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Owner Contacts

$180,010

NAL Estimated Property Value

9809 Park Lane Place, Dallas, TX, 75220

Off Market

2 Beds

2 Bath

1,040 Sq Ft

Condos / Townhouses

$129.81 / sqft

Built in 1968

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Bathrooms Half 1

Heating Central

Cooling

AppliancesDishwasher, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan

FlooringCarpet, Tile, Vinyl

Exterior

Private Pool

Lot Size4.43 acres

Building Information

Year Built1968

Stories2

Roof Type105

Land Information

APN00000597643400000

Lot Number1,6

SubdivisionColony Square Condominium

Land UseResidential

Legal DescriptionCOLONY SQUARE CONDOMINIUM BLK B/6456 LTS 1 & 6 BLDG E UNIT 9809 & 1.01 CE INT202200309057 DD12022022 CO-DC 6456 00B 00100

Census Tract009804

Assessed Land Value$38,950

Assessed Improvement Value$141,060

Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. OFFER DEADLINE IS SUNDAY, JUNE 19, 9PM. Attention Investors!! Fixer Upper!! 2 Bedroom, 1.5 Bath Condo in highly sought Colony Square Gated Community needs work! One Assigned Covered parking space leads directly to the 17ft by 7ft fenced back patio area. Spacious living and dining areas. Powder Room downstairs for guests. The second story features 2 generously sized bedrooms with large walk-in closets and a full bath. Laundry facility is located on site, adjacent to pool, and is just a few steps from this condo. Located within walking distance to nearby schools and only mins away from Love Field Airport. This is an estate and probate is complete. Per photos, the condo will need to be cleaned out by buyer as it still has previous owners belongings in it. This fixer upper needs all new flooring, kitchen and bath renovations, sheetrock repairs and paint. Due to condition, cash offers only.

Investor Tools

$180,010

Estimated Property Value

$0Estimated Mortgage Balance

$180,010Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,080 /month

Positive

Cash Flow Estimate:

$360 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$410/month

$470/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,023

$180,010

2025

$38,950

$141,060

$180,010

Tax History

Year

Tax Paid

Assessed Value

2024

$4,023

$180,010

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$180,010

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$470/mo

+$1,095/mo

10.4%

Learn About the Market: Opportunity in Dallas

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