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$1,263,520

NAL Estimated Property Value

12209 Prestonridge Rd, Dallas, TX, 75230

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,935 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$354.51 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Double Oven
FlooringTile, Wood

Exterior

Lot Size16,117 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000734296000000
Lot Number4
SubdivisionShiremont No 2
Land UseResidential
Legal DescriptionSHIREMONT NO 2 BLK 17A/7460 LT 4 INT202500102618 DD05162025 CO-DC 7460 17A 00400 1007460 17A
Census Tract013201
Assessed Land Value$800,000
Assessed Improvement Value$463,520
Assessment Year2025

About this property

Charming home in a highly desirable neighborhood with beautiful mature trees along the perimeter. The property has recently been updated, including all bathrooms, and still offers a great opportunity for further improvements. Enjoy an amazing bar, perfect for entertaining, and a large backyard with plenty of space to relax or play. Located within walking distance to the Cooper Fitness Center, Alcuin School, Dallas International School, and several churches and synagogues, this home is situated in a fantastic location with plenty of potential!

Investor Tools

Property Icon
$1,263,520
Estimated Property Value
$493,430Estimated Mortgage Balance
$770,090Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,370 /month
Positive
Cash Flow Estimate:
$2,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,003
$1,263,520
2025
$800,000
$463,520
$1,263,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,003
$1,263,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$500,000
No
First
Aug 22, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$493,430
$770,090
60%
39%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,998/mo
$-1,026/mo
1.9%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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