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Owner Contacts

$164,000

NAL Estimated Property Value

7135 Fair Oaks Ave # B-15, Dallas, TX, 75231

Off Market

2 Beds

2 Bath

1,164 Sq Ft

Condos / Townhouses

$119.85 / sqft

Built in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Lot Size2.99 acres

Building Information

Year Built1974

Stories2

Roof Type105

Land Information

APN00000366982600000

Lot Number40

SubdivisionOld Vickery Sq Townhomes/Condos

Land UseResidential

Legal DescriptionOLD VICKERY SQ TOWNHOMES/CONDOS BLK 5/5196 PT LOT 40 & LOTS 41-43 BLDG B APT 15 & 1.6597% CE INT202500058390 DD03212025 CO-DC

Census Tract007815

Assessed Land Value$32,360

Assessed Improvement Value$71,270

Assessment Year2025

About this property

Very nicely 2 bedroom, 2 bath condominium-townhome. 2-car carports, gated community. Convenient to bus line, DART light rail, shopping and restaurants, closed to 75 HWY and Downtown Dallas.

Investor Tools

$164,000

Estimated Property Value

$12,169Estimated Mortgage Balance

$151,831Estimated Equity

92% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$984 /month

Positive

Cash Flow Estimate:

$328 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$341/month

$430/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,278

$103,630

2025

$32,360

$71,270

$103,630

Tax History

Year

Tax Paid

Assessed Value

2024

$3,278

$103,630

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Washington Mutual Bank Fa

Unknown

$30,800

First

Jul 31, 2003

Aug 2018

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$12,169

$151,831

92%

$171/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$601/mo

+$964/mo

11.5%

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