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$262,630

5616 Preston Oaks Rd # O-1508, Dallas, TX, 75254

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,115 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$246.64 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave, Refrigerator

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Courtyard, Private Entrance
Lot Size6.93 acres

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces1

Land Information

APN0029N830000O01508
Lot Number2
SubdivisionOaks On Montfort Ph Ii Iii & Iv
Land UseResidential
Legal DescriptionOAKS ON MONTFORT PH II III & IV BLK B/7010 PT LOT 2 BLDG O UNIT 1508 & CE .833% INT202400156719 DD08022024 CO-DC 7010 00B 002
Census Tract013629
Assessed Land Value$88,040
Assessed Improvement Value$174,590
Assessment Year2025

About this property

**Stunningly Remodeled Condo in The Oaks on Montfort, Dallas, TX** Welcome to this meticulously transformed **1115 sq ft** gem, where modern elegance meets comfort. Every detail has been carefully considered in this 2-bedroom, 2-bathroom haven. New granite countertops grace the kitchen, adding both style and functionality. A new HVAC system ensures year-round comfort. Walls and ceilings have been expertly resurfaced, creating a fresh canvas for your personal touch. Throughout the condo, discover brand-new flooring, marrying aesthetics with practicality. This is more than a home—it's an invitation to experience refined living in the heart of Dallas. Schedule your private tour today!

Investor Tools

Property Icon
$262,630
Estimated Property Value
$0Estimated Mortgage Balance
$262,630Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
$409/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,289
$262,630
2025
$88,040
$174,590
$262,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,289
$262,630

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$262,630
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$409/mo
+$1,321/mo
7.9%

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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5616 Preston Oaks Rd # O-1508 | Property Details | No Agent List