Street View

1view

Owner Contacts

$85,940

9520 Royal Lane 209, Dallas, TX, 75243

Off Market

Commercial

3 Beds

3 Bath

553 Sq Ft

Multi Family

$406.87 / sqft

Built in 1983

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator

FlooringCeramic Tile, Laminate, Parquet

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size1.22 acres

Building Information

Year Built1983

Stories1

Roof Type105

Land Information

APN00C63250000B00209

Lot Number4

SubdivisionRoyal Lane Highlands Condos

Land UseResidential

Legal DescriptionROYAL LANE HIGHLANDS CONDOS PT BLK E/8145 LT 4 1.2244 ACS BLDG B UNIT 209 CE 1.4553% INT202200001604 DD12292021 CO-DC

Census Tract007825

Assessed Land Value$9,310

Assessed Improvement Value$76,630

Assessment Year2025

About this property

This is a 3 unit listing, perfect for investors. All units were updated in 2019 and are tenant occupied on month to month. Rents have increased so these units are leased below today's market. Two of the units are on the 2nd floor and one unit is on the 3rd floor overlooking the pool. These are being sold as a package. Since they are tenant occupied, viewing will only take place during the option period. Each unit has a fireplace and comes with a washer, dryer, refrigerator and one assigned parking space.

Investor Tools

$85,940

Estimated Property Value

$0Estimated Mortgage Balance

$85,940Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,350 /month

Positive

Cash Flow Estimate:

$450 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$204/month

$240/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,014

$85,940

2025

$9,310

$76,630

$85,940

Tax History

Year

Tax Paid

Assessed Value

2024

$2,014

$85,940

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$85,940

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,326/mo

$240/mo

+$1,086/mo

18.5%

Learn About the Market: Opportunity in Dallas

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