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$275,000

NAL Estimated Property Value

14333 Preston Rd # L-1202, Dallas, TX, 75254

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,221 Sq Ft
price_per_sqft$233.42 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters, Lighting, Storage
Lot Size10.06 acres

Building Information

Year Built1982
Stories2
Roof Type105

Land Information

APN00C58780000L01202
Lot Number1A
SubdivisionPreston On The Lake Condo
Land UseResidential
Legal DescriptionPRESTON ON THE LAKE CONDO BLK A/8164 LT 1A ACS 10.0577 BLDG L UNIT 1202 CE 0.8010% INT202400223273 DD11012024 CO-DC 8164 00A
Census Tract013630
Assessed Land Value$87,730
Assessed Improvement Value$187,000
Assessment Year2025

About this property

Check out this spectacular 2 bedroom 2.5 bath condo in a prime location in North Dallas! Step inside to a spacious living area with a fireplace and windows offering gorgeous views of the lake and abundant natural light. The living area flows into the dining area and open concept, updated kitchen boasting granite countertops and stainless steel appliances. A convenient half bath and under stair storage area complete the well appointed first level. Upstairs the primary bedroom is a true sanctuary with a sitting area, balcony overlooking the lake, an ensuite bath with double vanities and a walk-in closet. The second bedroom offers a large closet and bath as well. In this private, gated, peaceful community, you will feel insulated from the hustle and bustle but also enjoy the convenience of being nearby major roadways and a myriad of shopping and dining opportunities. Community amenities include 2 pools, walking paths, and club house. Schedule your tour today before it is too late!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$208,047Estimated Mortgage Balance
$66,953Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,731
$274,730
2025
$87,730
$187,000
$274,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,731
$274,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$213,750
No
First
Nov 1, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,047
$66,953
24%
76%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$1,702/mo
+$28/mo
7.5%

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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14333 Preston Rd # L-1202 | Property Details | No Agent List