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$108,000

3121 Park Lane 1107, Dallas, TX, 75220

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths970 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$111.34 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Refrigerator

Exterior

Lot Size9.13 acres

Building Information

Year Built1969
Stories1
Roof Type172

Land Information

APN00000597575760000
Lot Number4
SubdivisionPark Lane Townhomes Ph 2
Land UseResidential
Legal DescriptionPARK LANE TOWNHOMES PH 2 BLK A/6456 LT 4 & PT LTS 2, 3 & 5 BLDG P UNIT 1107 CE 0.564% INT202400065069 DD04012024 CO-DC 6456
Census Tract009803
Assessed Land Value$14,570
Assessed Improvement Value$121,230
Assessment Year2025

About this property

Stunning, move-in-ready corner townhome offering 2 bedrooms, 2 bathrooms, and a beautifully updated open-concept interior filled with natural light. The spacious living area features custom wood-look flooring and a cozy marble fireplace—perfect for relaxing or entertaining. The remodeled kitchen showcases granite countertops, a stylish backsplash, ample cabinetry, and stainless-steel appliances. The oversized primary suite is conveniently located on the first floor and includes a walk-in closet. Upstairs, you’ll find the secondary bedroom—ideal as a guest room, home office, or workout space—along with a full bathroom. All appliances are included, including the refrigerator, washer, and dryer. Enjoy your own private courtyard-style patio, plus access to the community swimming pool. One covered and one uncovered parking space are included. HOA-covered services include water, trash, landscaping, and grounds maintenance. Conveniently located near DNT, I-635, I-35, and President George Bush Turnpike, with easy access to shopping, dining, airports, Preston Hollow, and Downtown Dallas. HVAC replaced in 2022. This centrally located home is a must-see!

Investor Tools

$0Estimated Mortgage Balance
$135,800Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$815 /month
Positive
Cash Flow Estimate:
$272 /month

Interested in this property?

Nick Good

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,024
$135,800
2025
$14,570
$121,230
$135,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,024
$135,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$135,800
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$650/mo
+$915/mo
13.8%

City: Dallas