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$300,960

5565 Preston Oaks Road 192, Dallas, TX, 75254

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,524 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$203.41 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Marble, Wood

Exterior

Private PoolPrivate Pool
Lot Size7.61 acres

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00C69250000J00192
Lot Number1A
SubdivisionSpringstead Condos
Land UseResidential
Legal DescriptionSPRINGSTEAD CONDOMINIUMS BLK B/8166 LT 1A ACS 7.6057 BLDG J UNIT 192 CE 1.223% INT202200308494 DD12052022 CO-DC 8166 00B
Census Tract013622
Assessed Land Value$101,300
Assessed Improvement Value$199,660
Assessment Year2025

About this property

This wonderful condo is in an attractive development that is conveniently located in North Dallas. The gated complex has lots of trees and is well-maintained. There is a recently updated pool on the property, along with a tennis court. It is one of the biggest units and has a large living room, dining area, and kitchen with plenty of cabinets. A spacious primary bedroom is attached to a bath with a separate tub and shower, dual sinks, and a cedar-lined walk-in closet. One bedroom and bathroom are downstairs. A bonus room at the top of the stairs can be used as a sitting area off of the primary bedroom, a study, or an office. The stacked washer and dryer are currently installed in the kitchen pantry but can be relocated to the downstairs bath, which has the needed connections. There is one assigned carport space and a 1-car garage. The backyard space features a large deck and has gorgeous greenbelt and creek views. A roomy storage closet is located off the back deck.

Investor Tools

Property Icon
$300,960
Estimated Property Value
$0Estimated Mortgage Balance
$183,675Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
$401/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,621
$300,960
2025
$101,300
$199,660
$300,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,621
$300,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Fha
$146,886
Yes
First
Oct 5, 2016
Nov 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,285
$183,675
61%
39%
$881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$1,282/mo
+$448/mo
6.9%

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 192 | Property Details | No Agent List