B+

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Owner Contacts

$246,200

NAL Estimated Property Value

14277 Preston Road 523, Dallas, TX, 75254

Off Market

2 Beds

2 Bath

1,015 Sq Ft

Condos / Townhouses

$172.41 / sqft

Built in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Washer

FlooringCeramic Tile

Exterior

Exterior FeaturesBalcony, Rain Gutters

Lot Size4.67 acres

Building Information

Year Built1982

Stories1

Roof Type105

Land Information

APN00C58750000E00523

Lot Number2

SubdivisionPreston On The Creek Condos

Land UseResidential

Legal DescriptionPRESTON ON THE CREEK CONDOS BLK A/8164 LT 2 BLDG E UNIT 523 CE .95% INT202100257273 DD08262021 CO-DC 8164 00A 002 3008164 00A

Census Tract013630

Assessed Land Value$48,300

Assessed Improvement Value$197,900

Assessment Year2025

About this property

Stunning second floor condo in Preston on the Creek! Spacious family room with doors to the covered balcony that overlooks the green space. Chef's kitchen with corian counters, tile floors, electric range, built-in microwave and refrigerator. Huge master suite with two closets and spacious bath. Roomy guest suite with treed views. Granite counters in both bathrooms! Community pond, pool and club house. Easy access to Spring Valley Trail bike trail which connects all the way to White Rock Lake. HVAC replaced in 2019!! Great location near restaurants, shopping and more!

Investor Tools

$246,200

Estimated Property Value

$154,425Estimated Mortgage Balance

$91,775Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,477 /month

Positive

Cash Flow Estimate:

$492 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$500/month

$336/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,764

$246,200

2025

$48,300

$197,900

$246,200

Tax History

Year

Tax Paid

Assessed Value

2024

$4,764

$246,200

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$169,750

First

Aug 26, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$154,425

$91,775

37%

63%

$1,018/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,730/mo

$1,354/mo

+$376/mo

8.4%

Learn About the Market: Opportunity in Dallas

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