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$207,460

5565 Preston Oaks Road 176, Dallas, TX, 75254

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths943 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$180.17 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size7.61 acres

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN00C69250000I00176
Lot Number1A
SubdivisionSpringstead Condos
Land UseResidential
Legal DescriptionSPRINGSTEAD CONDOMINIUMS BLK B/8166 LT 1A ACS 7.6057 BLDG I UNIT 176 CE 0.843% INT202300083748 DD04282023 CO-DC 8166 00B
Census Tract013622
Assessed Land Value$69,820
Assessed Improvement Value$137,640
Assessment Year2025

About this property

Back on the market at no fault of the property. Buyer financing fell through. The most beautiful creek setting available in Springstead condos. Your back patio has a lush and private setting. Interior has been updated to current market standards with new floors and appliances. First floor unit is highly desirable.

Investor Tools

Property Icon
$207,460
Estimated Property Value
$0Estimated Mortgage Balance
$40,673Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,245 /month
Positive
Cash Flow Estimate:
$415 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
$234/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,637
$207,460
2025
$69,820
$137,640
$207,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,637
$207,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$176,800
No
First
Apr 28, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,787
$40,673
19%
80%
$1,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,295/mo
+$175/mo
8.5%

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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