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$236,440

NAL Estimated Property Value

14333 Preston Rd # Y-2506, Dallas, TX, 75254

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,028 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$184.82 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringTile, Vinyl

Exterior

Lot Size10.06 acres

Building Information

Year Built1982
Stories2
Roof Type105

Land Information

APN00C58780000Y02506
Lot Number1A
SubdivisionPreston On The Lake Condo
Land UseResidential
Legal DescriptionPRESTON ON THE LAKE CONDO BLK A/8164 LT 1A ACS 10.0577 BLDG Y UNIT 2506 CE .6744% INT202200188681 DD07062022 CO-DC 8164 00A
Census Tract013630
Assessed Land Value$73,820
Assessed Improvement Value$162,620
Assessment Year2025

About this property

This is newly remodeled 1 bedroom, 1.5 bath condo is all about the location and low-maintenance lifestyle! Nestled in a gated community, offering wonderful community amenities that include a clubhouse, pool, and lake area to enjoy evening strolls with the fur babies. Once inside, you will find a bright and open living area with high ceilings, wall of windows, cozy wood burning fireplace, and on-trend flooring that will accent any décor! There are two dining areas and a beautifully updated kitchen equipped with stainless steel appliances, sleek granite countertops, and crisp white shaker-style cabinetry. The upstairs primary suite ensures privacy, while the open loft area provides the perfect space for a game room, home office, or tailor to your needs. Assigned covered parking space. Quick access major highways, UTD, and a multitude of nearby restaurants, shopping, and trendy hot spots!

Investor Tools

Property Icon
$236,440
Estimated Property Value
$154,577Estimated Mortgage Balance
$81,863Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,419 /month
Positive
Cash Flow Estimate:
$473 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
$351/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,825
$236,440
2025
$73,820
$162,620
$236,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,825
$236,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Knock Lending Llc
Conventional
$166,480
No
First
Jul 6, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,577
$81,863
34%
65%
$999/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,350/mo
+$120/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 # Y-2506 | Property Details | No Agent List