8110 SKILLMAN STREET #1090, DALLAS, TX 75231

Homes for sale in Dallas.

Homes for sale in 75231.


Active

List Price$99,999

8110 Skillman Street #1090

Dallas, TX 75231

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21382903

1

Bedrooms

1 full

Bathrooms

608

Square Feet

Condo

Type

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

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