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$267,740

NAL Estimated Property Value

5565 Preston Oaks Road 248F, Dallas, TX, 75254

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,311 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.03 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony
Lot Size7.61 acres

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN00C69250000C00118
Lot Number1A
SubdivisionSpringstead Condos
Land UseResidential
Legal DescriptionSPRINGSTEAD CONDOMINIUMS BLK B/8166 LT 1A ACS 7.6057 BLDG C UNIT 118 CE 1.089% INT201600137429 DD05202016 CO-DC 8166 00B 01A
Census Tract013622
Assessed Land Value$90,200
Assessed Improvement Value$177,540
Assessment Year2025

About this property

Clean and Move-in Ready! Updated 2 bedroom condo on quiet 2nd floor. Living room has a fireplace, high ceiling and opens to a creek view. It has a ceramic tile floor made to look like wood. Light & inviting! An upstairs loft could be a terrific home office. Upstairs bath has a tub with beautiful travertine tile surround. Kitchen has matching SS appliances. Full-size WD connections. Covered parking and pool. Balcony overlooks a greenbelt. This is an upscale gated community, a great place to live. The only utility tenant pays is for electricity. Water is covered by the owner. $40 per adult application fee. Oct. 6: we got 3 applications in today.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,400
$267,740
2025
$90,200
$177,540
$267,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,400
$267,740

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$267,740
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
N/A
+$1,730/mo
7.8%

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.

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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 248F | Property Details | No Agent List