$75,000
3022 Forest Lane 204, Dallas, TX, 75234
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Microwave
FlooringCeramic Tile
Exterior
Lot Size1.98 acres
Building Information
Year Built1982
Stories1
Roof Type105
Land Information
APN00C22450000B00204
Lot Number24
SubdivisionForest West Condo
Land UseResidential
Legal DescriptionFOREST WEST CONDO BLK B/6595 PT LT 24 BLDG B & CE .863% INT202400179393 DD09052024 CO-DC 6595 00B 024 1006595 00B
Census Tract009611
Assessed Land Value$14,880
Assessed Improvement Value$82,070
Assessment Year2025
About this property
Welcome to this move-in-ready, one-bedroom, one-bathroom condo located on the first floor of the Forest West Condo community in North Dallas. This residence features elegant granite countertops, consistent tile flooring throughout, and a bright, inviting open-concept living area. The spacious bedroom includes a generous walk-in closet for ample storage. Ideally situated just minutes from I-635 and I-35, this property offers convenient access to an array of shopping, dining, and entertainment options. Parking Space #13.
Investor Tools
$0Estimated Mortgage Balance
$96,950Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$582 /month
Positive
Cash Flow Estimate:
$194 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
$254/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,159
$96,950
2025
$14,880
$82,070
$96,950
Yes (2022)
Tax History
Year
Tax Paid
Assessed Value
2025
$2,159
$96,950
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$96,950
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,340/mo
$254/mo
+$1,086/mo
16.6%
