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B+

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$134,000

7340 Skillman Street 1103, Dallas, TX, 75231

Off Market

1 Beds

1 Bath

600 Sq Ft

Condos / Townhouses

$190.83 / sqft

Built in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCarpet, Ceramic Tile

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size6.33 acres

Building Information

Year Built1983

Stories1

Roof Type105

Land Information

APN00C52050000L01103

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 1103 CE .5117% INT202100175604 DD06112021 CO-DC 8125

Census Tract007827

Assessed Land Value$28,250

Assessed Improvement Value$104,570

Assessment Year2025

About this property

Well kept Condo in an established one entrance neighborhood! No upstairs neighbors! Smooth texture ceilings, new carpet & pad installed May 2021, designer ceiling fans with remotes, updated shower with decorative tile, stackable washer & dryer, balcony off the bedroom with a storage, reserved carport for this unit directly next to your stairway. New roof was put on in 2020 for the entire community! Community backs up to a nice greenbelt and creek, the area is in Lake Highlands with shopping, parks nearby, and makes for an easy commute!

Investor Tools

$134,000

Estimated Property Value

$0Estimated Mortgage Balance

$133,397Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$804 /month

Positive

Cash Flow Estimate:

$268 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$315/month

$284/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,112

$132,820

2025

$28,250

$104,570

$132,820

Tax History

Year

Tax Paid

Assessed Value

2024

$3,112

$132,820

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Magnolia Federal Bank For Svgs

N/A

$21,290

N/A

First

Nov 22, 1996

Dec 2006

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$603

$133,397

99%

$128/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,326/mo

$412/mo

+$914/mo

11.9%

Learn About the Market: Opportunity in Dallas

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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.

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