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$257,000

NAL Estimated Property Value

14333 Preston Rd Apt 1302, Dallas, TX, 75254

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths935 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$202.67 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10.06 acres

Building Information

Year Built1982
Stories2
Roof Type105

Land Information

APN00C58780000M01302
SubdivisionPreston On The Lake Condo
Land UseResidential
Legal DescriptionPRESTON ON THE LAKE CONDO BLK A/8164 LT 1A ACS 10.0577 BLDG M UNIT 1302 CE .5878% INT202100065442 DD03042021 CO-DC 8164 00A
Census Tract013630
Assessment Year2025

About this property

Fully Renovated to the studs! You will NOT find another property like this. Everything in this two-story townhome is new as of 2019 & 2020, even the drywall, electrical, HVAC and plumbing. The home features matching stainless steel appliances, quartz counters, ample closet space, an oversized bedroom with office area, two porches, a downstairs half bath, built in dry bar with shelving, and higher-end finishes throughout. The quality and craftsmanship of the rehab are impeccable. The unit has an assigned, covered parking spot just outside the door with additional storage. The complex features a jogging trail, beautiful grounds, and two pools, the larger of the two very close to the unit. Move quickly!

Investor Tools

Property Icon
$257,000
Estimated Property Value
$146,903Estimated Mortgage Balance
$110,097Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
$230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,639
$192,640
2025
N/A
N/A
$192,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,639
$192,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$163,053
No
First
Mar 4, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,903
$110,097
42%
57%
$978/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,208/mo
+$262/mo
6.9%

City: Dallas

14333 Preston Rd Apt 1302 | Property Details | No Agent List