NoAgentList RatingHow are grades calculated?

1view

$140,000

7660 Skillman Street 704, Dallas, TX, 75231

Off Market

2 Beds

2 Bath

991 Sq Ft

Condos / Townhouses

$141.27 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesElectric Range

FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesBalcony

Lot Size3.16 acres

Building Information

Year Built1983

Stories2

Roof Type105

Garage Spaces1

Land Information

APN00C15500000G00704

Lot Number3

SubdivisionDutch Creek Condos

Land UseResidential

Legal DescriptionDUTCH CREEK CONDOS BLK A/8139 LT 3 3.158AC BLDG G UNIT 704 CE 4.7539% INT202000229268 DD08212020 CO-DC 8139A000 003

Census Tract007827

Assessed Land Value$78,480

Assessed Improvement Value$85,530

Assessment Year2025

About this property

Virtual Interactive Tour Available! NEW HVAC just installed June 2020. Great Lake Highlands condo with 2 bed and 2 full bath condo overlooking Jackson Branch Creek and greenbelt. Condo includes 1 garage space and 1 reserved parking spot. You enter the condo on the 2nd floor with 1 full bed and attached bath. When you go up the stairs to the 3rd floor you will find the second bed and bath as well as open living room and kitchen with a wall of windows that overlooks the greenbelt and creek. DART bus stop right in front of complex on Skillman and Lake Highlands DART station about 1 block away.

Investor Tools

$197,000

Estimated Property Value

$0Estimated Mortgage Balance

$76,351Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,182 /month

Positive

Cash Flow Estimate:

$394 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$261/month

$271/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,150

$164,010

2025

$78,480

$85,530

$164,010

Tax History

Year

Tax Paid

Assessed Value

2024

$2,150

$164,010

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Financial Network Inc

Conventional

$135,800

First

Aug 21, 2020

Sep 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$120,649

$76,351

38%

61%

$815/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,086/mo

+$479/mo

9.5%

Learn About the Market: Opportunity in Dallas

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