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Owner Contacts

$300,000

15615 Preston Road 1018, Dallas, TX, 75248

$390,000 ARV

Off Market

3 Beds

3 Bath

2,814 Sq Ft

Condos / Townhouses

$106.61 / sqft

Built in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Range, Plumbed For Ice Maker

FlooringCarpet

Exterior

Lot Size6.09 acres

Building Information

Year Built1974

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000799909680000

SubdivisionPreston Del Norte Villas Condos

Land UseResidential

Legal DescriptionPRESTON DEL NORTE VILLAS CONDOS BLK D/8221 ACS 6.086 BLDG E UNIT 1018 CE% 3.34960 INT202200024633 DD01252022 CO-DC 8221 00D

Census Tract013621

Assessed Land Value$133,220

Assessed Improvement Value$190,390

Assessment Year2025

About this property

Fantastic 3 bedroom with over 2800 square feet. Tall ceilings, tons of natural light, outdoor patio space, 2 car attached garage, newer customs sliding doors. Very private and great location. Easy access to 635 Tollway

Investor Tools

$323,610

Estimated Property Value

$0Estimated Mortgage Balance

$103,981Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$390,000

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,942 /month

Positive

Cash Flow Estimate:

$647 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$738/month

$875/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,233

$323,610

2025

$133,220

$190,390

$323,610

No

Tax History

Year

Tax Paid

Assessed Value

2024

$7,233

$323,610

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$238,274

No

First

Mar 21, 2022

Apr 2037

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$219,629

$103,981

32%

68%

$1,429/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,280/mo

$2,304/mo

$-24/mo

8.5%

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