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$134,900

7340 Skillman Street 1106, Dallas, TX, 75231

Under ContractInfo
Beds2 Beds
Baths2 Bath
Baths882 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$152.95 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
FlooringBamboo, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
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

Come Check out the only updated 2 bed, 2 bath with creek view available!! Updated Lake Highlands Condo with serene Creek Views!! Discover the perfect blend of modern comfort and natural beauty in this beautifully updated 2-bedroom, 2-bath condo located in the Oaks-On-The-Bend community in Lake Highlands. This second-level unit backs to a lush greenbelt and peaceful creek, offering rare, scenic views right from your private balcony. A private outdoor storage closet adds even more convenience. Inside, the layout is bright and functional, featuring wood-look flooring. The updated kitchen boasts granite countertops, sleek black appliances, and plenty of cabinet space, all open to the cozy living area with fireplace and large windows that bring in tons of natural light. The spacious primary suite includes an en-suite bath and two closets, while the second bedroom offers great flexibility for guests, office, or both. Washer, dryer, and refrigerator all convey with the home, making this move-in ready and ideal for both homeowners and investors. Enjoy access to a well-maintained community pool and beautiful landscaping, with pet-friendly amenities including convenient disposal stations and well-lit pathways throughout the complex. The HOA covers water, sewer, and trash—so no water bill! Assigned covered parking is included, and the community feeds into the best Richardson ISD schools. Just minutes from White Rock Lake, NorthPark Center, SMU, Lower Greenville, and the medical district, this location offers exceptional access to dining, shopping, fitness centers, and major highways. DART access is nearby, making commuting easy and convenient. Two-bedroom, two-bath units with a greenbelt view are hard to come by in this community, making this a standout opportunity for buyers seeking both space and scenery!

Investor Tools

Property Icon
$183,320
Estimated Property Value
$0Estimated Mortgage Balance
$53,210Estimated Equity
100% 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

Interested in this property?

Nika Arastoupour

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
$585/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,498
$183,320
2025
$41,880
$141,440
$183,320
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,498
$183,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$138,400
No
First
Apr 7, 2023
May 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,110
$53,210
29%
71%
$830/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,415/mo
+$150/mo
10.2%

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 Street 1106 | Property Details | No Agent List