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$289,000

4003 Gilbert Avenue Unit 7, Dallas, TX, 75219

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths994 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$290.74 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan
FlooringTile

Exterior

Lot Size12,400 sqft

Building Information

Year Built1972
Roof Type105

Land Information

APN00000160669700000
Lot Number19-20
Subdivision4003 Gilbert Ave Condominium
Land UseResidential
Legal Description4003 GILBERT AVE CONDOMINIUM BLK F/1569 PT LOTS 19 & 20 BLDG A APT 7 & 9.564% CE INT202400216669 DD10242024 CO-DC 1569 00F
Census Tract000606
Assessed Land Value$106,730
Assessed Improvement Value$173,470
Assessment Year2026

About this property

This chic 1-bedroom, 1-bathroom condo is a stylish urban retreat in the heart of Oak Lawn! Tucked along a picturesque, tree-lined street, this charming home offers the perfect blend of modern updates, inviting character, and an unbeatable location. Enjoy the best of Dallas living with Oak Lawn, Turtle Creek, Uptown, the Katy Trail, popular restaurants, entertainment, and local boutiques just moments away. Inside, the thoughtfully designed two-level layout offers an inviting atmosphere, with an open-concept living and dining area that maximizes both comfort and functionality. The kitchen combines style and functionality with updated cabinetry, granite countertops, stainless steel appliances, gas cooking, contemporary lighting, and a convenient breakfast bar perfect for casual dining or entertaining. The open living and dining area offers flexibility for relaxing, hosting guests, or creating a dedicated work-from-home space. Upstairs, the loft-style bedroom comfortably accommodates a king-sized bed and offers a cozy, private retreat. The updated bathroom features granite countertops, refreshed cabinetry, and a modern walk-in shower. Even better, the low monthly HOA dues cover water, sewer, trash, and gas, helping simplify ownership and monthly budgeting. The property can be sold fully furnished. With a strong history as a short- and long-term rental and high occupancy rates, it’s ideal for buyers seeking an income-producing opportunity with immediate revenue potential. Big city convenience, neighborhood charm, and an inviting place to call home, all in one exceptional package!

Investor Tools

$72,305Estimated Mortgage Balance
$207,895Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$637/month
$343/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,239
$280,200
2026
$106,730
$173,470
$280,200
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,239
$280,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$75,000
No
First
Oct 24, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,305
$207,895
74%
26%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,840/mo
$793/mo
+$1,047/mo
7.9%

City: Dallas