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Owner Contacts

$182,560

NAL Estimated Property Value

7340 Skillman St # E512, Dallas, TX, 75231

Off Market

2 Beds

1 Bath

855 Sq Ft

$167.13 / sqft

Built in 1982

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator

FlooringCeramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Lighting

Lot Size6.33 acres

Building Information

Year Built1982

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00C52050000E00512

Lot Number1B

SubdivisionOaks On The Bend Condos Ph 1-4

Land UseResidential

Legal DescriptionOAKS ON THE BEND CONDOS PH 1-4 BLK 5/8125 LOT 1B ACS 6.3308 BLDG E UNIT 512 CE .7353% INT202500103555 DD05062025 CO-DC 8125

Census Tract007827

Assessed Land Value$40,550

Assessed Improvement Value$142,010

Assessment Year2025

About this property

Upgraded condo in highly coveted Lake Highlands neighborhood. You have NATURE at your doorstep and CITY LIFE at your fingertips! Take your kayak along the Jackson Branch Creek behind complex all the way to White Rock Lake! No expense spared in kitchen and bath remodel! The French Country kitchen boasts Whirlpool appliances, deep farmhouse sink, classic butcher block ctrtops, and handcrafted glass cabinet doors to showcase your prized China. Bathroom remodel includes custom vanities, luxurious marble ctrtops, oil rubbed bronze fixtures, and contemporary lighting. Don’t miss the custom closet systems in the master and bathroom! With hardwood floors, vaulted ceiling, and private garage, this condo is Corona-proof!

Investor Tools

$182,560

Estimated Property Value

$103,271Estimated Mortgage Balance

$79,289Estimated Equity

43% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,095 /month

Positive

Cash Flow Estimate:

$365 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$233/month

$409/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,882

$182,560

2025

$40,550

$142,010

$182,560

Tax History

Year

Tax Paid

Assessed Value

2024

$1,882

$182,560

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$114,400

First

Apr 26, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$103,271

$79,289

43%

57%

$686/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,095/mo

+$470/mo

10.3%

Learn About the Market: Opportunity in Dallas

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