$182,560
NAL Estimated Property Value7340 Skillman Street 512, Dallas, TX, 75231
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCeramic Tile
Exterior
Exterior FeaturesBalcony
Lot Size6.33 acres
Building Information
Year Built1982
Stories1
Roof Type105
Garage Spaces1
Land Information
APN00C52050000A00102
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 A UNIT 102 CE .7353% INT201800258555 DD09242018 CO-DC 8125
Census Tract007827
Assessed Land Value$40,550
Assessed Improvement Value$142,010
Assessment Year2025
About this property
Great condo located on the 2nd level with a detached garage. Wonderful open layout with tile floors and vaulted ceilings throughout. Walk in to the updated kitchen with granite counter tops, stainless steel appliances, and built in cabinets. There are two bedrooms and one full bath. The bathroom features granite counter tops, dual sinks, tiled shower, and a ceiling mounted Bluetooth speaker for music. Condo is walking distance to community pool. NEW HVAC INSTALLED 9-2-2020.
Investor Tools
$182,560
Estimated Property Value
$4,574Estimated Mortgage Balance
$177,986Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,095 /month
Positive
Cash Flow Estimate:
$365 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
$409/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$390
$182,560
2025
$40,550
$142,010
$182,560
No
Tax History
Year
Tax Paid
Assessed Value
2024
$390
$182,560
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Planters Bank National Assn
N/A
$40,000
N/A
First
Jun 12, 1998
Jul 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,574
$177,986
97%
3%
$240/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$649/mo
+$916/mo
10.3%
