8110 Skillman St Unit 1090, Dallas, TX 75231
- $99,999
- 1
- BD
- 1
- BA
- 608
- SqFt
- List Price
- $99,999
- MLS#
- 21382903
- Status
- ACTIVE
- Type
- Condo
- Subtype
- Residential
- Year Built
- 1980
- Bedrooms
- 1
- Full Baths
- 1
- Acres
- 1
- Living Area
- 608
- County
- Dallas
- City
- Dallas
- Subdivision
- Windtree Condos
Property Description
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.
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Additional Information
- Unexempt Taxes
- $2,014
- HOA Fees
- $350
- HOA Freq
- Monthly
- Amenities
- Pool
- Lot Size
- 43,560
- Acres
- 1
- Interior Features
- Decorative Designer Lighting Fixtures, Eat-In Kitchen
- Stories
- 1
- Pool
- Yes
- Pool Features
- Pool
- Carport Spaces
- 1
- Parking Garage
- Covered
- School District
- Richardson Isd
- Elementary School
- Merriman Park
- Middle School
- Forest Meadow
- High School
- Lake Highlands
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Cooper Johnson from Woodall and Co. Realty, LLC. Contact: 214-738-0070
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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