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$188,000

NAL Estimated Property Value

5616 Preston Oaks Road 1206, Dallas, TX, 75254

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths738 Sq Ft
price_per_sqft$1.49 / sqft
Year BuiltBuilt in 1982

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size6.93 acres

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces1

Land Information

APN0029N830000L01206
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 L UNIT 1206 & CE .551% INT201000309429 DD11302010 CO-DC 7010 00B 002
Census Tract013629
Assessed Land Value$58,240
Assessed Improvement Value$122,990
Assessment Year2025

About this property

This second floor home is nestled in the beautifully landscaped Oaks on Montfort gated condo community. Kitchen showcases granite counters, stainless sink and appliances, ample storage cabinets, as well as a utility closet with wrap-around shelving. Spacious living room features vaulted ceiling with skylights bringing abundant natural light, built-in bookshelves, & decorative fireplace. Enjoy soaking in an oversized garden bathtub. Park in your private garage w additional guest parking. Amenities include community pool, hot tub, outdoor kitchen pergola w space to gather. Enjoy prime shopping & restaurants moments away at Dallas Galleria & Addison. This condo is fresh & move-in ready for you!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$404/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,912
$181,230
2025
$58,240
$122,990
$181,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,912
$181,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Liang Fangqing
Seller Carryback / Seller Financing / Seller Take-Back
$59,500
No
First
Jun 11, 2010
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,658
$151,342
80%
19%
$357/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$357/mo
+$1,113/mo
9.4%

City: Dallas

5616 Preston Oaks Road 1206 | Property Details | No Agent List