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$144,000

NAL Estimated Property Value

7340 Skillman St # M-1215, Dallas, TX, 75231

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths663 Sq Ft
price_per_sqft$263.95 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Lot Size6.33 acres

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN00C52050000M01215
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 M UNIT 1215 CE .5701% INT202200319401 DD12162022 CO-DC 8125
Census Tract007827
Assessed Land Value$31,450
Assessed Improvement Value$108,420
Assessment Year2025

About this property

Beautiful 1st floor condo, quiet and serene community with pool. This unit sits on the creek side of the community with a nice greenbelt and wonderful views. Open concept living with a private garage on the first floor, spacious bedroom and bathroom. Nice back yard in this pet friendly community. Recently updated kitchen, wood flooring and window treatments. Great location close to DT DALLAS, North Park Mall, and Top Golf also near parks, shops, entertainment, Lake Highlands, White Rock Lake, plus easy access to highways & public transportation. HOA maintains the grounds, pool, & common areas. Water Sewer and Trash included in the HOA fee. Located in a highly desirable location of Dallas. Property will be available to be shown with a 24 hour notice

Investor Tools

Property Icon
$144,000
Estimated Property Value
$126,470Estimated Mortgage Balance
$17,530Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/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
Cadence Bank Na
Conventional
$135,000
No
First
Dec 16, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,470
$17,530
12%
88%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$1,190/mo
+$136/mo
11.1%

City: Dallas

7340 Skillman St # M-1215 | Property Details | No Agent List