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$175,000

7125 Fair Oaks Avenue 12, Dallas, TX, 75231

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,427 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$122.63 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile, Tile

Exterior

Lot Size2.99 acres

Building Information

Year Built1974
Stories2
Roof Type105

Land Information

APN00000366982480000
Lot Number40
SubdivisionOld Vickery Square Townhomes
Land UseResidential
Legal DescriptionOLD VICKERY SQ TOWNHOMES/CONDOS PT LT 40 & ALL LTS 41,42,43 BLDG A APT 12 & 2.0340% CE INT202100286203 DD09222021 CO-DC 5196
Census Tract007815
Assessed Land Value$39,680
Assessed Improvement Value$152,970
Assessment Year2025

About this property

Beautifully updated corner-unit condo in the heart of Dallas! Located in desirable Old Vickery Square, this inviting two-bedroom home offers a spacious layout, stylish finishes, and an unbeatable location. The updated kitchen features beautiful custom cabinetry, quartzite countertops, an undermount sink, and range, while the main living area centers around a cozy wood-burning fireplace. A second downstairs living space provides plenty of flexibility for a large dining area, home office, or additional lounge. Upstairs, both generously sized bedrooms offer private en-suite baths and walk-in closets. Enjoy your own private back patio, perfect for relaxing or grilling, plus two assigned covered parking spaces. Conveniently located near Greenville Avenue, NorthPark Center, SMU, Presbyterian Hospital, dining, shopping, and nightlife. A fantastic opportunity to own an updated home in a central Dallas location!

Investor Tools

$122,023Estimated Mortgage Balance
$82,977Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

Interested in this property?

Elise Stover

Better Homes & Gardens, Winans

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$270/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,211
$192,650
2025
$39,680
$152,970
$192,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,211
$192,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$134,910
No
First
Sep 22, 2021
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,023
$82,977
40%
60%
$809/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,384/mo
+$181/mo
9.2%

City: Dallas

7125 Fair Oaks Avenue 12 | Property Details | No Agent List