8110 Skillman St #1067 · Dallas, TX 75231

$67,950

1 bd · 1.0 ba · 602 sqft · Condo public records · 121 Days on market

Built 1980 $113/sqft · 5% below area Est $72k · 5% under $336/mo HOA · 35% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +9.9/15.0
• 1% rule +9.3/10.0
• Cash flow +7.5/30.0
• Livability +4.0/5.0
• Schools +3.7/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• DSCR +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Priced to sell! You just found a condo in Lake Highlands with an amazing price point! This location is special, close to Highways, restaurants, shopping, parks and entertainment. Excellent schools and much more. Call or have your agent schedule you a tour immediately!

Key facts

• Close to parks
• Close to restaurants
• Close to shopping

Tags

• CONDO IN LAKE HIGHLANDS
• CLOSE TO HIGHWAYS
• CLOSE TO RESTAURANTS
• CLOSE TO SHOPPING
• CLOSE TO PARKS
• CLOSE TO ENTERTAINMENT

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $68k.

Deal economics

• At list price, monthly cash flow is $-83 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $53k (21.7% below list).
• Meets the 1% rule at list price ($969 rent vs $68k).
• Recommended offer: $53k (21.7% below list) — sets the bar for cash-flow.
• Cap rate 4.8% vs local median 2.3% in Dallas — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#24 in TX, #1,380 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: crime F.
• Richardson ISD (urban): math 40% / reading 44% proficiency, ranked #316 of 826 in TX (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Math/Science/Tech Magnet (math 60% / reading 55%, grade C+, #492 of 4,322 statewide, top 12%, 601 students, 51% FRL); Lake Highlands J H (math 37% / reading 51%, grade D, #512 of 1,662 statewide, top 32%, 822 students, 49% FRL); Lake Highlands H S (math 38% / reading 45%, grade F, #767 of 1,632 statewide, top 47%, 2,896 students, 57% FRL) — zoned schools at 52% FRL track the district average.
• Market conditions: Rents rising (+2.0%/yr); 214 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $470 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Dallas County population projected at +35% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 121 days — a 12% lower offer ($60k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 16y ago; this cycle's ask is 6371% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: HOA is 35% of rent.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $53,214 (21.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 121 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.43% ✓
• Cap rate: 4.82%
• Cash-on-cash: -5.26%
• DSCR: 0.77
• GRM: 5.8

CMA / ARV

• ARV (median comp): $71,796
• List price: $67,950
• Delta: -5.36%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9520 Royal Ln #117	0.59mi	1/1.0	524 (-13%)	2mo	$75,000	$143	49
9520 Royal Ln #116	0.59mi	1/1.0	524 (-13%)	2mo	$65,000	$124	49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.96% rent growth · sell at horizon

5-year hold

• IRR: -27.0%
• Equity multiple: 0.10×
• Total profit: $-17,080
• Equity at exit: $10,132

10-year hold

• IRR: -31.3%
• Equity multiple: -0.30×
• Total profit: $-24,740
• Equity at exit: $5,875

Cash invested: $19,026 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 75231

• Rents YoY: 2.0%
• Active inventory: 214
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $969 high
• Mortgage (P&I): −$356
• Tax from tax record: −$128 /mo · $1,538/yr
• Insurance: −$28
• HOA: −$336
• Vacancy / Maint / Mgmt: −$203
• Net cashflow: $-83

Break-even live

Break-even rent $1,074

Max offer price $53,214

Occupancy floor —

Sensitivity live

Price	-10% $-45	-5% $-64	+0% $-83	+5% $-103	+10% $-122
Rent	-10% $-160	-5% $-122	+0% $-83	+5% $-45	+10% $-7
Rate	-1.0pp $-49	-0.5pp $-66	base $-83	+0.5pp $-101	+1.0pp $-119

