1view

$255,000

5619 Preston Oaks Rd # A-207, Dallas, TX, 75254

Off Market

2 Beds

2 Bath

956 Sq Ft

Condos / Townhouses

$266.74 / sqft

Built in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven

FlooringCarpet, Ceramic Tile

Exterior

Lot Size2.28 acres

Building Information

Year Built1983

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00C51850000A00207

Lot Number1A

SubdivisionOaks Of Preston Ridge Condominium

Land UseResidential

Legal DescriptionOAKS OF PRESTON RIDGE CONDOMINIUM BLK D&E/8166 LT1A&PT1A ACS 2.247 BLDG A UNIT 207 CE 1.9843% INT202400110792 DD05312024

Census Tract013622

Assessed Land Value$49,160

Assessed Improvement Value$199,400

Assessment Year2025

About this property

Cozy first floor condo in heart of Oaks of Preston Ridge community. Fresh updates include paint, countertops, butcher block bar top and light LVP flooring. Great location with two bedrooms and garage! Each bedroom has a full bath and walk in closet. Enjoy summer evenings on the back patio, covered porch. Spacious living room with fireplace and options for your furniture. Swimming pool is a few steps away. Shopping and dining options galore! Make your next home this cozy condo with an easy commute off Preston and LBJ-635.

Investor Tools

$248,560

Estimated Property Value

$229,500Estimated Mortgage Balance

$27,307Estimated Equity

8% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,530 /month

Positive

Cash Flow Estimate:

$510 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$567/month

$315/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,555

$248,560

2025

$49,160

$199,400

$248,560

Tax History

Year

Tax Paid

Assessed Value

2024

$5,555

$248,560

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gardner Financial Services Ltd

Conventional

$229,500

First

May 31, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$221,253

$27,307

10%

89%

$1,376/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,730/mo

$1,691/mo

+$39/mo

8.4%

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