Street View

1view

Owner Contacts

$206,000

NAL Estimated Property Value

6900 Skillman St Apt 504, Dallas, TX, 75231

Off Market

2 Beds

2 Bath

964 Sq Ft

Condos / Townhouses

$202.28 / sqft

Built in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer

FlooringCeramic Tile

Exterior

Private Pool

Exterior FeaturesRain Gutters, Lighting

Lot Size3.88 acres

Building Information

Year Built1981

Stories1

Roof Type105

Land Information

APN00000792886530000

SubdivisionSkillman Bend Condominium

Land UseResidential

Legal DescriptionSKILLMAN BEND CONDOMINIUM BLK 3/8125 3.88 ACS BLDG E UNIT 504 CE 1.28% INT202300079361 DD04212023 CO-DC 8125 003 00100

Census Tract007826

Assessment Year2025

About this property

Come check out this completely updated ground floor condo. 2 bedrooms and 2 full bathrooms. Great location with community pool and gated entry! New Noise canceling windows and doors. Walking distance to dining and shopping at The Shops at Lake Highlands Town Center. Also walking distance to Alamo Draft house Cinema. Backs up to White Rock Trail, direct access from the condos. This one will not last long.

Investor Tools

$206,000

Estimated Property Value

$184,900Estimated Mortgage Balance

$21,100Estimated Equity

10% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,236 /month

Positive

Cash Flow Estimate:

$412 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$318/month

$379/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,785

$196,000

2025

N/A

$196,000

Tax History

Year

Tax Paid

Assessed Value

2024

$2,785

$196,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Conventional

$196,000

First

Apr 21, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$184,900

$21,100

10%

90%

$1,176/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,555/mo

+$10/mo

9.1%

Learn About the Market: Opportunity in Dallas

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