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$463,000

12583 Montego Plz, Dallas, TX, 75230

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,144 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$215.95 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00699400011330000
Lot Number133
SubdivisionPreston Square Town Homes
Land UseResidential
Legal DescriptionPRESTON SQUARE TOWN HOMES BLK 1/6994 LOT 133 INT202500129738 DD06202025 CO-DC 6994 001 13300 3DA6994 001
Census Tract009604
Assessed Land Value$95,000
Assessed Improvement Value$393,380
Assessment Year2025

About this property

FANTASTIC NEW UPGRADES on this beautifully secluded townhome in highly desirable Preston Square. NEW Roof in Oct 2024! Light & bright living room with updated whitewashed brick fireplace, soaring vaulted ceilings, double French doors to secluded brick-fenced courtyard. Warm wood style luxury vinyl plank floors flowing throughout all rooms giving a modern continuity to the home. Elegant crown molding and crisp neutral paint tones allow for your own decor in any color palette. Dramatic dining room with modern lighting, wet bar and modern iron staircase balusters. Gorgeous kitchen with abundant shaker style cabinets, natural solid surface countertops & backsplash, under cabinet lighting, large wall oven & pantry. Natural light flows through kitchen skylight and wall of windows in the breakfast room. Downstairs 3rd bedroom with large walk-in closet and full adjoining bathroom makes an excellent guest suite or home office. Massive Primary Suite features 2 walk-in cedar closets, excellent wall space for furniture placement and beautiful flow-through light from the north and west windows. Primary bath with updated shower includes frameless shower door & fresh tile as well as expansive countertop space and a luxurious spa style bathtub. Second upstairs bedroom offers a full private ensuite bathroom. Relaxing courtyard offers a peaceful retreat for morning coffee, an afternoon read or evening of grilling with friends and is perfectly situated on the east side of the lot offering an enjoyable low traffic noise environment. Quietly situated on interior cul-de-sac lot with dedicated extra parking spaces. Come enjoy treehouse type views from every room in this beautiful little slice of heaven conveniently located near everything...easy access to downtown Dallas cultural districts, great Addison dining and quick trips in & out of DFW or Love Field!

Investor Tools

Property Icon
$488,380
Estimated Property Value
$366,400Estimated Mortgage Balance
$127,884Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,930 /month
Positive
Cash Flow Estimate:
$977 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$811/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,294
$488,380
2025
$95,000
$393,380
$488,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,294
$488,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
West Capital Lending Inc
Conventional
$366,400
No
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,496
$127,884
26%
74%
$2,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,457/mo
$-485/mo
4.8%

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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12583 Montego Plz | Property Details | No Agent List