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$238,000

NAL Estimated Property Value

9910 Royal Ln # E-507, Dallas, TX, 75231

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,195 Sq Ft
price_per_sqft$196.65 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesPrivate Entrance
Lot Size6.38 acres

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN0021M760000E00507
Lot Number1
SubdivisionGlen Oaks Townhomes Condo
Land UseResidential
Legal DescriptionGLEN OAKS TOWNHOMES CONDO BLK B/8106 LT 1 ACS 6.3769 BLDG E UNIT 507 CE 1.2123% INT202400135413 DD07052024 CO-DC 8106 00B 001
Census Tract007827
Assessed Land Value$40,400
Assessed Improvement Value$197,600
Assessment Year2025

About this property

Lake Highlands, Dallas. Stop Renting and Own this spacious 2-bedroom, 2.5-bathroom townhome in a gated community. This home has cozy charm with its fresh kitchen, open living space and en suite bathrooms for each bedroom. This home is very well-maintained! Step outside to your private fenced back patio, perfect for enjoying the outdoors. Convenience is key with two covered parking spaces right at your doorstep, providing direct access to the unit. The community offers a serene environment with mature trees, walking paths, and gated security for peace of mind. This home qualifies for special financing available for first-time homebuyers with a conventional loan through lender. Ask listing agent for details! Included are refrigerator and a stacked WD, which makes this home Move-in ready. Seize the opportunity to experience the best of urban living in this prime Dallas location.

Investor Tools

Property Icon
$238,000
Estimated Property Value
$219,330Estimated Mortgage Balance
$18,670Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,377
$238,000
2025
$40,400
$197,600
$238,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,377
$238,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goodleap Lc
Conventional
$226,775
No
First
Jul 5, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,330
$18,670
7%
92%
$1,360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,800/mo
$-235/mo
7.9%

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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9910 Royal Ln # E-507 | Property Details | No Agent List