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$99,500
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Property Description
*TURN-KEY INVESTMENT** Opportunity to acquire 1-3 highly performing, newly updated properties in the growing Midtown Improvement District of Dallas. With current, performing leases in place and capital improvements already completed, this property is an ideal addition to an existing rental portfolio or for someone seeking to establish one. Unit is operating at an 8.5% CAP Rate with low HOA dues and tenants responsible for their own utilities. Properties are located in an ideal location providing access to multiple highways, Dart Rail, shopping, restaurants and major healthcare facilities. The value add opportunity for this unit would be in the substantial investment from the City of Dallas through MID, with numerous planned improvements for the upcoming year that have already been approved and made public. Investments have already been made in two new schools (4 total), Vickery Park branch of the Dallas Public Library, parks, and the SOPAC trail which connects residents to Flag Pole Hill, White Rock Lake and Katy Trail. This benefit has already been realized in property values and rent rates over the last couple of years and with planned updates to the complex, as well, it should only continue to improve. Additional information can be found on the Midtown Improvement Districts website. This property can be purchased independently or as part of a three-unit package, with MLS# 20990534 and one additional unit that will is off market, but is available as part of a package deal.
Full Property Details
Full Property Details for 7152 Fair Oaks Ave #1029
General
- Price: $99,500
- HOA FEE: $125/month
- Taxes: $1,723
- Status: Active
- Type: Condo
- Source: NTREIS
- MLS ID: 20990566
- Updated: 8/15/2025
- Added to Site: 156 day(s) ago
Interior
- Interior Features: Loft, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood Burning
- Appliances: Electric Oven, Electric Range, Disposal, Refrigerator
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Security/Safety: Gated Community, Smoke Detector(s)
Parking
- Parking Features: Common, On Site, Permit Required, Parking Lot
Location
- County: Dallas
- Subdivision: Lakeview Lofts Condos
- Driving Directions: Use GPS Enter complex, first right, right after the mailboxes, first left and follow all the way around to the back. Unit is at the back of the property by the closed security gate.
School Information
- Elem School District: Dallas ISD
- Midd School District: Dallas ISD
- High School District: Dallas ISD
- Elementary School: Jack Lowe Sr
- Middle School: Sam Tasby
- High School: Conrad
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Lofts Homeowners Association
- Assoc. Fees Include: All Facilities, Association Management, Insurance, Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Water Available
Structural Information
- Architectural Style: Traditional
- Detached/Attached: Attached
- Construction: Stucco
- Roof: Shingle
- Stories/Levels: 2
- Living Area: 514 Sq. Ft.
- Year Built: 1975
Lot Features
- Lot Size (Acres): 0.0002
- Lot Size (Sq. Ft.): 8.74
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $125
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,723
Disclosures and Reports
- Legal Description: LOFTS CONDOS BLK 4/5195 LTS 1-9 ACS 8.7397 BL
- Property ID: 366787420000
- Block: 45195
- Lot Number: 1
Listed by eXp Realty LLC, Ronald Adam
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Price & Sales History for 7152 Fair Oaks Ave #1029
Date
Details
Price
Change
Source
8/15/2025
Listed
$99,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7152 Fair Oaks Ave #1029
Year
Property Taxes
Change
Tax Assessment
Change
2024
-100%
$46,980
67%
2023
$288
-12%
$28,080
—
2022
$326
-4%
$28,080
—
2021
$340
2%
$28,080
—
2020
$334
-52%
$28,080
14%
2018
$699
4%
$24,570
—
2019
$672
76%
$24,570
75%
2017
$382
34%
$14,040
33%
2016
$286
-1%
$10,530
—
2015
$289
7%
$10,530
7%
2014
$269
—
$9,830
—
2013
$268
—
$9,830
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7152 Fair Oaks Ave #1029
7152 Fair Oaks Avenue #1029, Dallas, TX 75231 (MLS# 20990566) is a Condo property with 1 bedroom and 1 full bathroom. 7152 Fair Oaks Avenue #1029 is currently listed for $99,500 and was received on August 15, 2025. Want to learn more about 7152 Fair Oaks Avenue #1029? Do you have questions about finding other Condo real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

