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$235,000

5565 Preston Oaks Rd # F-252, Dallas, TX, 75254

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,297 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$181.19 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size7.61 acres

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN00C69250000F00252
Lot Number1A
SubdivisionSpringstead Condos
Land UseResidential
Legal DescriptionSPRINGSTEAD CONDOMINIUMS BLK B/8166 LT 1A ACS 7.6057 BLDG F UNIT 252 CE 1.160% INT202500108636 DD05162025 CO-DC 8166 00B
Census Tract013622
Assessed Land Value$96,080
Assessed Improvement Value$189,260
Assessment Year2025

About this property

Light bright and open 2 bedroom 2 bath condo with two living areas and covered parking in the heart of North Dallas!! You will feel like you are in a treehouse upon entry with wall of windows looking out to patio and tranquil treed greenspace and creek. Home boasts vaulted ceilings, wood flooring, fireplace, one bedroom and living area on first level and 1 bedroom and loft living area on the second level, granite countertops in kitchen, stainless steel appliances, full size utility room, lots of closet space, large patio with spiral staircase leading to greenspace and creek. Fantastic location, convenient to Tollway, 635 and quick access to 75 as well nearby shopping, dining, and the Galleria. Well maintained community with gated entrance, swimming pool and tennis courts. Two parking spots available, one covered and one uncovered in front of the unit.

Investor Tools

Property Icon
$285,340
Estimated Property Value
$211,500Estimated Mortgage Balance
$77,564Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,712 /month
Positive
Cash Flow Estimate:
$571 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
$473/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,891
$285,340
2025
$96,080
$189,260
$285,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,891
$285,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$211,500
No
First
May 16, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,776
$77,564
27%
73%
$1,269/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$1,742/mo
$-12/mo
7.3%

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.

Explore Texas Explore This Area
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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5565 Preston Oaks Rd # F-252 | Property Details | No Agent List