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$1,650,000

4240 Prescott Ave Apt 8b, Dallas, TX, 75219

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths2,293 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$719.58 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size28,662 sqft

Building Information

Year Built2004
Stories1
Roof Type110
Garage Spaces2

Land Information

APN00C1488000000008B
Lot Number12B
SubdivisionDrexel Highlander Condominiums
Land UseResidential
Legal DescriptionPARK HIGHLANDER CONDOS BLK 13/2028 LT 12B ACS 0.658 UNIT 8B CE%1.98 INT201600315303 DD11032016 CO-DC 2028 013 12B00 1DA2028
Census Tract000607
Assessed Land Value$48,240
Assessed Improvement Value$1,063,870
Assessment Year2025

About this property

This enviable residence offers breathtaking Highland Park tree-top views from a private and intimate mid-rise in the highly desirable Park Highlander. Spanning approximately 2,293 square feet, this elegant 2-bedroom, 2.5-bath condo newly renovated with formal dining, two fireplaces, and refined living spaces designed for both everyday comfort and entertaining. The gourmet kitchen is appointed with premium appliances including Sub-Zero refrigeration, a 6-burner Wolf gas range, double Thermador ovens, microwave, and wine fridge, along with a kitchen island and pantry. Additional conveniences include a full-size washer and dryer area, high-speed internet, decorative lighting, and central air with ceiling fans. Residents enjoy the exclusive amenities of direct-entry elevator access and 24-7 concierge service, plus a private garden, sparkling pool, exercise facility and 2 garage reserved parking spots. The location is exceptional walk to the Shops of Highland Park and Turtle Creek, with convenient dining delivery available from Al Biernat’s and Eddie V’s. Built in 2004 and thoughtfully maintained, this is a rare opportunity to own a sophisticated home in one of Dallas’s most sought-after mid-rise communities.

Investor Tools

Property Icon
$1,112,110
Estimated Property Value
$0Estimated Mortgage Balance
$1,112,110Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,900 /month
Positive
Cash Flow Estimate:
$3,300 /month

Interested in this property?

Daniel Arbel

Douglas Elliman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,480/month
$1,651/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,196
$1,112,110
2025
$48,240
$1,063,870
$1,112,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,196
$1,112,110

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,112,110
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$1,651/mo
+$519/mo
2.3%

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.

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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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4240 Prescott Ave Apt 8b | Property Details | No Agent List