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $16,988
• Closing costs: $2,038
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8110 Skillman St Dallas, TX	1.0–2.0	1.0–2.0	600	$850	$1.42	1d	4	0.06mi
8309 Skillman St Dallas, TX	1.0	1.0	670	$880	$1.31	22d	1	0.26mi
8309 Skillman St Dallas, TX	1.0	1.0	670	$880	$1.31	15d	1	0.26mi
7660 Skillman St Dallas, TX	1.0–2.0	1.5–2.5	804	$2,500	$3.11	45d	2	0.32mi
7610 Skillman St Dallas, TX	1.0	1.0	612	$799	$1.31	14d	1	0.34mi
7610 Skillman St Unit 1121 Dallas, TX	1.0	1.0	612	$850	$1.39	12d	1	0.34mi
7610 Skillman St Unit 7631 Dallas, TX	1.0	1.0	612	$849	$1.39	12d	1	0.34mi
7610 Skillman St Unit 7631 Dallas, TX	1.0	1.0	612	$819	$1.34	16d	1	0.34mi
9236 Church Rd Dallas, TX	1.0–3.0	1.0–2.0	898	$815	$0.91	1d	14	0.40mi
7474 Skillman St Dallas, TX	1.0–2.0	1.0–2.5	902	$770	$0.85	0d	10	0.45mi
9600 Royal Ln Dallas, TX	1.0–2.0	1.0	829	$995	$1.20	26d	3	0.51mi
8600 Coppertowne Ln Dallas, TX	1.0–2.0	1.0	792	$1,300	$1.64	1d	2	0.58mi
8600 Coppertowne Ln #502 Dallas, TX	1.0	1.0	720	$1,400	$1.94	19d	1	0.58mi
9520 Royal Ln Dallas, TX	1.0–2.0	1.0–2.0	656	$850	$1.30	1d	2	0.58mi
9520 Royal Ln Dallas, TX	1.0–2.0	1.0–2.0	656	$850	$1.30	5d	2	0.58mi
9505 Royal Ln Dallas, TX	1.0–2.0	1.0–2.0	854	$711	$0.83	0d	36	0.59mi
7340 Skillman St Dallas, TX	1.0–2.0	1.0	784	$1,525	$1.95	1d	2	0.60mi
7340 Skillman St Dallas, TX	1.0	1.0	713	$1,438	$2.02	26d	1	0.60mi
7324 Skillman St Dallas, TX	1.0–3.0	1.0–2.0	849	$810	$0.95	1d	50	0.60mi
9450 Royal Ln Dallas, TX	1.0–3.0	1.0–2.0	777	$692	$0.89	1d	23	0.65mi
8856 Fair Oaks Xing Dallas, TX	1.0	1.0	550	$929	$1.69	45d	1	0.65mi
9850 Whitehurst Dr Dallas, TX	2.0	1.0–2.0	781	$1,024	$1.31	1d	23	0.69mi
10028 Royal Ln Dallas, TX	1.0–3.0	1.0–2.5	971	$750	$0.77	0d	37	0.78mi
9917 Whitehurst Dr Dallas, TX	1.0	1.0	553	$932	$1.69	26d	1	0.81mi
9911 Whitehurst Dr Dallas, TX	2.0	1.0–2.0	738	$974	$1.32	1d	28	0.82mi
9747 Whitehurst Dr #87 Dallas, TX	1.0	1.0	573	$1,000	$1.75	45d	1	0.82mi
9727 Whitehurst Dr Dallas, TX	1.0–2.0	1.0–2.0	791	$715	$0.90	1d	2	0.83mi
9857 Audelia Rd Dallas, TX	1.0–2.0	1.0–2.0	746	$825	$1.11	0d	23	0.84mi
10075 Royal Ln Dallas, TX	1.0–2.0	1.0–2.0	868	$1,000	$1.15	6d	3	0.88mi
9633 W Ferris Branch Blvd Dallas, TX	1.0	1.0	663	$1,076	$1.62	4d	22	0.89mi
9769 Audelia Rd Dallas, TX	1.0	1.0	736	$1,129	$1.53	26d	1	0.90mi
10928 Audelia Rd Dallas, TX	1.0–2.0	1.0–2.0	748	$849	$1.14	3d	23	0.91mi
9842 Audelia Rd Dallas, TX	3.0	1.0–2.5	925	$1,243	$1.34	0d	23	0.94mi
7077 Watercrest Pkwy Dallas, TX	3.0	1.0–2.0	1014	$2,165	$2.13	1d	8	1.07mi
7008 Silverberry St Dallas, TX	1.0	1.0	678	$1,295	$1.91	45d	1	1.19mi
7008 Silverberry St Dallas, TX	1.0	1.0	678	$1,295	$1.91	24d	1	1.19mi
9900 Adleta Blvd Dallas, TX	1.0–2.0	1.0–2.0	710	$849	$1.20	1d	58	1.22mi
9450 Forest Springs Dr Dallas, TX	1.0–3.0	1.0–2.5	1027	$849	$0.83	6d	69	1.23mi
9959 Adleta Blvd Dallas, TX	1.0–2.0	1.0–2.0	765	$616	$0.80	0d	24	1.25mi
6910 Skillman St Dallas, TX	1.0–2.0	1.0–2.0	748	$992	$1.33	1d	8	1.26mi

