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$139,870

NAL Estimated Property Value

7340 Skillman St # L-1109, Dallas, TX, 75231

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths663 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$203.62 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Washer
FlooringLaminate

Exterior

Lot Size6.33 acres

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN00C52050000L01109
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 L UNIT 1109 CE .5701% INT202200261572 DD09132022 CO-DC 8125
Census Tract007827
Assessed Land Value$31,450
Assessed Improvement Value$108,420
Assessment Year2025

About this property

Welcome to 7340 Skillman Street #1109 – a beautifully updated 1-bedroom, 1-bathroom condo nestled in the sought-after Oaks on the Bend community. Located in the vibrant Lake Highlands area and within the highly regarded Richardson ISD, this home offers the perfect blend of comfort, style, and convenience.Step inside to discover a bright and open floor plan featuring a spacious living area with a cozy fireplace, wood-look flooring, and large windows that fill the space with natural light. The adjoining dining area flows seamlessly into a well-appointed kitchen complete with stainless steel appliances, granite countertops, and ample cabinet space – perfect for everyday living or entertaining guests. Step outside to your own covered balcony, ideal for enjoying your morning coffee or unwinding after a long day. Community highlights include: Sparkling community pool, Mature trees and scenic landscaping, Reserved parking, Easy access to White Rock Lake, NorthPark Center, and downtown Dallas Whether you’re a first-time homebuyer, investor, or looking to downsize, this condo delivers exceptional value in a prime location. Don’t miss your chance to own a piece of one of Dallas’ most convenient and charming neighborhoods!

Investor Tools

Property Icon
$139,870
Estimated Property Value
$102,876Estimated Mortgage Balance
$36,994Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$839 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,277
$139,870
2025
$31,450
$108,420
$139,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,277
$139,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$110,400
No
First
Sep 13, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,876
$36,994
26%
74%
$662/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$1,042/mo
+$284/mo
11.4%

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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7340 Skillman St # L-1109 | Property Details | No Agent List