

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