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Owner Contacts

$235,000

NAL Estimated Property Value

6900 Skillman St # F-604, Dallas, TX, 75231

Off Market

2 Beds

2 Bath

1,024 Sq Ft

Condos / Townhouses

$231.93 / sqft

Built in 1981

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size3.88 acres

Building Information

Year Built1981

Stories2

Roof Type105

Land Information

APN00000792886610000

SubdivisionSkillman Bend Condominium

Land UseResidential

Legal DescriptionSKILLMAN BEND CONDOMINIUM BLK 3/8125 3.88 ACS BLDG F UNIT 604 CE 1.37% INT202100028684 DD01272021 CO-DC 8125 003 001 3008125

Census Tract007826

Assessed Land Value$34,730

Assessed Improvement Value$129,110

Assessment Year2025

About this property

Upgraded Corner Condo, Direct Lake Trail Access, Outstanding Value Quiet corner condo with no neighbor above or below. Enjoy direct trail access to White Rock Lake with miles of scenic biking and walking paths, and minutes from Mi Cocina, Fish City Grill, Cane Rosso, Starbucks, Sprouts, Target, Alamo Drafthouse, and Top Golf. Fully renovated 1,024 sq ft unit includes a new HVAC system, new windows and sliding doors, upgraded electrical panel, plumbing replaced in both bathrooms, new roof, completed foundation work, private attic with solar vent, and brand-new appliances with modern finishes. Offering unmatched upgrades and value in Skillman Bend. Come take a look!

Investor Tools

$235,000

Estimated Property Value

$67,306Estimated Mortgage Balance

$167,694Estimated Equity

71% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,425 /month

Positive

Cash Flow Estimate:

$475 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$350/month

$416/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,023

$163,840

2025

$34,730

$129,110

$163,840

Tax History

Year

Tax Paid

Assessed Value

2024

$3,023

$163,840

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Truist Bank

Conventional

$75,000

First

Jan 27, 2021

Feb 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$67,306

$167,694

71%

29%

$450/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$866/mo

+$699/mo

8.0%

Learn About the Market: Opportunity in Dallas

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