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$160,630

9801 Royal Ln # F-806, Dallas, TX, 75231

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths871 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$172.22 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Vented Exhaust Fan

Exterior

Lot Size5.73 acres

Building Information

Year Built1981
Stories1
Roof Type105

Land Information

APN0021M690000F00806
Lot Number1
SubdivisionWoodlands I On The Creek
Land UseResidential
Legal DescriptionWOODLANDS I ON THE CREEK BLK A & B/8148 LOT 1 5.7268 ACS BLDG F UNIT 806 1.192% CE INT202400163549 DD08142024 CO-DC 8148 00A
Census Tract007835
Assessed Land Value$59,470
Assessed Improvement Value$101,160
Assessment Year2025

About this property

Great opportunity for a first time home buyer or investor. Step into luxury at 9801 Royal Ln Unit 806 in Lake Highlands. This recently remodeled gem showcases a great floor plan with vaulted ceilings, a spacious primary bedroom, updated kitchen featuring granite countertops, shaker style cabinets, and built -in wine fridge. Revel in the cast stone fireplace, recessed lighting, and wood laminate flooring. French doors open to a covered balcony offering views of the creek and green space. Enjoy the community pool access and a prime location near highways, shopping centers, restaurants, and entertainment venues.

Investor Tools

Property Icon
$160,630
Estimated Property Value
$0Estimated Mortgage Balance
$160,630Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$964 /month
Positive
Cash Flow Estimate:
$321 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
$392/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,796
$160,630
2025
$59,470
$101,160
$160,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,796
$160,630

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$160,630
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$392/mo
+$1,173/mo
11.7%

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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