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$149,900

9601 Forest Ln # M-1323, Dallas, TX, 75243

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,014 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$147.83 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size3.89 acres

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN00C22500000M01323
Lot Number1
SubdivisionForestwood On The Creek Condos
Land UseResidential
Legal DescriptionFORESTWOOD ON THE CREEK CONDOS BLK 7/8421 LOT 1.1 ACS 3.8895 BLDG M UNIT 1323 CE 1.43 % INT202400166423 DD08162024 CO-DC 8421
Census Tract019035
Assessed Land Value$36,340
Assessed Improvement Value$108,620
Assessment Year2025

About this property

Welcome to this recently remodeled, second-story condo offering a fresh and modern aesthetic. Bright, freshly painted walls, doors, trim, and cabinets create a cheerful atmosphere throughout. Savor the cozy warmth of the fireplace or enjoy the panorama from your private balcony showcasing a serene creek view. Newly installed carpeting offers a plush underfoot experience, while granite counters elevate the condo’s elegance. Benefit from the ample storage with spacious walk-in closets. Conveniently located, you'll be just minutes from major highways I-635 and US 75. Discover comfortable, stylish living in this lovely condo.

Investor Tools

Property Icon
$144,960
Estimated Property Value
$90,000Estimated Mortgage Balance
$57,775Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$899 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
$307/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,396
$144,960
2025
$36,340
$108,620
$144,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,396
$144,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Conventional
$90,000
No
First
Aug 16, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$87,185
$57,775
39%
60%
$540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$847/mo
+$718/mo
13.0%

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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