B+

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Owner Contacts

$148,910

NAL Estimated Property Value

7340 Skillman Street 1108, Dallas, TX, 75231

Off Market

1 Beds

1 Bath

663 Sq Ft

Condos / Townhouses

$188.54 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringLaminate

Exterior

Private Pool

Lot Size6.33 acres

Building Information

Year Built1983

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00C52050000L01108

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 1108 CE .5701 INT202300021290 DD02032023 CO-DC 8125

Census Tract007827

Assessed Land Value$31,450

Assessed Improvement Value$117,460

Assessment Year2025

About this property

Uptown Style without the uptown price! Oaks on the Bend Community is a hidden treasure! Completely remodeled, beautiful finishes, 1 bedroom 1 bath with a private garage and back yard. Great for a dog or relaxing after a long day. Wood burning fireplace, washer dryer hook ups. Close to Whiterock Lake, easy access to all freeway points NSEW, Medical District, Lower Greenville and 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 and LA Fitness. Located close to desirable Lake Highlands neighborhood and in Richardson ISD.

Investor Tools

$148,910

Estimated Property Value

$120,333Estimated Mortgage Balance

$28,577Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$893 /month

Positive

Cash Flow Estimate:

$298 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$353/month

$248/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,489

$148,910

2025

$31,450

$117,460

$148,910

Tax History

Year

Tax Paid

Assessed Value

2024

$3,489

$148,910

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Conventional

$128,000

First

Feb 3, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$120,333

$28,577

19%

81%

$768/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,326/mo

$1,016/mo

+$310/mo

10.7%

Learn About the Market: Opportunity in Dallas

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