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$220,000

5626 Preston Oaks Road 2C, Dallas, TX, 75254

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,135 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$193.83 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Lot Size5.27 acres

Building Information

Year Built1981
Stories2
Roof Type104

Land Information

APN0029N870000J00004
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 J UNIT J-4 CE.5261% APT 2C INT202000367481 DD12282020
Census Tract013629
Assessed Land Value$30,170
Assessed Improvement Value$213,860
Assessment Year2025

About this property

Wonderful opportunity to own a MOVE-IN ready condo with DESIGNER TOUCHES and thoughtful upgrades in a convenient, gated North Dallas location. Nestled in Preston Oaks Condos—ideally situated between Belt Line, Spring Valley, and Montfort—this rare 2-bedroom, 2.5-bath unit offers comfort, functionality, and strong value. HOA dues include CABLE TV, INTERNET, WATER, VALET TRASH SERVICE, and FULL USE OF COMMUNITY SERVICES. The open-concept layout is perfect for both entertaining and everyday living, featuring real hardwood floors and a spacious living area with a corner fireplace accented by white judge’s paneling and neutral tile. The living space flows seamlessly into the dining area and updated kitchen with shaker cabinets, granite countertops, subway tile backsplash, and stainless steel appliances. A pass-through to the dining area can double as a breakfast bar. Two sliding glass doors fill the home with natural light and provide easy access to a private, fenced patio—ideal for morning coffee or unwinding at the end of the day. A stylishly updated half bath features wainscoting and a vanity with a marble countertop, and a full-size laundry closet completes the first floor. Upstairs, you’ll find two generously sized bedrooms with plush neutral carpeting and ceiling fans, each with its own ensuite bath and walk-in closet, along with a hallway linen closet for added storage. One bedroom is currently being used as a home office, offering flexible space for today’s lifestyle needs. This unit includes an assigned covered carport with ample guest parking. Enjoy close proximity to one of the community’s two pools. Preston Oaks offers beautifully maintained grounds with mature trees, two swimming pools, and a community space. Easy access to Tollway, 635, 75 and George Bush. Less than a mile to Trader Joes, Whole foods and a plethora of dining and shopping options. A fantastic opportunity in a prime North Dallas location—ready for you to move right in.

Investor Tools

Property Icon
$244,030
Estimated Property Value
$0Estimated Mortgage Balance
$65,779Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
$461/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,198
$244,030
2025
$30,170
$213,860
$244,030
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,198
$244,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$199,025
No
First
Dec 28, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,251
$65,779
26%
73%
$1,194/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$1,655/mo
+$75/mo
8.5%

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 2C | Property Details | No Agent List