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$303,600

NAL Estimated Property Value

5565 Preston Oaks Road 136, Dallas, TX, 75254

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,380 Sq Ft
price_per_sqft$210.14 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size7.61 acres

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00C69250000E00136
Lot Number1A
SubdivisionSpringstead Condos
Land UseResidential
Legal DescriptionSPRINGSTEAD CONDOMINIUMS BLK B/8166 LT 1A ACS 7.6057 BLDG E UNIT 136 CE 1.234% INT201100197215 DD07282011 CO-DC 8166 00B 01A
Census Tract013622
Assessed Land Value$102,210
Assessed Improvement Value$201,390
Assessment Year2025

About this property

Light, bright, and open 2-bedroom, 2-bath condo with office-flex room with covered parking and a garage in the heart of North Dallas. This inviting home offers vaulted ceilings, travertine, tile, and carpet flooring, with the main living area on the first level and one bedroom plus an office-flex space upstairs. The kitchen features granite countertops and stainless-steel appliances, while the spacious living area makes a great place to gather with plenty of space. Enjoy the convenience of in-unit laundry and a large private patio with a pergola—ideal for relaxing or dining outdoors. The well-maintained, gated community includes a sparkling pool and tennis courts. Two parking spaces—one covered (#136) and one uncovered—are located directly in front of the unit. Fantastic location with quick access to the Dallas North Tollway, 635, and 75, as well as nearby shopping, dining, and the Galleria. Experience low-maintenance living in a peaceful North Dallas setting. Seller added spray foam insulation in the attic, and all new windows in the last 5 years. Schools and other information are deemed accurate but should be verified by buyer and buyers agent. Lender offering 4.99% interest rate. Contact listing agent for more details or see flyer in Transaction Desk.

Investor Tools

Property Icon
$303,600
Estimated Property Value
$174,255Estimated Mortgage Balance
$129,345Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,822 /month
Positive
Cash Flow Estimate:
$607 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
$505/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,760
$303,600
2025
$102,210
$201,390
$303,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,760
$303,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Of Ada
Conventional
$188,700
No
First
May 3, 2022
May 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,255
$129,345
42%
57%
$1,132/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$1,637/mo
+$93/mo
6.8%

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 Road 136 | Property Details | No Agent List