- Dallas County
- Dallas TX
- 75231
- Local Area: Woods On Park Lane Condos
Property Overview
Excellent opportunity to own a beautifully maintained condo in the desirable The Woods on Park Lane community. This 1-bedroom, 1-bathroom second-floor condo offers 800+ sq ft of comfortable living space in move-in ready condition. Located within a secured gated community, this home provides both convenience and peace of mind. Enjoy an unbeatable location just minutes from White Rock Lake, the SoPac Trail, and the vibrant NorthPark Center area featuring premier shopping, restaurants, and entertainment. Easy access to Interstate 75 makes commuting throughout Dallas quick and convenient. Perfect for a first-time buyer, downsizing, or investment opportunity.
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Property highlights
Year Built 1982
School District Dallas Isd
HOA $400 Monthly
Pool Yes
Parking Assigned, Community Structure
Architecture Traditional
Acreage Estate 4.33 acres
Fireplace 1 Fireplaces
Neighborhood Woods On Park Lane Condos
Full Property Details
Property Details
Quick Details
- Price $89,900
- Status Activeundercontract
- Bedrooms 1
- Bathrooms 1
- Square Feet 816 Sq Ft
- Lot Size 4.33 acres
- Lot Size Sq Ft 188,702
- Year Built 1982
- Price / Sq Ft $110 / Sq Ft
- MLS # 21283360
Overview
- Property Type Residential
- Property Subtype Condominium
- County Dallas
- Subdivision Woods On Park Lane Condos
- Days on Market 120
Home Details
- Full Baths 1
- Half Baths 0
- Foundation Other
- Roof Other
- Flooring Ceramic Tile, Wood
- Heating Electric
- Cooling Electric
Kitchen & Interior
- Appliances Dishwasher, Electric Range, Disposal
- Interior Features Cable Tv
- Fireplaces 1
- Fireplace Features Wood Burning
Lot & Exterior
- Pool Features Community
Parking
- Parking Assigned, Community Structure
- Covered Parking 0
- Attached Garage No
Taxes & HOA
- Annual Taxes $4,046
- HOA Fee $400 Monthly
- HOA Includes Maintenance Grounds
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Stone — Dallas ISD
- Middle Tasby — Dallas ISD
- High Conrad — Dallas ISD
Listing Information
- MLS Board NTREIS
- List Date 05/28/2026
- Source Updated 09/24/2026
- Last Updated 10/22/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 8601 Park Lane #721
Dallas Central Appraisal District records for 8601 Park Lane #721, Dallas, TX 75231 show a CAD market value of $181,700 and a net appraised value of $181,700. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Dallas Central Appraisal District property-tax and appraisal records for 8601 Park Lane #721, Dallas, TX 75231, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Dallas Central Appraisal District Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $34,840 + Improvement Value $146,860 = CAD Market Value $181,700
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
MAIN DWELLING
Value: $146,860 Total Area: 816 Sqft Living Area: 816 Sqft
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
No standard exemptions or CAD reductions were detected in the current record.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $181,700 − All Current CAD Reductions $0 = Current Taxed Starting Point $181,700
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
City
DALLAS |
$181,700 | — | — | — | — |
|
School District
DALLAS ISD |
$181,700 | — | — | — | — |
|
County
DALLAS COUNTY |
$181,700 | — | — | — | — |
|
College
DALLAS COLLEGE |
$181,700 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$181,700 | — | — | — | — |
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
6. Estimated Tax Bottom Line
Tax estimates are currently unavailable or not certified as a single unified scalar for this record. Tax rates and taxable values vary by taxing jurisdiction.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2020 | $34,840 | $42,680 | $77,520 | — | +$26,110 / +50.79% |
| 2021 | $34,840 | $48,700 | $83,540 | — | +$6,020 / +7.77% |
| 2022 | $34,840 | $99,800 | $134,640 | — | +$51,100 / +61.17% |
| 2023 | $34,840 | $99,800 | $134,640 | — | — |
| 2024 | $34,840 | $145,810 | $180,650 | $161,568 | +$46,010 / +34.17% |
| 2025 | $34,840 | $146,860 | $181,700 | — | +$1,050 / +0.58% |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $89,900 − Current CAD Market Value $181,700 = Under CAD Value -$91,800 (-50.5%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND WOODS ON PARK LANE CONDOS
A curated look at local favorites, everyday stops, and lifestyle context near this property.