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$199,410

NAL Estimated Property Value

5616 Preston Oaks Rd # D-405, Dallas, TX, 75254

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths883 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.76 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Storage
Lot Size6.93 acres

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces1

Land Information

APN0029N830000D00405
Lot Number2
SubdivisionThe Oaks On Montfort Condos
Land UseResidential
Legal DescriptionTHE OAKS ON MONTFORT CONDOS BLK B/7010 PT LOT 2 3.4924 ACS BLDG D UNIT 405 & CE .659% INT201700116880 DD04252017 CO-DC 7010
Census Tract013629
Assessed Land Value$69,650
Assessed Improvement Value$129,760
Assessment Year2025

About this property

Tired of parking outside, having to leave your place to enjoy the outside or dealing with the neighbors above that many face when renting a traditional apartment? Unit 405 at the Oaks on Montfort is your answer. A one story updated condo with personal garage with direct entry into the unit. Updates throughout make it even better. Kitchen has granite countertops and stainless steel appliances which opens to tiered dining and living area that allows for creative use. 2 bedrooms, with one having sliding window doors that can be perfect for flex space or office if 2nd bedroom isn't a must. Laminate hardwood floors in the living and bedrooms. Bathroom also with updates including double sink vanity and soaking tub. Private patio off living perfect for those who want to be outside without leaving your unit and for those who do the community has a great pool with cover arbor, seating area and grills. Complex is gated and conveniently located within minutes to highways, shopping and more.

Investor Tools

Property Icon
$199,410
Estimated Property Value
$0Estimated Mortgage Balance
$199,410Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,196 /month
Positive
Cash Flow Estimate:
$399 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,444
$199,410
2025
$69,650
$129,760
$199,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,444
$199,410

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$199,410
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$220/mo
+$1,250/mo
8.8%

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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5616 Preston Oaks Rd # D-405 | Property Details | No Agent List