- Dallas County
- Dallas TX
- 75231
- Local Area: Oaks On The Bend Condos Ph 01-04
Property Overview
Welcome home First Floor low-maintenance living in the heart of Lake Highlands! Nestled within the established Oaks on the Bend community, this inviting 1-bedroom, 1-bath ground-floor condominium offers comfort, functionality, and an unbeatable location. The open living and dining layout makes daily living and entertaining effortless, anchored by plenty of natural light and an efficient kitchen. The comfortable primary bedroom features convenient access to a full bath and dedicated in-unit utility hookups.
Enjoy community amenities including a sparkling swimming pool, maintained common grounds, and assigned parking. Situated in the acclaimed Richardson ISD, you are just minutes away from White Rock Lake, Lake Highlands Town Center, dining, shopping, and easy access to I-635 and US-75 for a quick commute across Dallas. Perfect for first-time buyers, downsizers, or turn-key investors!
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Property highlights
Year Built 1982
School District Richardson Isd
HOA $420 Monthly
Pool Pool
Parking 1 covered spaces
Acreage Estate 6.33 acres
Fireplace 1 Fireplaces
Neighborhood Oaks On The Bend Condos Ph 01-04
Full Property Details
Property Details
Quick Details
- Price $118,900
- Status Active
- Bedrooms 1
- Bathrooms 1
- Square Feet 636 Sq Ft
- Lot Size 6.33 acres
- Lot Size Sq Ft 275,865
- Year Built 1982
- Price / Sq Ft $187 / Sq Ft
- MLS # 21379003
Overview
- Property Type Residential
- Property Subtype Condominium
- Property Condition Resale
- County Dallas
- Subdivision Oaks On The Bend Condos Ph 01-04
- Days on Market 41
Home Details
- Stories 1
- Levels One
- Full Baths 1
- Half Baths 0
- Construction Brick
- Foundation Slab
- Roof Composition, Shingle
- Flooring Carpet
- Heating Central
- Cooling Central Air
- Property Attached Yes
Kitchen & Interior
- Appliances Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
- Interior Features Built In Features, Other
- Fireplaces 1
- Fireplace Features Living Room, Wood Burning
- Security Features Carbon Monoxide Detectors, Fire Alarm, Smoke Detectors
Lot & Exterior
- Pool Yes
- Pool Features Pool, Community
Parking
- Parking Covered
- Covered Parking 1
- Attached Garage No
Taxes & HOA
- Annual Taxes $3,130
- HOA Fee $420 Monthly
- HOA Includes Association Management, Maintenance Grounds, Maintenance Structure
- Community Features Pool
- Parcel Number 00C52050000E00505
- Legal Description OAKS ON THE BEND CONDOS PH 1-4 BLK 5/8125 LOT
- Tax Block 58125
- Tax Lot 1B
Utilities
- Utilities Other, Water Available
- Water Public
Schools
- School District Richardson ISD
- Elementary White Rock — Richardson ISD
- Middle Lake Highlands — Richardson ISD
- High Lake Highlands — Richardson ISD
Listing Information
- Listing Agent Stephanie Methavichit
- Brokerage Avignon Realty
- MLS Board NTREIS
- List Date 09/10/2026
- Source Updated 10/02/2026
- Last Updated 10/29/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 7340 Skillman Street #505
Dallas Central Appraisal District records for 7340 Skillman Street #505, Dallas, TX 75231 show a CAD market value of $133,880 and a net appraised value of $133,880. 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 7340 Skillman Street #505, Dallas, TX 75231, 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 $30,180 + Improvement Value $103,700 = CAD Market Value $133,880
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: $103,700 Total Area: 636 Sqft Living Area: 636 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. Reduces Richardson ISD taxable value by $133,880 (from $133,880 net appraised value to $0 school taxable value). Current owner’s exemption, not guaranteed to transfer to buyer.
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 $133,880 − All Current CAD Reductions $0 = Current Taxed Starting Point $133,880
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
Taxable-value reduction for applicable school district (Richardson ISD); current owner’s exemption, not guaranteed to transfer to buyer. Additional local taxing units on this record also show taxable-value reductions: Dallas (-$26,776), Dallas County (-$26,776), Dallas College (-$26,776), Parkland Hospital (-$26,776).
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 |
$107,104 | 0.6988 | $936 | -$187 | $748 |
|
School District
RICHARDSON ISD |
$0 (H) | 1.1052 | $1,480 | -$1,480 | $0 |
|
County
DALLAS COUNTY |
$107,104 | 0.2155 | $289 | -$58 | $231 |
|
College
DALLAS COLLEGE |
$107,104 | 0.1066 | $143 | -$29 | $114 |
|
Hospital District
PARKLAND HOSPITAL |
$107,104 | 0.2120 | $284 | -$57 | $227 |
(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
Est. Taxes (No Exemptions) $3,130 − Est. Tax Reductions / Savings $1,810 = Est. Taxes (With Current Exemptions) $1,320
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $1,810. Estimated taxes without exemptions are calculated by applying each jurisdiction's tax rate to its pre-exemption taxable value. Exemption savings represent the difference between this unexempted estimate and the county's current tax estimate. Taxable values and tax rates vary by jurisdiction. Future taxes depend on buyer qualification and future adopted rates.
The current tax estimate reflects a homestead exemption on the property's present CAD record. That exemption does not automatically transfer to a new owner; a buyer must qualify for their own exemptions. For comparison, the current estimate is $1,320 with the exemptions shown today and $3,130 without exemptions. Actual future taxes will depend on buyer eligibility, future appraised values, and adopted tax rates.
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 |
|---|---|---|---|---|---|
| 2021 | $22,630 | $95,030 | $117,660 | — | — |
| 2022 | $22,630 | $91,850 | $114,480 | — | -$3,180 / -2.70% |
| 2023 | $22,630 | $91,850 | $114,480 | — | — |
| 2024 | $30,180 | $103,700 | $133,880 | $125,928 | +$19,400 / +16.95% |
| 2025 | $30,180 | $103,700 | $133,880 | — | — |
| 2026 | $30,180 | $103,700 | $133,880 | — | — |
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 $118,900 − Current CAD Market Value $133,880 = Under CAD Value -$14,980 (-11.2%)
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 ON THE BEND CONDOS PH 01-04
A curated look at local favorites, everyday stops, and lifestyle context near this property.