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$175,000

5619 Preston Oaks Road 505, Dallas, TX, 75254

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths710 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$246.48 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size2.28 acres

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00C51850000C00505
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 C UNIT 505 CE 1.4571% INT202200233296 DD08292022
Census Tract013622
Assessed Land Value$36,100
Assessed Improvement Value$146,420
Assessment Year2025

About this property

You will be hard pressed to find a property this nice for the price and not to mention 4 minutes from LBJ and 3 minutes from North Dallas tollway!!! And dare I mention just minutes from whatever restaurant would suit your fancy for the night!! Perfectly updated with new paint throughout. Hardwood floors and ceramic tile in kitchen and bathroom. Kitchen has been updated with ceramic tile backsplash, granite countertops, stainless steel appliances and Viking microwave convection oven combo. Additional features include skylights and rounded corners. The bathroom has options such as another closet or a perfect place for you to turn it into a glam space! Refrigerator and stackable washer and dryer is included. One car garage attached is a complete bonus! Don't miss out on an opportunity to own instead of leasing or a great investment property! You will want to call it home the minute you walk in!!!

Investor Tools

Property Icon
$190,000
Estimated Property Value
$0Estimated Mortgage Balance
$190,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$239/month
$230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,918
$182,520
2025
$36,100
$146,420
$182,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,918
$182,520

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$190,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$230/mo
+$1,240/mo
9.3%

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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5619 Preston Oaks Road 505 | Property Details | No Agent List