Street View

NoAgentList RatingHow are grades calculated?

2view

Owner Contacts

$249,000

15615 Preston Road 1008, Dallas, TX, 75248

$304,992 ARV

Off Market

2 Beds

3 Bath

1,902 Sq Ft

Condos / Townhouses

$130.91 / sqft

Built in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Cooktop, Electric Oven, Double Oven, Refrigerator

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size6.09 acres

Building Information

Year Built1974

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000799909580000

SubdivisionPreston Del Norte Villas Condos

Land UseResidential

Legal DescriptionPRESTON DEL NORTE VILLAS CONDOS BLK D/8221 ACS 6.086 BLDG B UNIT 1008 CE% 2.26401 INT202400136593 DD06282024 CO-DC 8221 00D

Census Tract013621

Assessed Land Value$90,030

Assessed Improvement Value$233,310

Assessment Year2025

About this property

You’ll fall in love with this well maintained 2 story condo! Enter the private 2 car garage with storage and walk through the front courtyard listening to the soothing water feature. Downstairs is where you will find the dining room with views to your front courtyard. The wood burning fireplace in the living room is flanked by windows with views to your private 756 sq ft rear landscaped courtyard. Upstairs is where you will find the split bedrooms and bathrooms with the spacious master suite’s vaulted ceilings and a built-in wine refrigerator. Preston 39 Villas is a gated community with beautiful mature trees, a club house and community pool centrally located in far north Dallas.

Investor Tools

$323,340

Estimated Property Value

$0Estimated Mortgage Balance

$0Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$304,992

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,940 /month

Positive

Cash Flow Estimate:

$647 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$299/month

$552/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,967

$323,340

2025

$90,030

$233,310

$323,340

Tax History

Year

Tax Paid

Assessed Value

2024

$1,967

$323,340

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Frost Bank

Credit Line (Revolving) / Heloc

$187,315

First

Mar 6, 2024

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$409,566

N/A

127%

$2,530/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,810/mo

$3,082/mo

$-1,272/mo

6.7%

Learn About the Market: Opportunity in Dallas

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 This Area