Address
8750 Park Lane # 147, Dallas, TX
Price
$ 169,000
Property Attributes
- MLS#20562692
- TypeMulti-Family
- CountyDALLAS
- CityDallas
- NeighborhoodHill On Park Lane Condo
- Zip75231
- StyleApartment
- Year Built1982
- Taxes$ 2390
- Price$ 169,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms1
- Lot Size2.126 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Investor Opportunity: This beautifully remodeled condo offers an excellent investment with immediate returns. Featuring engineered hardwood floors and a modern kitchen with top-tier appliances and stylish cabinetry, it appeals strongly to tenants. The bathrooms are updated with granite countertops, and the full bathroom includes a sleek stand-up shower. Uniquely, the primary bathroom comes with a stacked washer and dryer, adding practicality. This condo is not just visually appealing but also a reliable income generator, currently leased at $1,650 per month until September 2024. This ensures immediate, stable income for the new owner. Perfect for investors seeking a mix of cash flow and long-term value, this condo is a smart, low-risk addition to any investment portfolio, offering both financial gains and continuous tenant interest. Only available for showing with fully executed contract.
| Elementary School |
|---|
| Hotchkiss Elementary School |
| Price History | |
|---|---|
| 3/16/2024 | Listed $169,000 |
General Features
| Heating | Central |
|---|---|
| Complex Name | Hill On Park Lane Condo |
| Cooling | Central Air,Electric |
| Utilities | City Sewer,City Water |
| Possession | Closing/Funding |
| Roof | Shingle,Wood |
| Appliances | Dryer,Refrigerator,Washer |
| Assoc Fees | 405 |
| School District | Dallas ISD |
| HOA Fee Includes | Maintenance Grounds |
| Capitalization Rate | 7.59 |
| Pool Y/N | Yes |
| Year Built | 1982 |
| Tenancy | Pets Allowed |
| Levels | Two |
| Unexempt Taxes | 2390 |
| Will Subdivide | No |
| Gross Annual Expenses | 6660.00 |
| Unit Number | 147 |
| Property SubType | Apartment |
| Subdivision Name | Hill On Park Lane Condo |
| Insurance Expense | 312 |
| Occupant Type | Tenant |
| Carport Spaces | 1 |
| County | Dallas |
| Property Type | Residential Income |
| Construction Materials | Brick |
| Association Fee Frequency | Monthly |
| Year Built Details | Preowned |
| HOA Type | Mandatory |
| # of Buildings | 1 |
| Status | Active |
| Directions | Take 75 North,exit 5B to park lane,right on park lane,destination will be on your right. |
| City | Dallas |
| Buyer Agent Compensation | 3 |
| Elementary School Name | Hotchkiss |
| High School | Conrad |
| Street Name | Park |
| Elementary School | Hotchkiss |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20562692 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Cable TV Available,High Speed Internet Available |
|---|---|
| Flooring | Carpet,Laminate |
| Fireplace Features | Bedroom,Living Room |
| Total Units | 1 |
| Unit Count | 1 |
| Fireplaces Total | 2 |
| Full Baths | 2 |
| Half Baths | 1 |
| Lock Box Type | Call Listing Office |
| Street Suffix | Lane |
| Total Bedrooms | 2 |
Exterior Features
| Exterior Features | Balcony |
|---|---|
| Parking Features | Covered |
| Covered Spaces | 1 |
| Foundation | Slab |
| Lot Size Area | 2.1260 |
| Number Of Parking Spaces | 1 |
| Lot Size Units | Acres |
| Building Area Total | 992.00 |
| Lot Size Square Feet | 92608.5600 |
| Lot Size Acres | 2.1260 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 75231
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
