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Owner Contacts

$160,000

NAL Estimated Property Value

8550 Fair Oaks Crossing 304, Dallas, TX, 75243

Off Market

2 Beds

1 Bath

856 Sq Ft

Condos / Townhouses

$122.66 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private Pool

Lot Size7.44 acres

Building Information

Year Built1982

Stories1

Roof Type105

Land Information

APN00C82510000100304

Lot Number2

SubdivisionWoodlands Ii On The Creek

Land UseResidential

Legal DescriptionWOODLANDS II ON THE CREEK BLK A-B/8148 LOT 2 7.44 ACS BLDG D UNIT 304 CE 0.85377% INT202500027529 DD02102025 CO-DC C8251000

Census Tract007835

Assessed Land Value$55,350

Assessed Improvement Value$99,330

Assessment Year2025

About this property

Come see this charming and cozy Lake Highlands Condo in highly desired RISD. Offering 2 beds, 1 baths, Laminate, tile and carpet, assigned covered parking and private storage closet on balcony. This 2nd floor unit is located in the more quiet, minimal traffic, part of the Complex. Community offers a Club house, pool on-site, HOA includes water bill. Conveniently located close to biking paths as well as quick access to 75, 635, downtown Dallas and Tom Thumb! Schedule your showing today!...

Investor Tools

$160,000

Estimated Property Value

$158,427Estimated Mortgage Balance

$1,573Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$960 /month

Positive

Cash Flow Estimate:

$320 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$347/month

$351/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,369

$154,680

2025

$55,350

$99,330

$154,680

Tax History

Year

Tax Paid

Assessed Value

2024

$3,369

$154,680

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas State Affordable Hsng Corp

Purchase Money Mortgage

$162,011

First

Feb 10, 2025

Feb 2028

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$158,427

$1,573

99%

$972/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,323/mo

+$242/mo

11.7%

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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