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$148,000

9520 Royal Lane 104, Dallas, TX, 75243

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths524 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$114.22 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Lot Size1.22 acres

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN00C63250000A00104
Lot Number4
SubdivisionRoyal Land Highlands Condos
Land UseResidential
Legal DescriptionROYAL LAND HIGHLANDS CONDOS PT BLK E/8145 LT 4 1.2244 ACS BLDG A UNIT 104 CE 1.4049% INT201600208406 DD07282016 CO-DC 8145
Census Tract007825
Assessed Land Value$8,990
Assessed Improvement Value$53,010
Assessment Year2025

About this property

Investor Portfolio Opportunity – 10+ Units Available, Value-Add Potential, Bulk Pricing Available Motivated Seller. Investors Welcome. First-floor 1 bedroom, 1 bath condo featuring an assigned parking space and community mailboxes. The unit includes a refrigerator, electric range, built-in microwave, brick fireplace, private patio with storage, and full-size washer and dryer connections. Conveniently located with easy access to I-635 and US-75 (Central Expressway), and close to grocery stores, shopping, dining, Starbucks, and DART bus lines. Approximately 11 miles from Downtown Dallas. This condo offers a straightforward, low-maintenance investment in a desirable Dallas location. The functional layout, comfortable living space, private balcony, and community amenities make it an attractive option for rental income or personal use. Strong proximity to major employment centers enhances demand and resale potential. Seller is selling AS-IS. Cash buyers only. Quick close preferred.

Investor Tools

Property Icon
$148,000
Estimated Property Value
$0Estimated Mortgage Balance
$148,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$888 /month
Positive
Cash Flow Estimate:
$296 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$124/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$744
$62,000
2025
$8,990
$53,010
$62,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$744
$62,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$148,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$280/mo
+$1,046/mo
10.8%

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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9520 Royal Lane 104 | Property Details | No Agent List