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$207,000

NAL Estimated Property Value

14333 Preston Rd # V-2205, Dallas, TX, 75254

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths2 Bath
Baths896 Sq Ft
price_per_sqft$1.67 / sqft
Year BuiltBuilt in 1982

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony
Lot Size10.06 acres

Building Information

Year Built1982
Stories2
Roof Type105

Land Information

APN00C58780000V02205
Lot Number1A
SubdivisionPreston On The Lake Condo
Land UseResidential
Legal DescriptionPRESTON ON THE LAKE CONDO BLK A/8164 LT 1A ACS 10.0577 BLDG V UNIT 2205 CE .5878% INT201900340388 DD12162019 CO-DC 8164 00A
Census Tract013630
Assessed Land Value$64,400
Assessed Improvement Value$141,680
Assessment Year2025

About this property

Welcome home! This adorable condo is conveniently located in the North Dallas area. Turn key, easy living! This one bedroom, loft style home is move in ready. The unit comes with stackable washer, dryer and refrigerator for your convenience. Main floor offers a generous sized living space, dining area, as well as a wood burning fireplace and a fenced in covered patio. The second story loft is massive! This space is large enough to accommodate generous sized furniture and still has room for an office, sitting or flex space adjacent to the second covered patio. Energy efficient updates include new HVAC and new water heater. Tenant is only responsible for electricity! Water, sewer and trash are covered in the rental rate. The unit comes with a dedicated, covered parking space close by with guests being able to use any of the open parking. Preston on the Lake offers plenty of amenities including two pools, pet stations and various community activities.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
$305/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,259
$206,080
2025
$64,400
$141,680
$206,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,259
$206,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$121,600
No
First
Dec 16, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,249
$100,751
48%
51%
$730/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,035/mo
+$435/mo
8.5%

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 # V-2205 | Property Details | No Agent List