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8601 Park Ln APT 737, Dallas, TX, 75231

1beds
1baths
794sqft
$149,000
$188price/sqft
$1,354/moest. monthly cost
$54,160/yrincome needed

About This Home

Located on the third floor of the desirable The Woods at Park Lane Condominiums, this charming one-bedroom, one-bath condo offers comfort, style, and convenience in a gated community setting. The unit features beautiful luxury vinyl plank flooring, granite countertops, stainless steel appliances, and a tastefully updated tile bathroom. Enjoy relaxing on your private balcony or taking advantage of the community pool just steps away. Additional highlights include a covered parking space, an AC condensor replaced in 2022, and included washer, dryer, and refrigerator — making this home truly move-in ready. Whether you're looking for a primary residence or an investment opportunity, this well-maintained condo combines modern finishes with an unbeatable location and amenities. Minutes away from Uptown, SMU, West Village, SOPAC Trail and Top Golf. Thoughtfully maintained with over six thousand dollars in improvements and repairs since 2022.

Getting Around

44
WalkingCar-Dependent
50
TransitGood Transit
62
BikeBikeable

Schools

4/10
Sam Tasby Middle SchoolGrades 6-80.5 mi
5/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1982

Materials

  • Roof: Composition

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Granite Counters,High Speed Internet,Open Floorplan,Walk-In Closet(s)
  • Flooring: Luxury Vinyl Plank
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 794 sqft

Living Room

  • Level: First
  • Dimensions: 12 x 13

Master Bedroom

  • Level: First
  • Dimensions: 12 x 11

Property

Details

  • Parcel number: 00C82690000G00737
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Pool features: None,Community

Lot

  • Lot size: 4.33 Acres

Parking

  • Total spaces: 1
  • Parking features: Additional Parking
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Hail
Inland Flooding
Tornado
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $753$9,036
Home Insurance *$80$960
Property Taxes $283$3,396
Electricity $238$2,859
Total$1,354$16,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,422/yr
40% on housing$40,620/yr
45% on housing$36,106/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 75231$227
Dallas County$232

vs Homes Sold Last Month

Median $/sqft

ZIP 75231$299
Dallas County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-09Price change$149,000
2026-05-29Listed for sale$150,000
2025-04-24Listing removed$162,000
2025-04-06Price change$162,000
2025-03-22Listed for sale$162,800
2022-02-17Sold--
2022-01-31Pending sale$139,900
2022-01-20Contingent$139,900
2022-01-14Listed for sale$139,900

For Sale by Agent

AgentAlva Watson
BrokerageExit JRagz Realty Elite

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