B+

NoAgentList RatingHow are grades calculated?

2view

$149,990

7340 Skillman Street 202, Dallas, TX, 75231

Off Market

2 Beds

1 Bath

855 Sq Ft

Condos / Townhouses

$175.43 / sqft

Built in 1982

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Washer

Exterior

Lot Size6.33 acres

Building Information

Year Built1982

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00C52050000B00202

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 B UNIT 202 CE .7353% INT202000182990 DD07022020 CO-DC 8125

Census Tract007827

Assessed Land Value$40,550

Assessed Improvement Value$153,840

Assessment Year2025

About this property

Newly renovated Lake Highlands Condo, top tier finish out, established small neighborhood with greenbelt! Second level, no upstairs neighbors, 2 bdrm, 1 bath, corner unit, private 1 car garage & staircase! In 2019 the following major updates were done: new roof, new Goodman HVAC, luxury vinyl plank throughout, Samsung washer & dryer, SSrefrigerator, new kitchen & bathroom cabinets, undermount sinks, designer water fixtures, tile & backsplash, countertops & backsplash, stone slab counters, designer lighting, all electrical outlets & light switches, popcorn ceiling removal and retexture. Complex conveniently located to N CentralExpy, 635, DARTstation, Sprouts, restaurants & more! Water-sewer-trash covered by HOA.

Investor Tools

$194,390

Estimated Property Value

$0Estimated Mortgage Balance

$69,731Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,166 /month

Positive

Cash Flow Estimate:

$389 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$261/month

$409/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,162

$194,390

2025

$40,550

$153,840

$194,390

Tax History

Year

Tax Paid

Assessed Value

2024

$2,162

$194,390

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bayfirst National Bank

Conventional

$140,600

First

Jul 1, 2020

Aug 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$124,659

$69,731

35%

64%

$843/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,252/mo

+$313/mo

9.7%

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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