8110 SKILLMAN STREET #1090, DALLAS, TX 75231
Homes for sale in Dallas.
Homes for sale in 75231.
List Price$99,999
8110 Skillman Street #1090
Dallas, TX 75231
Listing #21382903
About This Property
Renovated One-Bedroom Condo at Windtree Condominiums offering an exceptional investment opportunity with a strong, established lease already in place! The long-term, multi-year tenant recently renewed for another 12 months at $1,475 per month, producing a gross rental yield of nearly 12% at list price. While the unit is priced above typical comparable sales, the premium is supported by an above-market lease with a proven tenant already in place. For an investor, this creates a rare opportunity to acquire a turnkey, low-maintenance property generating immediate income at a return that is difficult to replicate in the current market. The HOA covers water and trash, while the tenant is responsible for electricity and internet, keeping ownership straightforward and predictable. The renovated unit also minimizes near-term maintenance and improvement needs. Located in desirable Lake Highlands with convenient access to Downtown Dallas and nearby shopping, dining, and retail. The gated community includes a reserved covered parking space. An excellent opportunity for an investor prioritizing cash flow: strong lease, established tenant, renovated unit, and nearly 12% gross rental yield from day one.
Property Features
Location Information
County
Dallas
Subdivision
Windtree Condos
Interior Features
Rooms
First Floor Living Room, First Floor Primary Bedroom
Living Room Description
1 x 1
Interior
Decorative/Designer Lighting Fixtures, Eat-in Kitchen
Has Fireplace
No
Master Bedroom Description
1 x 1
Number of Fireplaces
0
Full Baths
1
Appliances
Dryer, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator, Washer
Exterior Features
Stories
1
Pool Description
Pool
Utilities
Sewer Available, Water Available
Lot Size in Acres
1
Parking Description
Covered
Lot Size in Sq. Ft.
43,560
Garage Spaces
1
Is One Story
Yes
Has a Pool
Yes
School
Elementary School District
Richardson ISD
Jr. High School
Forest Meadow
Elementary School
Merriman Park
High School
Lake Highlands
Additional Information
Property Type
CND
HOA Fee
$350
Property SubType
Condominium
HOA Frequency
Monthly
Year Built
1980
HOA Includes
All Facilities, Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
Status
Active
Tax Annual Amount
2014.0
Has a Home Owners Association
Yes
Similar Listings
Mortgage Calculator
$466
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$360
Monthly Tax
$83
Monthly Insurance
$23
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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