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Owner Contacts

$281,180

14277 Preston Road 924, Dallas, TX, 75254

Off Market

2 Beds

2 Bath

1,299 Sq Ft

Condos / Townhouses

$223.25 / sqft

Built in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Range, Microwave, Plumbed For Ice Maker

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size4.67 acres

Building Information

Year Built1982

Stories2

Roof Type105

Land Information

APN00C58750000I00924

Lot Number2

SubdivisionPreston On The Creek Condos

Land UseResidential

Legal DescriptionPRESTON ON THE CREEK CONDOS BLK A/8164 LT 2 BLDG I UNIT 924 CE 1.22% INT202200129360 DD05062022 CO-DC 8164 00A 00200 3008164

Census Tract013630

Assessed Land Value$62,030

Assessed Improvement Value$219,150

Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED... Offer deadline of 8:00 pm Wednesday, April 13th! Light, bright and open 2 bed, 2 bath condo in premium location with direct view of community pond with dock and fountain. Spacious floor plan boasts tons of natural light with updated energy efficient patio doors and windows, huge upper level master suite with vaulted ceilings, walk-in closet and updated master bath, wood burning fireplace, laminate wood flooring, granite counters, kitchen open to family room, guest bath with two sinks and spa-like Kohler massage tub, blown-in insulation in attic (2017),Mitsubishi Mini Split HVAC in upper level (2020). Fantastic view from balcony of private pond. Located in prime North Dallas location plus includes one covered parking space.

Investor Tools

$281,180

Estimated Property Value

$0Estimated Mortgage Balance

$28,062Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,740 /month

Positive

Cash Flow Estimate:

$580 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$427/month

$469/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,723

$281,180

2025

$62,030

$219,150

$281,180

Tax History

Year

Tax Paid

Assessed Value

2024

$3,723

$281,180

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Academy Mortgage Corp

Conventional

$273,600

First

May 6, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$253,118

$28,062

90%

$1,641/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,730/mo

$2,110/mo

$-380/mo

7.4%

Learn About the Market: Opportunity in Dallas

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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.

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