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$179,000

NAL Estimated Property Value

9807 Park Lane Place E, Dallas, TX, 75220

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,050 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator
FlooringPainted/Stained, Vinyl

Exterior

Lot Size4.43 acres

Building Information

Year Built1968
Stories2
Roof Type105

Land Information

APN00000597643390000
Lot Number1,6
SubdivisionColony Square Condominium
Land UseResidential
Legal DescriptionCOLONY SQUARE CONDOMINIUM BLK B/6456 LTS 1 & 6 BLDG E UNIT 9807 CE 1.01% INT202300048049 DD03102023 CO-DC 6456 00B 00100
Census Tract009804
Assessed Land Value$38,950
Assessed Improvement Value$130,620
Assessment Year2025

About this property

BACK ON MARKET - Charming condo in a gated community. Convenient location, 2 bedrooms, 1.5 baths with easy access to I-35, Love Field Airport and shopping centers. Unit is across from the pool. Flooring on main floor was recently replaced in November 22. Breakfast area looks out to private patio. Walking distance to nearby schools. Ready for new owners. Complex is not FHA approved.

Investor Tools

Property Icon
$179,000
Estimated Property Value
$146,911Estimated Mortgage Balance
$32,089Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,204
$169,570
2025
$38,950
$130,620
$169,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,204
$169,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$156,000
No
First
Mar 10, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,911
$32,089
17%
82%
$936/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,206/mo
+$359/mo
10.5%

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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9807 Park Lane Place E | Property Details | No Agent List