8110 Skillman Street #1090 Dallas, TX 75231
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 608 sqft
Subdivision Windtree Condos
MLS Listing ID 21382903
Bedrooms 1
Full Baths 1
HOA Fees $350/mo
HOA Y/N Mandatory
Year Built 1980
Annual Tax Amount $2,014
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Condominium
Property Description
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.
Location
State TX
County Dallas
Direction gps!
Rooms
Dining Room 1
Interior
Interior Features Decorative Lighting, Eat-in Kitchen
Appliance Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer
Exterior
Carport Spaces 1
Utilities Available City Sewer, City Water
Total Parking Spaces 1
Garage No
Private Pool 1
Building
Story One
Level or Stories One
Schools
Elementary Schools Merriman Park
Middle Schools Forest Meadow
High Schools Lake Highlands
School District Richardson Isd
Nearby Locations
GET MORE INFORMATION