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Owner Contacts

$244,030

NAL Estimated Property Value

5626 Preston Oaks Road 37B, Dallas, TX, 75254

Off Market

2 Beds

3 Bath

1,135 Sq Ft

Condos / Townhouses

$167.31 / sqft

Built in 1981

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Electric Water Heater

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private Pool

Lot Size5.27 acres

Building Information

Year Built1981

Stories2

Roof Type104

Land Information

APN0029N87000JJ00002

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 JJ UNIT JJ-2 CE.5261% APT37B INT202000189800 DD07152020

Census Tract013629

Assessed Land Value$30,170

Assessed Improvement Value$213,860

Assessment Year2025

About this property

IF THE BUYER WANTS THE FRIDGE, WASHER, DRYER & FURNITURE IN LIVING & DINING ROOMS THEY ARE INCLUDED WITH AN ACCEPTABLE OFFER! Charming & Cozy Condo in Prime North Dallas location! This condo includes an open floor concept between dining, living & kitchen. Kitchen includes BRAND NEW SAMSUNG RANGE, ss fridge, granite counter tops. Spacious living room features newer floors & recently updated wood burning fireplace. Two patio doors lead to private open patio. Second floor features 2 master suites with private baths & walk in closets. This private gated community is close to highways, shopping & restaurants. HOA includes internet, cable, water, trash, exterior maintenance & 2 pools! 1 covered parking space included

Investor Tools

$244,030

Estimated Property Value

$146,558Estimated Mortgage Balance

$97,472Estimated Equity

39% 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

$392/month

$307/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,481

$244,030

2025

$30,170

$213,860

$244,030

Tax History

Year

Tax Paid

Assessed Value

2024

$3,481

$244,030

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$165,300

First

Jul 15, 2020

Aug 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$146,558

$97,472

39%

60%

$992/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,730/mo

$1,299/mo

+$431/mo

8.5%

Learn About the Market: Opportunity in Dallas

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