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$283,160

NAL Estimated Property Value

14277 Preston Rd # I923, Dallas, TX, 75254

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,217 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$221.77 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Exterior FeaturesBalcony
Lot Size4.67 acres

Building Information

Year Built1982
Stories2
Roof Type105

Land Information

APN00C58750000I00923
Lot Number2
SubdivisionPreston On The Creek Condos
Land UseResidential
Legal DescriptionPRESTON ON THE CREEK CONDOS BLK A/8164 LOT 2 BLDG I UNIT 923 CE 1.14% INT201200099975 DD04052012 CO-DC 8164 00A 00200 3008164
Census Tract013630
Assessed Land Value$57,960
Assessed Improvement Value$225,200
Assessment Year2025

About this property

NEW IMPROVED PRICE! Incredible value for one of the only true waterfront condos in North Dallas! This home is truly move-in ready—all furnishings, refrigerator, washer, dryer, and pantry freezer can stay! The ultimate lock-and-leave setup—perfect for busy professionals, room mates, frequent travelers, families with teenagers needing their own space or anyone looking for a low-maintenance lifestyle without sacrificing space or views. BONUS: This property qualifies for a special Community Development home loan program offering a lower rate, lender credit, or both, see MLS lender info. HUGE VALUE ADD: The HOA practically pays for itself! It covers hot water, exterior insurance, building and foundation maintenance, water, sewer, trash, landscaping, and security. You are only responsible for cheap walls-in insurance! Tucked into the Preston on the Creek community, this home backs to Whiterock Creek Pond. Enjoy your private balcony with water and wildlife views—a hidden nature retreat right in the city. Features TWO primary suites, one upstairs with a lounging area and its own entry, and one downstairs, real hardwood floors, updated kitchen and baths, modern ceiling fans, and smart storage throughout. Double sheetrock ensures excellent soundproofing. Community features a pool, hot tub, walking paths, and pond-side dock. Pet-friendly and quiet! Unbeatable location right on the Dallas and Addison border. You are just minutes away from the vibrant dining and entertainment scene of Addison Circle, with incredibly easy access to the Tollway and 635 for a breezy commute, just 1.25 miles to Bush Turnpike and 20 minutes to DFW Airport. Schedule your showing today!

Investor Tools

Property Icon
$283,160
Estimated Property Value
$41,038Estimated Mortgage Balance
$242,122Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,699 /month
Positive
Cash Flow Estimate:
$566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
$437/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,712
$283,160
2025
$57,960
$225,200
$283,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,712
$283,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Unknown
$75,668
No
First
Apr 30, 2008
May 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,038
$242,122
85%
14%
$454/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$891/mo
+$839/mo
7.3%

Learn About the Market: Opportunity in Dallas

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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 # I923 | Property Details | No Agent List