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$220,000

5626 Preston Oaks Road 26A, Dallas, TX, 75254

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,020 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$215.69 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesOther
FlooringCeramic Tile

Exterior

Exterior FeaturesCourtyard, Uncovered Courtyard
Lot Size5.27 acres

Building Information

Year Built1981
Stories2
Roof Type104

Land Information

APN0029N870000Y00001
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 Y UNIT Y-1 CE.4728% APT 26A INT202200284392 DD10282022
Census Tract013629
Assessed Land Value$27,130
Assessed Improvement Value$192,170
Assessment Year2025

About this property

Your opportunity to personalize your own condo in the gated community of Preston Oaks Crossing awaits you. Upon arrival and within steps of the reserved covered parking, you are greeted by a fenced-in private front courtyard. The courtyard leads to the front door and the courtyard is also accessible from the sliding glass doors in the kitchen and living room for outdoor dining or entertaining. The ground level is where you will find the living room, anchored by a cozy fireplace, which opens to the dining room - adjacent to the kitchen. The laundry closet is located within the half bathroom downstairs. Both bedrooms and the full bath are located upstairs. The community has two pools, a hot tub, a clubhouse and the monthly HOA includes basic internet and cable service provided by Spectrum. All of this is conveniently located less than 2 miles to the Galleria, the many restaurants on Beltline Road, the Dallas North Tollway and LBJ.

Investor Tools

Property Icon
$219,300
Estimated Property Value
$0Estimated Mortgage Balance
$219,300Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
$351/month
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
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,901
$219,300

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$219,300
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$351/mo
+$1,379/mo
9.5%

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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5626 Preston Oaks Road 26A | Property Details | No Agent List