Street View

4view

Owner Contacts

$238,000

NAL Estimated Property Value

6900 Skillman Street 109, Dallas, TX, 75231

Off Market

2 Beds

2 Bath

1,024 Sq Ft

Condos / Townhouses

$190.43 / sqft

Built in 1981

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Vented Exhaust Fan, Washer

FlooringCarpet, Laminate, Tile

Exterior

Private Pool

Exterior FeaturesBalcony, Rain Gutters, Lighting

Lot Size3.88 acres

Building Information

Year Built1981

Stories2

Roof Type105

Land Information

APN00000792886100000

SubdivisionSkillman Bend Condominium

Land UseResidential

Legal DescriptionSKILLMAN BEND CONDOMINIUM BLK 3/8124 3.88 ACS BLDG A UNIT 109 CE 1.37% INT202200280887 DD10252022 CO-DC 8125 003 001 3008125

Census Tract007826

Assessment Year2025

About this property

Put on your running and walking shoes!! Great Location! You DO NOT want to miss this show stopper!! This 2 bedroom 1.5 bathroom condo has been completely remodeled. Noise canceling windows and sliding doors added 2020. Adorable Kitchen, all new flooring, new paint, new roof, 2020. Second story corner condo in a gated community that backs up to White Rock Trail. Two Balconies, top one is covered. Community Pool. Walking distance to dining and shopping at the shops at Lake Highlands Town Center, Alamo Draft House Cinema. Make this your new home!

Investor Tools

$238,000

Estimated Property Value

$190,155Estimated Mortgage Balance

$47,845Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,428 /month

Positive

Cash Flow Estimate:

$476 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$447/month

$379/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,175

$215,000

2025

N/A

$215,000

Tax History

Year

Tax Paid

Assessed Value

2024

$4,175

$215,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Conventional

$203,700

First

Oct 25, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$190,155

$47,845

20%

80%

$1,222/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,601/mo

$-36/mo

7.9%

Learn About the Market: Opportunity in Dallas

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