HOA detail condo

• Monthly dues: $336 · $4,032/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-06-21
   days on market $67,950 Active 121 DOM
2. 2026-06-18
   days on market $67,950 Active 118 DOM
3. 2026-06-17
   days on market $67,950 Active 117 DOM
4. 2026-06-16
   days on market $67,950 Active 116 DOM
5. 2026-06-15
   days on market $67,950 Active 115 DOM
6. 2026-06-13
   days on market $67,950 Active 113 DOM
7. 2026-06-09
   days on market $67,950 Active 109 DOM
8. 2026-06-08
   days on market $67,950 Active 108 DOM
9. 2026-06-07
   days on market $67,950 Active 107 DOM
10. 2026-06-04
    days on market $67,950 Active 104 DOM
11. 2026-06-03
    days on market $67,950 Active 103 DOM
12. 2026-06-02
    days on market $67,950 Active 102 DOM
13. 2026-06-01
    days on market $67,950 Active 101 DOM
14. 2026-05-31
    days on market $67,950 Active 100 DOM
15. 2026-02-21
    listed $1,050
16. 2026-02-20
    listed $67,950 Active 268-char remark

    Show marketing remark (268 chars)

    Priced to sell! You just found a condo in Lake Highlands with an amazing price point! This location is special, close to Highways, restaurants, shopping, parks and entertainment. Excellent schools and much more. Call or have your agent schedule you a tour immediately!

17. 2025-09-30
    historical
18. 2025-03-25
    price $69,000
19. 2025-03-18
    listed $82,000 Active
20. 2023-04-21
    soldstatus Closed
21. 2023-04-21
    soldstatus
22. 2023-04-14
    status Pending
23. 2023-02-25
    price $69,900
24. 2023-02-25
    listed $699,000 Active
25. 2023-02-23
    historical
26. 2023-02-14
    price $69,900
27. 2022-12-29
    status Active
28. 2022-11-21
    listed $75,000 Active
29. 2019-05-31
    soldstatus
30. 2019-05-29
    soldstatus Sold
31. 2019-05-16
    status Pending
32. 2019-05-09
    price $56,000
33. 2019-04-18
    price $58,000
34. 2019-03-28
    status Active
35. 2019-03-20
    historical Active Option Contract
36. 2019-03-18
    price $60,000
37. 2019-03-14
    price $63,000
38. 2019-03-07
    listed $60,000 Active
39. 2018-08-06
    soldstatus
40. 2018-01-11
    soldstatus
41. 2017-11-21
    soldstatus
42. 2017-11-17
    soldstatus Sold
43. 2017-11-13
    status Pending
44. 2017-11-07
    historical Active Option Contract
45. 2017-11-01
    listed $49,900 Active
46. 2011-01-14
    soldstatus Closed
47. 2011-01-13
    status Pending
48. 2010-11-29
    price $12,500
49. 2010-10-24
    listed $13,500 Active
50. 1991-10-15
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $1,538 · $128/mo
• Projected year-2 tax: $1,538 · $128/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,626
• − Mortgage interest: −$3,806
• − Property taxes: −$1,538
• − Insurance: −$340
• − Repairs & maintenance: −$930
• − Management: −$930
• − HOA: −$4,032
• − Depreciation: −$1,977
• Taxable loss: −$1,927
• Est. tax savings @ 24.0%: +$462
• After-tax cash flow: $-539/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Richardson ISD
• NCES district ID: 4837020
• Math proficiency: 40% ▼ -14.00%
• Reading proficiency: 44% ▼ -6.00%
• Median HH income: $54,609
• Composite: 36.58/100
• National rank: #4633
• State rank: #316 of 826 in TX

