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Owner Contacts

$281,380

NAL Estimated Property Value

5565 Preston Oaks Road 184, Dallas, TX, 75254

Off Market

3 Beds

2 Bath

1,279 Sq Ft

Condos / Townhouses

$233.78 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Refrigerator

FlooringCarpet, Ceramic Tile, Marble, Wood

Exterior

Private Pool

Lot Size7.61 acres

Building Information

Year Built1983

Stories2

Roof Type105

Land Information

APN00C69250000I00184

Lot Number1A

SubdivisionSpringstead Condos

Land UseResidential

Legal DescriptionSPRINGSTEAD CONDOMINIUMS BLK B/8166 LT 1A ACS 7.6057 BLDG I UNIT 184 CE 1.143% INT202200262690 DD09302022 CO-DC 8166 00B

Census Tract013622

Assessed Land Value$94,670

Assessed Improvement Value$186,710

Assessment Year2025

About this property

CREEK VIEWS, PRIVATE GARDEN PATIO AND FIRST STORY LIVING! Renovated upscale condo enjoys views of well-maintained seasonal creek. Modern vaulted ceilings create gallery walls and flows to patio-yard for easy entertaining. Unit offers roomy first floor primary bedroom, downstairs second bedroom previously used as a study. Upstairs loft and full bath could be 3rd bedroom or getaway living space. Quartz counter tops in bathrooms and kitchen. Glass enclosed main shower, rain shower head and handheld spray device. Kitchen double sink framed by “greenhouse” window. Full-size washer and dryer in unit. Gated community features two swimming pools, party room, tennis courts. Located near, NDTollway-I75-Preston Rd. theaters, trendy restaurants. Covered parking and 2nd reserved space ensure convenience. Perfect for the discriminating buyer looking for a modern living space.

Investor Tools

$281,380

Estimated Property Value

$237,154Estimated Mortgage Balance

$44,226Estimated Equity

15% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,794 /month

Positive

Cash Flow Estimate:

$598 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$477/month

$375/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,315

$281,380

2025

$94,670

$186,710

$281,380

Tax History

Year

Tax Paid

Assessed Value

2024

$4,315

$281,380

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Randolph Brooks Fcu

Conventional

$254,500

First

Sep 30, 2022

Oct 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$237,154

$44,226

15%

84%

$1,526/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,730/mo

$1,901/mo

$-171/mo

7.4%

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