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$258,000

5565 Preston Oaks Rd # D120, Dallas, TX, 75254

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,308 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$197.25 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard

Building Information

Garage Spaces2

About this property

LOCATION, CONVENIENCE AND COMFORT COME TOGETHER IN THE HEART OF NORTH DALLAS! Ideally positioned near Preston Rd, I-635 and the Dallas North Tollway, this well-maintained 2-bedroom, 2-bath condominium offers exceptional access to the Addison business and entertainment district and everything North Dallas has to offer: shopping, dining, healthcare, recreation, entertainment and everyday services are all within convenient reach. Inside, the 1,308-SF two-story floor plan is bright and inviting, with high ceilings, abundant natural light and classic window shutters. The first-floor primary suite provides the convenience of ground-floor living, with a bonus room perfect for nursery, play room or home office, while the second bedroom and full bath upstairs offer privacy and flexibility for guests, family or a home office. New appliances add to the home's move-in-ready appeal, and the covered patio provides a comfortable space to relax outdoors. With its attractive interior condition, practical floor plan and outstanding connectivity to major employment, business, entertainment and lifestyle destinations, this North Dallas condo offers buyers something increasingly valuable: a comfortable home in a location that makes everyday life easier.

Investor Tools

$0Estimated Mortgage Balance
$273,020Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month

Interested in this property?

Pedro Cabezas

RE/MAX DFW Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
$505/month
5.947%

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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