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Owner Contacts

$183,320

NAL Estimated Property Value

7340 Skillman Street 1106, Dallas, TX, 75231

Off Market

2 Beds

2 Bath

882 Sq Ft

Condos / Townhouses

$175.74 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Electric Range

FlooringCeramic Tile

Exterior

Private Pool

Lot Size6.33 acres

Building Information

Year Built1983

Stories1

Roof Type105

Land Information

APN00C52050000L01106

Lot Number1B

SubdivisionOaks On The Bend Condos Ph 1-4

Land UseResidential

Legal DescriptionOAKS ON THE BEND CONDOS PH 1-4 BLK 5/8125 LT 1B ACS 6.3308 BLDG L UNIT 1106 CE 0.7585% INT202300069373 DD04072023 CO-DC 8125

Census Tract007827

Assessed Land Value$41,880

Assessed Improvement Value$141,440

Assessment Year2025

About this property

This fantastic condo has been completely and beautifully updated. Close to White Rock Lake, the Oaks on the Bend community is a hidden treasure, a must see! Covered parking, wood burning fireplace, washer dryer hookups, appliances and tiled shower surround in both bathrooms. 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. Stunning view of the creek from your patio. Located in desirable Lake Highlands neighborhood and in Richardson ISD.

Investor Tools

$183,320

Estimated Property Value

$130,562Estimated Mortgage Balance

$52,758Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,100 /month

Positive

Cash Flow Estimate:

$367 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$434/month

$351/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,295

$183,320

2025

$41,880

$141,440

$183,320

Tax History

Year

Tax Paid

Assessed Value

2024

$4,295

$183,320

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cardinal Financial Company Lp

Conventional

$138,400

First

Apr 7, 2023

May 2038

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$130,562

$52,758

28%

71%

$830/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,181/mo

+$384/mo

10.2%

Learn About the Market: Opportunity in Dallas

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