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$175,000

14277 Preston Rd Apt 423, Dallas, TX, 75254

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths733 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$238.74 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony, Storage
Lot Size4.67 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN00C58750000D00423
Land UseResidential
Legal DescriptionPRESTON ON THE CREEK CONDOS BLK A/8164 LT 2 BLDG D UNIT 423 CE .69% INT202000058874 DD12312019 CO-DC 8164 00A 002 3008164 00A
Census Tract013630
Assessment Year2025

About this property

Nestled in a prime North Dallas location just minutes from Addison, the Galleria, and top-tier dining and entertainment, this charming second-story flat offers comfort, convenience, and a serene natural setting. Enjoy treehouse-style views of the pool and spa from your private balcony, which also includes a handy storage closet. The spacious living area is filled with natural light and flows seamlessly into the dining area and kitchen—complete with refrigerator and an attached laundry room with a full-size washer and dryer. The generous primary suite features dual closets and ensuite bath. Community amenities include a sparkling pool and spa, lounge area, and a scenic private pond with a park, fountain, and benches—ideal for peaceful strolls or relaxing afternoons. Assigned covered parking, low HOA dues, and quick access to DNT and 635 make this a commuter’s dream. Enjoy nearby parks, trails, shopping, and everything North Dallas living has to offer!

Investor Tools

$50,108Estimated Mortgage Balance
$122,892Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

Interested in this property?

Laura Barnett

RE/MAX DFW Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,531
$163,660
2025
N/A
N/A
$163,660
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,531
$163,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Unknown
$66,392
No
First
May 26, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$50,108
$122,892
71%
29%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$265/mo
+$1,205/mo
10.2%

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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14277 Preston Rd Apt 423 | Property Details | No Agent List