1view

Owner Contacts

$232,680

NAL Estimated Property Value

5626 Preston Oaks Road 28C, Dallas, TX, 75254

Off Market

2 Beds

3 Bath

1,135 Sq Ft

Condos / Townhouses

$201.76 / sqft

Built in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters, Lighting, Private Yard

Lot Size5.27 acres

Building Information

Year Built1981

Stories2

Roof Type104

Land Information

APN0029N87000AA00003

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 AA UNIT AA-3 CE.5261% APT28C INT202400120463 DD06142024

Census Tract013629

Assessed Land Value$30,170

Assessed Improvement Value$202,510

Assessment Year2025

About this property

Welcome to your pretty two-story condo in the heart of North Dallas! This beautifully updated home features 2 spacious bedrooms, 2.5 stylish bathrooms, and updated finishes throughout. The open-plan living space is perfect for entertaining, while the well-appointed kitchen opens to the patio which is great for grilling, hanging out or pets. Nestled in a quiet and friendly complex, residents enjoy access to a sparkling pool, perfect for those warm Texas days. Don't miss out on this perfect blend of comfort and convenience!

Investor Tools

$232,680

Estimated Property Value

$210,988Estimated Mortgage Balance

$21,692Estimated Equity

9% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,396 /month

Positive

Cash Flow Estimate:

$465 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$167/month

$404/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$844

$232,680

2025

$30,170

$202,510

$232,680

Tax History

Year

Tax Paid

Assessed Value

2024

$844

$232,680

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Conventional

$218,500

First

Jun 14, 2024

Jul 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$210,988

$21,692

91%

$1,311/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,730/mo

$1,715/mo

+$15/mo

8.9%

Learn About the Market: Opportunity in Dallas

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 This Area