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$196,000

NAL Estimated Property Value

5616 Preston Oaks Road 506, Dallas, TX, 75254

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths729 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$183.81 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size6.93 acres

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces1

Land Information

APN0029N830000E00506
Lot Number2
SubdivisionThe Oaks On Montfort Condos
Land UseResidential
Legal DescriptionTHE OAKS ON MONTFORT CONDOS BLK B/7010 PT LOT 2 BLDG E UNIT 506 & CE .544% INT202000207186 DD07312020 CO-DC 7010 00B 00200
Census Tract013629
Assessed Land Value$57,500
Assessed Improvement Value$121,430
Assessment Year2025

About this property

Updated 1 bedroom unit. Engineered wood floors, stainless steel appliances, granite counters in kitchen and bathroom. Gated community with two pool areas. Refrigerator and washer and dryer will stay with acceptable offer.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$119,605Estimated Mortgage Balance
$76,395Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
$219/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,030
$178,930
2025
$57,500
$121,430
$178,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,030
$178,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$134,900
No
First
Jul 31, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,605
$76,395
38%
61%
$809/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,028/mo
+$442/mo
9.0%

City: Dallas

5616 Preston Oaks Road 506 | Property Details | No Agent List