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$294,000

NAL Estimated Property Value

5565 Preston Oaks Rd # G-160, Dallas, TX, 75254

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,225 Sq Ft
price_per_sqft$243.27 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size7.61 acres

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN00C69250000G00160
Lot Number1A
SubdivisionSpringstead Condos
Land UseResidential
Legal DescriptionSPRINGSTEAD CONDOMINIUMS BLK B/8166 LT 1A ACS 7.6057 BLDG G UNIT 160 CE 1.095% INT202300170892 DD08232023 CO-DC 8166 00B
Census Tract013622
Assessed Land Value$90,690
Assessed Improvement Value$203,310
Assessment Year2025

About this property

BEAUTIFULLY updated 3 bedroom condo!! TWO bedrooms on FIRST FLOOR with spiral staircase to loft-bedroom!! This is such a COOL condo!! NEW HVAC system!! Vaulted ceilings, wood laminate flooring, wood burning fireplace, granite countertops, designer backsplash, stainless steel appliances, updated lighting and hardware, cute greenhouse window in kitchen, covered patio with decking with views a peaceful creek area!! Kitchen remodel (2020) Upstairs bath remodel (2023) Replaced fence (2023), updated sprinkler fire system (2022), water heater (2021) The second bedroom down is currently being used as a home office. Gated community features two swimming pools, party room, tennis courts, dog park, and located near ND Tollway & Preston! Perfect for the discriminating buyer looking for a modern living space in North Dallas!!

Investor Tools

Property Icon
$294,000
Estimated Property Value
$0Estimated Mortgage Balance
$294,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,553
$294,000
2025
$90,690
$203,310
$294,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,553
$294,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$294,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,180/mo
$395/mo
+$1,785/mo
8.9%

City: Dallas