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Owner Contacts

$221,000

NAL Estimated Property Value

5626 Preston Oaks Rd Apt 40b, Dallas, TX, 75254

Off Market

2 Beds

2 Bath

1,020 Sq Ft

Condos / Townhouses

$1.62 / sqft

Built in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Microwave, Refrigerator

FlooringWood

Exterior

Lot Size5.27 acres

Building Information

Year Built1981

Stories2

Roof Type104

Land Information

APN0029N87000MM00002

Lot Number1-2

SubdivisionPreston Oaks Crossing Condos 1&2

Land UseResidential

Legal DescriptionPRESTON OAKS CROSSING CONDOS 1&2 BLK A/7010 LTS 1&2 ACS 10.0 BLDG MM UNIT MM-2 CE.4728% APT40B INT201800053239 DD02232018

Census Tract013629

Assessed Land Value$27,130

Assessed Improvement Value$192,170

Assessment Year2025

About this property

MOVE-IN SPECIAL: $500 OFF ON YOUR FIRST MONTH OF RENT! ASK THE LISTING AGENT !! Lovely and cozy Townhouse located minutes to the DNT or to 635, this lovely townhome is in a well established, gated community with mature trees, a community pool with easy access to local restaurants and entertainment. 2 level unit with nobody above or below is a short walk to community pool and mailbox area. One assigned covered parking place, right outside your front door. Minutes from UTD, SMU, Medical City Dallas Hospital & Surgery Complex, Entertainment, Shopping, Addison Airport, Dallas Love Field, DFW Airport and Major Highways. You must see it! Ready to move in!

Investor Tools

$221,000

Estimated Property Value

$96,045Estimated Mortgage Balance

$124,955Estimated Equity

56% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,326 /month

Positive

Cash Flow Estimate:

$442 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$501/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,901

$219,300

2025

$27,130

$192,170

$219,300

Tax History

Year

Tax Paid

Assessed Value

2024

$4,901

$219,300

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Independent Bank

Conventional

$109,000

First

Apr 24, 2020

May 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$96,045

$124,955

56%

43%

$654/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,730/mo

$654/mo

+$1,076/mo

9.4%

Learn About the Market: Opportunity in Dallas

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