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Owner Contacts

$139,870

NAL Estimated Property Value

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

Off Market

1 Beds

1 Bath

668 Sq Ft

$149.55 / sqft

Built in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Electric Range

FlooringLaminate

Exterior

Private Pool

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

Fantastic Condo, beautifully updated and close to White Rock Lake. Oaks on the Bend community is a hidden treasure! A must see! Quartz in kitchen, bath has garden tub. Covered parking, Built in cabinets in the living room and hall, wood burning fireplace, washer dryer hookups. Close to freeways, medical district, Lower Greenville, WRL, Park Mall are just a short drive away. Hard to find a condo this good at this price near DT Dallas. Walking distance to new shopping area, LA Fitness in Lake Highlands. Move in Ready and beautifully Updated, engineered wood flooring. Stunning view of the creek from your tiled patio. 2nd level condo close to desirable Lake Highlands neighborhood and in Richardson ISD.

Investor Tools

$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

$223/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

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

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

$885/mo

+$441/mo

11.4%

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