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$160,000

NAL Estimated Property Value

9801 Royal Ln # B-402, Dallas, TX, 75231

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths807 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$209.42 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size5.73 acres

Building Information

Year Built1981
Stories1
Roof Type105

Land Information

APN0021M690000B00402
Lot Number1
SubdivisionWoodlands I On The Creek
Land UseResidential
Legal DescriptionWOODLANDS I ON THE CREEK BLK A&B/8148 LT 1 5.7268 ACS BLDG B UNIT 402 C.E.1.192% INT202400048804 DD03082024 CO-DC 8148 0AB
Census Tract007835
Assessed Land Value$59,470
Assessed Improvement Value$100,530
Assessment Year2025

About this property

Seeking a blend of city and suburban living? This tastefully updated condo in Lake Highlands is perfect for first-time homebuyers or corporate living. This unit boasts a spacious primary bedroom with dual closets, kitchen equipped with stainless steel appliances, granite counters, and chic flooring throughout. French doors lead to covered balcony with tranquil views of the greenbelt and creek, while the community pool lies just across the parking area, complete with open parking and assigned carport. This corner unit is equipped with an updated HVAC system (2018) and wood-burning fireplace. Renowned for the exceptional Richardson ISD schools, it's also a commuter's dream with proximity to the DART system and major highways. Enjoy the beauty of nearby White Rock Lake and the Dallas Arboretum, perfect for outdoor enthusiasts. This condo invites you to immerse yourself in the dynamic Lake Highlands lifestyle, with the added conveniences of water, trash, and recycling included in the HOA.

Investor Tools

Property Icon
$160,000
Estimated Property Value
$0Estimated Mortgage Balance
$160,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
$391/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,978
$160,000
2025
$59,470
$100,530
$160,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,978
$160,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$160,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$391/mo
+$935/mo
9.9%

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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9801 Royal Ln # B-402 | Property Details | No Agent List