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$275,000

NAL Estimated Property Value

14333 Preston Rd # W-2303, Dallas, TX, 75254

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,221 Sq Ft
price_per_sqft$237.51 / 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, Dryer, Electric Range, Microwave, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size10.06 acres

Building Information

Year Built1982
Stories2
Roof Type105

Land Information

APN00C58780000W02303
Lot Number1A
SubdivisionPreston On The Lake Condo
Land UseResidential
Legal DescriptionPRESTON ON THE LAKE CONDO BLK A/8164 LT 1A ACS 10.0577 BLDG W UNIT 2303 CE .8010% INT202400191754 DD09202024 CO-DC 8164 00A
Census Tract013630
Assessed Land Value$87,730
Assessed Improvement Value$187,000
Assessment Year2025

About this property

Terrific Two Bedroom Condo tucked away in the Private & Gated Preston on the Lakes Community! Great location incredibly convenient to 635, Tollway, upscale shopping and dining. Comes with one dedicated parking spot directly outside the fenced in back patio - allowing quick & easy access to the home in addition to ample guest parking. Updates include flooring, granite counters, faucets, fixtures and more! Downstairs you'll find the spacious living with wood burning fireplace, half bath, utility (washer & dryer remain with the property) and the beautiful kitchen with a breakfast bar, pantry and access to the enclosed back patio with a storage closet. Both upstairs bedrooms have their own private bathrooms and the primary includes its own balcony, fireplace and built-ins for a cozy reading area. Tons of community amenities including 2 pools, clubhouse, lake with a fountain & pier, & walking and jogging trails!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$267,305Estimated Mortgage Balance
$7,695Estimated Equity
2% 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
$551/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,240
$274,730
2025
$87,730
$187,000
$274,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,240
$274,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$275,500
No
First
Sep 20, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,305
$7,695
2%
97%
$1,652/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$2,072/mo
$-342/mo
7.5%

Learn About the Market: Opportunity in Dallas

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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 # W-2303 | Property Details | No Agent List