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Owner Contacts

$312,480

NAL Estimated Property Value

7151 Gaston Avenue 109, Dallas, TX, 75214

Off Market

2 Beds

2 Bath

992 Sq Ft

$225.81 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringWood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting

Lot Size4.49 acres

Building Information

Year Built1983

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00C51820000A00109

Lot Number1

SubdivisionThe Oaks Of Lakewood Condo

Land UseResidential

Legal DescriptionTHE OAKS OF LAKEWOOD CONDO BLK 7/2748 PT LOT 1 BLDG A UNIT 109 CE 1.0715% INT202000092010 DD04032020 CO-DC 2748 007 001

Census Tract000100

Assessed Land Value$136,230

Assessed Improvement Value$176,250

Assessment Year2025

About this property

Fabulously UPDATED 2-bedroom condo in Lakewood set in a beautiful community with a pool and 1-car garage. Hardwood flooring, updated bathrooms, and recently cook's dream stunning kitchen remodel. Gorgeous custom kitchen with crisp cabinets, granite, TONS of storage and drawers. Light & bright with overhead lighting and skylights. Kitchen opens nicely to dining and living area. Living area offers wood burning fireplace and sweeping views of the peaceful creek lot. Master bedroom has a large closet and an alcove that can become an additional closet or storage. Updates were professionally completed and color selections are current. Welcome home!

Investor Tools

$312,480

Estimated Property Value

$139,221Estimated Mortgage Balance

$173,259Estimated Equity

55% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,875 /month

Positive

Cash Flow Estimate:

$625 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$450/month

$258/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,844

$312,480

2025

$136,230

$176,250

$312,480

Tax History

Year

Tax Paid

Assessed Value

2024

$3,844

$312,480

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Union Home Mortgage Corp

Conventional

$158,000

First

Apr 3, 2020

May 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$139,221

$173,259

55%

45%

$948/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,750/mo

$1,206/mo

+$544/mo

6.7%

Learn About the Market: Opportunity in Dallas

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