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$149,500

9803 Park Lane Place, Dallas, TX, 75220

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,034 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$144.58 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator
FlooringBrick, Carpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size4.43 acres

Building Information

Year Built1968
Roof Type105

Land Information

APN00000597643370000
Lot Number1
Land UseResidential
Legal DescriptionCOLONY SQUARE CONDOMINIUM BLK B/6456 LTS 1 & 6 BLDG E UNIT 9803 & 1.01 % CE INT201600066020 DD03092016 CO-DC 6456 00B 00100
Census Tract009804
Assessed Land Value$38,950
Assessed Improvement Value$128,510
Assessment Year2026

About this property

Discover an excellent opportunity in the gated Colony Square Condominiums! This two story, 2 bedroom, 1.5 bath condo offers a spacious living area, separate dining space, galley kitchen with breakfast bar, and both bedrooms upstairs. Includes wood flooring, a walk-in closet, private fenced patio, and assigned covered parking. Residents enjoy a community swimming pool, landscaped grounds, and convenient access to shopping, dining, major highways, and Dallas Love Field. Monthly HOA dues include water, sewer, exterior maintenance, grounds maintenance, and more. Ideal for buyers looking to personalize their next home or investors seeking an opportunity in an established Dallas community. Property is being sold AS-IS, and seller will make no repairs. Bring your vision and make this property your own!

Investor Tools

$93,569Estimated Mortgage Balance
$145,431Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

Interested in this property?

Lisa Richardson

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,729
$167,460
2026
$38,950
$128,510
$167,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,729
$167,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$103,250
No
First
Nov 23, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,569
$145,431
60%
39%
$620/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$995/mo
+$545/mo
7.7%

City: Dallas

9803 Park Lane Place | Property Details | No Agent List