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Owner Contacts

$188,000

NAL Estimated Property Value

9801 Royal Ln Apt 703, Dallas, TX, 75231

Off Market

2 Beds

3 Bath

1,111 Sq Ft

Condos / Townhouses

$155.72 / sqft

Built in 1981

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Refrigerator

FlooringCarpet, Hardwood

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size5.73 acres

Building Information

Year Built1981

Stories2

Roof Type105

Land Information

APN0021M690000G00703

SubdivisionWoodlands I On The Creek

Land UseResidential

Legal DescriptionWOODLANDS I ON THE CREEK BLK A&B/8148 LOT 1 ACS 5.7268 BLDG G UNIT 703 CE 1.586% INT201700056525 DD02232017 CO-DC 8148 00A

Census Tract007835

Assessment Year2025

About this property

WELCOME HOME! This condo is located on the creek and has a view of beautiful trees. Desireable 2 bedroom, 2.5 bath condo unit located in Woodlands on the Creek. Richardson ISD Schools! Reserved covered parking steps away from the unit. The Primary bedroom has 2 spacious walk-in closets. Abundant storage space in this unit. Refrigerator is included. Secondary bedrooms as its own separate entrance, making an excellent option for roommates. There is an existing home warranty that covers this property. This Community has an inground pool with hot tub and a club house perfect for social gatherings or meetings. Enjoy cool evenings gathered around the firepit! Steps away from the Dart transportation and close proximity to shopping. This condo is located in Lake Highlands. Blanket insurance is covered by the HOA.

Investor Tools

$188,000

Estimated Property Value

$0Estimated Mortgage Balance

$188,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,128 /month

Positive

Cash Flow Estimate:

$376 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$395/month

$517/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,796

$185,090

2025

N/A

$185,090

Tax History

Year

Tax Paid

Assessed Value

2024

$3,796

$185,090

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$188,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$517/mo

+$1,048/mo

10.0%

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