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$199,000

7155 Fair Oaks Ave # C-22, Dallas, TX, 75231

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,427 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Convection Oven, Refrigerator, Washer
FlooringCombination, Laminate

Exterior

Private PoolPrivate Pool
Lot Size2.99 acres

Building Information

Year Built1974
Stories2
Roof Type105

Land Information

APN00000366982880000
Lot Number40
SubdivisionOld Vickery Square Townhomes
Land UseResidential
Legal DescriptionOLD VICKERY SQ TOWNHOMES/CONDOS PT LT 40 & ALL LTS 41,42,43 BLDG C APT 22 & 2.0340% CE INT202200138937 DD05132022 CO-DC 5196
Census Tract007815
Assessed Land Value$39,680
Assessed Improvement Value$152,970
Assessment Year2025

About this property

This modern and stylish 2BR,2FullBath+2CoveredCarports Townhome in the heart of Northeast Dallas offers comfort & convenience. Within a few minutes away from NorthPark Mall & Presby Dallas, easy access to Hwy75, Hwy12, Downtown Dallas, Employment, Dining areas, Shopping, Schools, and Entertainment are within close proximity. Everything inside the unit is BRAND NEW, and you'll fall in love with the quality of craftsmanship from the easy maintenance & allergy-free laminate flooring THROUGHOUT the home to the impressive kitchen, light fixtures, & bathrooms upstairs & energy efficiency features of this home. The oversized living room with fireplace has an open layout and is light & bright. The beautifully renovated kitchen with expansive flat counters complemented with quartz countertops, brand-new cabinets, and stylish fixtures throughout the home will inspire you in prepping gourmet meals. The dining area is huge, can hold a party & still have extra space for your fitness equipment, hobby area, or office. The sleek wrought iron baluster staircase takes you to the two big bedrooms upstairs. Each bedroom has walk-in closets and contemporary ensuite baths with an impressive finishout. The energy-efficient BRAND NEW WINDOWS, WATER HEATER & HVAC units & ADDED INSULATION will help you save on electric bills. All appliances are also BRAND NEW, including the fridge, washer, and dryer, which will stay with the unit. Privacy fence for your outdoor living and security. Water is included in the rent. Strictly no smoking.

Investor Tools

Property Icon
$199,000
Estimated Property Value
$116,000Estimated Mortgage Balance
$91,684Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,640
$192,650
2025
$39,680
$152,970
$192,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,640
$192,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$116,000
No
First
May 13, 2022
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,316
$91,684
46%
54%
$696/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,221/mo
+$751/mo
11.9%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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