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Owner Contacts

$148,910

NAL Estimated Property Value

7340 Skillman Street 1216, Dallas, TX, 75231

Off Market

1 Beds

1 Bath

663 Sq Ft

Condos / Townhouses

$199.85 / sqft

Built in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Dryer, Electric Cooktop, Washer

FlooringLaminate

Exterior

Private Pool

Lot Size6.33 acres

Building Information

Year Built1983

Stories1

Roof Type105

Land Information

APN00C52050000M01216

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 1216 CE 0.5701% INT202200078867 DD03182022 CO-DC 8125

Census Tract007827

Assessed Land Value$31,450

Assessed Improvement Value$117,460

Assessment Year2025

About this property

Comes complete with fully remodeled kitchen and laundry room with quartz counter tops, top of the line GE Slate appliances, double door fridge w filtered water and ice-maker, self cleaning oven, built in microwave and dishwasher. As a BONUS, also included front loading Samsung WD. Living room features custom fire place. The only staircase in the community that leads to the greenbelt and waterfront ravine viewable from the unit and terrace. This unit has a his and hers closet, coat closet and even an exterior storage closet!

Investor Tools

$148,910

Estimated Property Value

$118,468Estimated Mortgage Balance

$30,442Estimated Equity

20% 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

$205/month

$317/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,718

$148,910

2025

$31,450

$117,460

$148,910

Tax History

Year

Tax Paid

Assessed Value

2024

$1,718

$148,910

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Willow Bend Mortgage Co

Conventional

$128,525

First

Mar 18, 2022

Apr 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$118,468

$30,442

20%

80%

$771/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,326/mo

$1,088/mo

+$238/mo

10.7%

Learn About the Market: Opportunity in Dallas

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