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$399,900

$425,000

7418 Fair Oaks Avenue G, Dallas, TX, 75231

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,230 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$179.33 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Private Entrance, Private Yard
Lot Size39,444 sqft

Building Information

Year Built1974
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00000366731250000
Lot Number3
SubdivisionFair Oaks Townhomes Phase I
Land UseResidential
Legal DescriptionFAIR OAKS TOWNHOMES PHASE I BLK 3/5194 LOT 3 APT E BLDG A UNTI A-5 & 8.366L% CE INT202500092656 DD05012025 CO-DC 5194 003
Census Tract007821
Assessed Land Value$49,500
Assessed Improvement Value$227,070
Assessment Year2025

About this property

Stunning, one-of-a-kind 3-story residence offering style, comfort, and an unbeatable location near parks, shopping, and dining. This beautifully updated home features 3 bedrooms plus a versatile study that can easily serve as a 4th bedroom, along with 2.5 baths. The expansive third floor living area is designed for entertaining, showcasing an open-concept layout with soaring vaulted ceilings, exposed beams, a cozy wood-burning fireplace, and oversized windows that fill the space with natural light and balcony access. The spacious kitchen is both elegant and functional, featuring quartz countertops, a large island with seating, decorative lighting, and seamless flow into the dining area—perfect for gathering and conversation. Adjacent to the dining room, the study offers flexibility as a home office or optional fourth bedroom, complete with a nearby half bath. The oversized primary suite occupies the second floor and features double-door entry, a generous walk-in closet, and a private balcony. The luxurious ensuite bath includes a large glass-enclosed shower with soaking tub. A secondary bedroom on the same level also offers an ensuite bath, walk-in closet, and ample privacy. On the first floor, you’ll find a bedroom along with direct access to the outdoor living area featuring mature trees and a covered patio. Additional storage space beneath the stairs creates the perfect spot for seasonal items or even a cozy pet retreat. Outdoor enthusiasts will love the nearby SOPAC Trail with easy access to White Rock Lake for hiking and biking adventures. The attached garage provides space for two vehicles plus additional storage. Recent community-wide improvements include complete cedar shake siding replacement and new roofs in 2022. HOA dues cover exterior insurance and roof maintenance, water, sewer, trash, landscaping, and management fees. Dining room table, washer, dryer, refrigerator, curtains, and patio furniture will all convey with the property.

Investor Tools

Property Icon
$421,000
Estimated Property Value
$0Estimated Mortgage Balance
$158,622Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,526 /month
Positive
Cash Flow Estimate:
$842 /month

Interested in this property?

Ryan Williams

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$621/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,344
$276,570
2025
$49,500
$227,070
$276,570
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,344
$276,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sierra Pacific Mortgage Co Inc
Conventional
$267,900
No
First
May 1, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,378
$158,622
37%
62%
$1,607/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,187/mo
$-215/mo
5.6%

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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7418 Fair Oaks Avenue G | Property Details | No Agent List