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Owner Contacts

$164,000

NAL Estimated Property Value

7155 Fair Oaks Avenue 24, Dallas, TX, 75231

Off Market

2 Beds

3 Bath

1,171 Sq Ft

Condos / Townhouses

$84.54 / sqft

Built in 1974

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesElectric Range

FlooringCarpet

Exterior

Lot Size2.99 acres

Building Information

Year Built1974

Stories2

Roof Type105

Land Information

APN00000366982960000

Lot Number41-43

SubdivisionOld Vickery Sq Townhomes/Condos

Land UseResidential

Legal DescriptionOLD VICKERY SQ TOWNHOMES/CONDOS BLK 5/5196 PT LOT40 ALL LOT 41-43 BLDG C UNIT 24 CE 1.669% INT202100169782 DD06042021 CO-DC

Census Tract007815

Assessed Land Value$32,560

Assessed Improvement Value$102,110

Assessment Year2025

About this property

Beautiful newly updated with fresh paint and carpet. Half bath down and full bath upstairs. Fireplace. Covered parking. Looks and feels clean and ready to go. The covered spots by the rear gate belong to unit #24. Unit has individual hot water under the stairs. Complex has 60 units.

Investor Tools

$164,000

Estimated Property Value

$0Estimated Mortgage Balance

$164,000Estimated Equity

100% 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

$304/month

$328/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,827

$134,670

2025

$32,560

$102,110

$134,670

Tax History

Year

Tax Paid

Assessed Value

2024

$2,827

$134,670

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$164,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$328/mo

+$1,237/mo

11.5%

Learn About the Market: Opportunity in Dallas

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