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Owner Contacts

$204,420

NAL Estimated Property Value

12721 Preston Rd, Dallas, TX, 75230

$265,746 ARV

Off Market

2 Beds

4 Bath

1,600 Sq Ft

Condos / Townhouses

$1.44 / sqft

Built in 1970

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Ice Maker, Refrigerator, Washer

FlooringCeramic Tile, Stone, Vinyl

Exterior

Lot Size3,080 sqft

Building Information

Year Built1970

Stories2

Roof Type105

Land Information

APN00000662159710000

Lot Number71

SubdivisionPreston Place Townhomes

Land UseResidential

Legal DescriptionPRESTON PLACE TOWNHOMES BLK 1/6997 LT 71 INT201200034280 DD12292011 CO-DC 6997 001 07100 1DA6997 001

Census Tract009604

Assessed Land Value$63,750

Assessed Improvement Value$140,670

Assessment Year2025

About this property

RECENT RENOVATIONS INCLUDE REMOVAL OF ALL CARPETING AND WOOD styled VINYL FLOORING IN BEDROOMS! Great location close to LBJ! Unusual large lot with vegetable garden and plenty of room for kids to play. Updated. Large second living area downstairs can also be home office or second master down. Updates include granite counters in open eat-in kitchen.washer dryer and refrig included. Front gated patio. New windows. Downstairs has shower and large second living area has served as downstairs primary bedroom #3. Can be three bedroom with over 1650 sq.ft (to be verified) plus oversized backyard. Owner is licensed Texas Realtor. A GEM! WTHIN THE ERUV. park in covered carport off alley at backyard entry.

Investor Tools

$204,420

Estimated Property Value

$54,677Estimated Mortgage Balance

$149,743Estimated Equity

73% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$265,746

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,227 /month

Positive

Cash Flow Estimate:

$409 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$400/month

$56/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,775

$204,420

2025

$63,750

$140,670

$204,420

Tax History

Year

Tax Paid

Assessed Value

2024

$3,775

$204,420

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primelending

Conventional

$82,400

First

Dec 25, 2011

Jan 2042

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$54,677

$149,743

73%

27%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$56/mo

+$1,916/mo

11.6%

Learn About the Market: Opportunity in Dallas

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