Livability — Dallas

• Score: 81/100
• State rank: #24
• US rank: #1380

Category grades

Amenities A+ Commute A+ Cost of living A- Crime F Employment C+ Housing A+ Health & safety A User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dallas, TX
• County: Dallas County · 2,612,404 people
• City population: 1,168,437
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 38,370
• Household income: $58,540
• Rent vs Own: 81.7% rent · 18.3% own
• Severe rent burden: 3482.0

Population outlook (Dallas County) Hauer SSP2

• Today (2025): 2,979,839 people
• By 2030: 3,191,823 · +7.1%
• By 2040: 3,619,611 · +21.5%
• By 2050: 4,026,915 · +35.1%
• By 2075: 4,957,073 · +66.4%
• By 2100: 5,508,725 · +84.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.74)
• Race & ethnicity: Hispanic / Latino 33% White 29% Black 24% Two or more races 13% Asian 9%
• Hispanic origin (detail): Mexican 26%
• Common ancestry: Slovak 1% Lithuanian 1% Romanian 1%
• Foreign-born: 29% · Canada, Philippines, India
• Languages at home: 57% English-only · Spanish 27% Other Asian/Pacific 4% Other Indo-European 3%

Political lean MEDSL · Dallas

• 2024 margin: Strong D (+22.2) · D 60.2% · R 38.0% · Other 1.8%
• 2008→2024 swing: +6.9pp toward D · 2008: 15.3pp · 2024: 22.2pp
• All cycles: 2024: D+22.2 2020: D+31.6 2016: D+26.2 2012: D+15.4 2008: D+15.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -359.41%
• Current HPI: 249.5841
• Rent YoY: ▲ 1.96%
• Metro: Dallas-Fort Worth-Arlington, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-92.2% since first listed

37 events — show timeline

• 2026-02-21 Listed for Rent $1,050 NTREIS
• 2026-02-20 Listed $67,950 NTREIS
• 2025-09-30 Listing Removed — NTREIS
• 2025-03-25 Price Changed $69,000 NTREIS
• 2025-03-18 Listed $82,000 NTREIS
• 2023-04-21 Sold (Public Records) — Public Records
• 2023-04-21 Sold (MLS) — NTREIS
• 2023-04-14 Pending — NTREIS
• 2023-02-25 Price Changed $69,900 NTREIS
• 2023-02-25 Listed $699,000 NTREIS
• 2023-02-23 Listing Removed — NTREIS
• 2023-02-14 Price Changed $69,900 NTREIS
• 2022-12-29 Relisted — NTREIS
• 2022-11-21 Listed $75,000 NTREIS
• 2019-05-31 Sold (Public Records) — Public Records
• 2019-05-29 Sold (MLS) — NTREIS
• 2019-05-16 Pending — NTREIS
• 2019-05-09 Price Changed $56,000 NTREIS
• 2019-04-18 Price Changed $58,000 NTREIS
• 2019-03-28 Relisted — NTREIS
• 2019-03-20 Contingent — NTREIS
• 2019-03-18 Price Changed $60,000 NTREIS
• 2019-03-14 Price Changed $63,000 NTREIS
• 2019-03-07 Listed $60,000 NTREIS
• 2018-08-06 Sold (Public Records) — Public Records
• 2018-01-11 Sold (Public Records) — Public Records
• 2017-11-21 Sold (Public Records) — Public Records
• 2017-11-17 Sold (MLS) — NTREIS
• 2017-11-13 Pending — NTREIS
• 2017-11-07 Contingent — NTREIS
• 2017-11-01 Listed $49,900 NTREIS
• 2011-01-14 Sold (MLS) — NTREIS
• 2011-01-13 Pending — NTREIS
• 2010-11-29 Price Changed $12,500 NTREIS
• 2010-10-24 Listed $13,500 NTREIS
• 1991-10-15 Sold (Public Records) — Public Records
• 1988-12-21 Sold (Public Records) — Public Records

Property tax history

+6.9%/yr

Latest (2025): $1,538 · +2.4% YoY. Source: county tax records.