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Owner Contacts

$280,040

NAL Estimated Property Value

7151 Gaston Ave # F-616, Dallas, TX, 75214

Off Market

2 Beds

2 Bath

889 Sq Ft

Condos / Townhouses

$275.59 / sqft

Built in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Convection Oven, Refrigerator, Washer

FlooringLaminate, Marble

Exterior

Private Pool

Exterior FeaturesBalcony, Rain Gutters

Lot Size4.49 acres

Building Information

Year Built1984

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00C51820000F00616

Lot Number1

SubdivisionOaks Of Lakewood Condo

Land UseResidential

Legal DescriptionOAKS OF LAKEWOOD CONDO BLK 7/2748 PT LT 1 BLDG F UNIT 616 CE .9602% INT202500082789 DD04222025 CO-DC 2748 007 001 1002748 007

Census Tract000100

Assessed Land Value$122,000

Assessed Improvement Value$158,040

Assessment Year2025

About this property

Lakewood elementary! Your tree-top oasis awaits. Upon entering, you’ll immediately notice the natural light showcased by the vaulted ceiling and oversized windows. This third floor unit offers tasteful upgrades including updated light fixtures, recessed lighting, baseboards, fresh paint, refinished ceilings, granite countertops and more! Life is made practical and convenient at The Oaks of Lakewood with your own personal garage, washer and dryer in unit and zoning for Lakewood Elementary. With close proximity to Whole Foods, Starbucks, The YMCA, White Rock Lake and tons of local restaurants, this is the perfect place to escape the city noise while still having everything at your fingertips.

Investor Tools

$280,040

Estimated Property Value

$253,337Estimated Mortgage Balance

$26,703Estimated Equity

9% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,680 /month

Positive

Cash Flow Estimate:

$560 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$395/month

$258/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,341

$280,040

2025

$122,000

$158,040

$280,040

Tax History

Year

Tax Paid

Assessed Value

2024

$3,341

$280,040

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$258,272

First

Apr 22, 2025

May 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$253,337

$26,703

90%

$1,549/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,750/mo

$1,807/mo

$-57/mo

7.5%

Learn About the Market: Opportunity in Dallas

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