1Days on Market

4view

$138,999

9843 Park Lane Court, Dallas, TX, 75220

On Market

Just Added

2 Beds

2 Bath

1,050 Sq Ft

Condos / Townhouses

$132.38 / sqft

Built in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Bathrooms Half 1

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Microwave, Refrigerator

FlooringTile, Vinyl

Exterior

Private Pool

Exterior FeaturesLighting, Private Yard

Lot Size4.43 acres

Building Information

Year Built1968

Stories2

Roof Type105

Land Information

APN00000597643290000

Lot Number1,6

SubdivisionColony Square Condominium

Land UseResidential

Legal DescriptionCOLONY SQUARE CONDOMINIUM BLK B/6456 LTS 1 & 6 BLDG B UNIT 9843 & CE 1.01% VOL99163/5376 DD081699 CO-DALLAS 6456 00B 00100

Census Tract009804

Assessed Land Value$38,950

Assessed Improvement Value$130,620

Assessment Year2025

About this property

Updated 2 bedroom and 1.5 bathroom condo in gated community is ready for its new owners! HOA covers gas, water and electricity. Roof is like new and only 2 years old. Spacious floorplan and covered parking. So much to love about this great condo in coveted Colony Square subdivision. See agent for more details.

Investor Tools

$5,357Estimated Mortgage Balance

$164,213Estimated Equity

96% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,017 /month

Positive

Cash Flow Estimate:

$339 /month

Interested in this property?

Jerry Marlatt

Compass RE Texas, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$385/month

$375/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,776

$169,570

2025

$38,950

$130,620

$169,570

Tax History

Year

Tax Paid

Assessed Value

2025

$3,776

$169,570

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Building Or Construction Loan

$33,128

First

Aug 16, 1999

Aug 2014

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$5,357

$164,213

96%

$199/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$574/mo

+$991/mo

11.1%

Learn About the Market: Opportunity in Dallas

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