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Owner Contacts

$202,960

NAL Estimated Property Value

5626 Preston Oaks Rd Apt 51c, Dallas, TX, 75254

Off Market

1 Beds

2 Bath

944 Sq Ft

Condos / Townhouses

$217.06 / sqft

Built in 1981

Property Lead Type:

Off-Market ListMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Microwave, Refrigerator

FlooringCarpet, Ceramic Tile

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size5.27 acres

Building Information

Year Built1981

Stories2

Roof Type104

Garage Spaces1

Land Information

APN0029N87000XX00002

Lot Number1-2

SubdivisionPreston Oaks Crossing Condos 1&2

Land UseResidential

Legal DescriptionPRESTON OAKS CROSSING CONDOS 1&2 BLK A/7010 LOTS 1&2 ACS 10.0 BLDG XX UNIT XX-2 CE.4377% APT51C INT202400227783 DD11052024

Census Tract013629

Assessed Land Value$25,120

Assessed Improvement Value$177,840

Assessment Year2025

About this property

FULLY FURNISHED! Beautifully updated condo in the gated subdivision of Preston Oaks Crossing. Inside you'll find 1 bdrm, 1.5 baths, study-bonus room, full size w-d & single-car garage. Conveniently located steps from guest parking. Upgrades include modern paint tones, new SS fridge, microwave & dishwasher, new w & dryer, insulation in attic, New double pane, low e windows & sliding door, Nest Thermostat & Simplesafe Alarm, LED lighting, granite, new cabinets, 50 gal water heater, tile flooring, remodeled fireplace and barn doors. Community features: gated entrance, multiple pools, walking trails, ponds. HOA covers water, trash, sewer, internet & cable.

Investor Tools

$202,960

Estimated Property Value

$181,930Estimated Mortgage Balance

$21,030Estimated Equity

10% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,229 /month

Positive

Cash Flow Estimate:

$410 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$463/month

$315/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,536

$202,960

2025

$25,120

$177,840

$202,960

Tax History

Year

Tax Paid

Assessed Value

2024

$4,536

$202,960

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$198,850

First

Nov 30, 2021

Dec 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$181,930

$21,030

10%

90%

$1,193/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,470/mo

$1,508/mo

$-38/mo

8.7%

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