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Owner Contacts

$472,400

NAL Estimated Property Value

15615 Preston Road 1002, Dallas, TX, 75248

Off Market

2 Beds

2 Bath

1,675 Sq Ft

Condos / Townhouses

$131.34 / sqft

Built in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave

FlooringCarpet, Wood

Exterior

Lot Size6.09 acres

Building Information

Year Built1974

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000799909590000

SubdivisionPreston Del Norte Villas Condos

Land UseResidential

Legal DescriptionPRESTON DEL NORTE VILLAS CONDOS BLK D/8221 ACS 6.086 BLDG B UNIT 1009 CE% 2.81157 INT202000145031 DD06042020 CO-DC 8221 00D

Census Tract013621

Assessed Land Value$111,820

Assessed Improvement Value$360,580

Assessment Year2025

About this property

PRICED TO SELL. Gated beautiful 2 story condo. Large master upstairs with a bonus extra 100SF den and another one bedroom down. Modern black & white kitchen, tons of storage area, dining room open to vault ceiling living room area, large windows for natural light. HOA offers security gate, swimming pool and club house. Only 39 homes in this boutique Condo community on the edge of Addison. Shopping, restaurants and entertainment are around. Close to HWY 190, Dallas North Tollway and 635. Sale AS-IS

Investor Tools

$472,400

Estimated Property Value

$264,828Estimated Mortgage Balance

$207,572Estimated Equity

43% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,834 /month

Positive

Cash Flow Estimate:

$945 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$747/month

$525/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,605

$472,400

2025

$111,820

$360,580

$472,400

Tax History

Year

Tax Paid

Assessed Value

2024

$6,605

$472,400

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$299,308

First

Jun 4, 2020

Jul 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$264,828

$207,572

43%

56%

$1,795/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,280/mo

$2,320/mo

$-40/mo

5.8%

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