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$293,810

NAL Estimated Property Value

5616 Preston Oaks Rd # H-802, Dallas, TX, 75254

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,238 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$169.55 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size6.93 acres

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces1

Land Information

APN0029N830000H00802
Lot Number2
SubdivisionThe Oaks On Montfort Condos
Land UseResidential
Legal DescriptionTHE OAKS ON MONTFORT CONDOS BLK B/7010 PT LT 2 BLDG H UNIT 802 & CE .924% INT202400039496 DD01242024 CO-DC 7010 00B 002
Census Tract013629
Assessed Land Value$97,660
Assessed Improvement Value$196,150
Assessment Year2025

About this property

Step up into this super cute 2 Bedroom, 2 Bath, freshly painted Condo with near shopping and city! Washer, Dryer, and Fridge included! You'll love the luxurious feel with see through fireplace and skylights through-out. Flexible floor-plan and large rooms and closets too. Lots of storage and over-sized laundry area that could double as additional pantry space. Galley style Kitchen with Breakfast Bar seating area or great for entertaining. Plenty of room in Living Room, Study and Dining area. You'll love stepping out on your private Balcony for fresh air. The unit has wonderful proximity to the Pool and Outside Living Area. Unit offers enclosed private Garage and Gated Entry. Must see to truly appreciate.

Investor Tools

Property Icon
$293,810
Estimated Property Value
$155,973Estimated Mortgage Balance
$137,837Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,763 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
$372/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,075
$293,810
2025
$97,660
$196,150
$293,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,075
$293,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$176,280
No
First
Jun 22, 2020
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,973
$137,837
46%
53%
$1,057/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$1,429/mo
+$301/mo
7.1%

City: Dallas

5616 Preston Oaks Rd # H-802 | Property Details | No Agent List