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Owner Contacts

$138,700

NAL Estimated Property Value

7152 Fair Oaks Avenue Q1083, Dallas, TX, 75231

Off Market

1 Beds

2 Bath

722 Sq Ft

Condos / Townhouses

$86.57 / sqft

Built in 1975

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Dishwasher, Microwave

FlooringCeramic Tile, Vinyl

Exterior

Lot Size8.74 acres

Building Information

Year Built1975

Stories1

Roof Type105

Land Information

APN00000366788320000

Lot Number1-9

SubdivisionLofts Condos

Land UseResidential

Legal DescriptionLOFTS CONDOS BLK 4/5195 LTS 1-9 ACS 8.7397 BLDG N UNIT 2052 CE 0.5783% INT202000356690 DD12142020 CO-DC 5195 004 00100

Census Tract007821

Assessed Land Value$39,610

Assessed Improvement Value$99,090

Assessment Year2025

About this property

Great investment property or perfect for small family. Condo with tons of potential. Near Park Lane and I75 close to shopping and restaurants. Cozy living space on main floor with half bath, washer & dryer connections and patio space. Second floor features bedroom with vaulted ceiling and main bathroom. Some cosmetic work needed. Call for your private showing today.

Investor Tools

$138,700

Estimated Property Value

$40,303Estimated Mortgage Balance

$98,397Estimated Equity

70% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$832 /month

Positive

Cash Flow Estimate:

$277 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$129/month

$231/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$850

$138,700

2025

$39,610

$99,090

$138,700

Yes (2020)

Tax History

Year

Tax Paid

Assessed Value

2024

$850

$138,700

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ellis Wolbe

Purchase Money Mortgage

$45,000

First

Dec 14, 2020

Dec 2023

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$40,303

$98,397

70%

29%

$270/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$501/mo

+$1,064/mo

13.5%

Learn About the Market: Opportunity in Dallas

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