- Dallas County
- Dallas TX
- 75214
- Local Area: Oaks Of Lakewood Condo
Property Overview
Experience the best of Lakewood living with this rare find—a two-story, first-floor gem that serves as the perfect entry point into one of Dallas’s most vibrant neighborhoods. Nestled in a quiet, dog-friendly community, this two-bedroom, 2.5-bathroom condo is a true blank slate awaiting your vision and is priced specifically to allow for a full custom renovation.
The interior offers an excellent, highly functional layout. The main level features a convenient half-bath for guests and a cozy wood-burning fireplace. Upstairs, you will find both bedrooms, each uniquely designed as a private retreat featuring its own dedicated ensuite bathroom.
The standout feature of this property is its exceptional outdoor space. Step out to a uniquely large, fenced backyard—a massive asset, as only a few units in the community boast a yard of this size. It is absolutely perfect for pets to roam or for hosting weekend gatherings with friends.
The location is the ultimate amenity, placing you just minutes from the scenic hiking trails of White Rock Lake, the Dallas Arboretum, the White Rock YMCA, and the convenient shopping at Arboretum Village. Commuters will love the rapid access to Downtown, Uptown, Lower Greenville, and major highways, ensuring the best of the city is always within reach. Residents also enjoy a sparkling community pool, and most importantly, this home is zoned for highly-coveted Lakewood Elementary.
Please note: The property is being sold completely as-is with the owner making no repairs, providing you the ultimate opportunity to renovate and design to your exact taste.
Featured spaces
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Property highlights
Year Built 1983
School District Dallas Isd
HOA $496 Monthly
Pool Yes
Parking 1-car garage, 1 covered
Acreage Estate 4.49 acres
Fireplace 1 Fireplaces
Neighborhood Oaks Of Lakewood Condo
Full Property Details
Property Details
Quick Details
- Price $240,000
- Status Active
- Bedrooms 2
- Bathrooms 3
- Square Feet 1,087 Sq Ft
- Lot Size 4.49 acres
- Lot Size Sq Ft 195,497
- Year Built 1983
- Price / Sq Ft $221 / Sq Ft
- MLS # 21309829
Overview
- Property Type Residential
- Property Subtype Condominium
- County Dallas
- Subdivision Oaks Of Lakewood Condo
- Days on Market 103
Home Details
- Full Baths 2
- Half Baths 1
- Heating Central
- Cooling Central Air
Kitchen & Interior
- Appliances Dishwasher, Electric Oven, Microwave, Refrigerator
- Interior Features Cable Tv
- Fireplaces 1
- Fireplace Features Wood Burning
Lot & Exterior
- Fencing Wood
- Pool Features Community
Parking
- Parking Additional Parking
- Garage Spaces 1
- Covered Parking 1
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $8,593
- HOA Fee $496 Monthly
- HOA Includes Association Management, Maintenance Grounds, Trash, Water
Utilities
- Utilities Electricity Available, Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Lakewood — Dallas ISD
- Middle Long — Dallas ISD
- High Woodrow Wilson — Dallas ISD
Listing Information
- MLS Board NTREIS
- List Date 06/25/2026
- Source Updated 10/04/2026
- Last Updated 10/12/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 7151 Gaston Avenue #802
Dallas Central Appraisal District records for 7151 Gaston Avenue #802, Dallas, TX 75214 show a CAD market value of $385,890 and a net appraised value of $335,399. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Dallas Central Appraisal District property-tax and appraisal records for 7151 Gaston Avenue #802, Dallas, TX 75214, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Dallas Central Appraisal District Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $149,200 + Improvement Value $236,690 = CAD Market Value $385,890
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
MAIN DWELLING
Value: $236,690 Total Area: 1087 Sqft Living Area: 1087 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED GARAGE | — | 200 Sqft |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
Statutory 10% limitation on annual increase in appraised value for qualifying residence homestead (Texas Tax Code § 23.23). This is an appraisal-stage limitation, not a local taxing jurisdiction exemption.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $385,890 − All Current CAD Reductions -$50,491 = Current Taxed Starting Point $335,399
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
City
DALLAS |
$180,821 | — | — | — | — |
|
School District
DALLAS ISD |
$114,361 (H) | — | — | — | — |
|
County
DALLAS COUNTY |
$218,321 | — | — | — | — |
|
College
DALLAS COLLEGE |
$218,321 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$218,321 | — | — | — | — |
(H) Taxable reduction reflected in school district taxable value.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
6. Estimated Tax Bottom Line
Tax estimates are currently unavailable or not certified as a single unified scalar for this record. Tax rates and taxable values vary by taxing jurisdiction.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2020 | $68,860 | $170,280 | $239,140 | — | — |
| 2021 | $68,860 | $170,280 | $239,140 | — | — |
| 2022 | $68,860 | $208,330 | $277,190 | — | +$38,050 / +15.91% |
| 2023 | $68,860 | $208,330 | $277,190 | — | — |
| 2024 | $103,290 | $233,680 | $336,970 | $304,909 | +$59,780 / +21.57% |
| 2025 | $149,200 | $236,690 | $385,890 | $335,399 | +$48,920 / +14.52% |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $240,000 − Current CAD Market Value $385,890 = Under CAD Value -$145,890 (-37.8%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND OAKS OF LAKEWOOD CONDO
A curated look at local favorites, everyday stops, and lifestyle context near this property.