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$220,000

5626 Preston Oaks Road 43C, Dallas, TX, 75254

On MarketInfo
Beds1 Beds
Baths2 Bath
Baths912 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$241.23 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Washer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size5.27 acres

Building Information

Year Built1981
Stories2
Roof Type104

Land Information

APN0029N87000PP00003
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 PP UNIT PP-3 CE.42275%APT43C INT202500041200 DD02282025
Census Tract013629
Assessed Land Value$24,260
Assessed Improvement Value$171,820
Assessment Year2025

About this property

Fantastic fully furnished turnkey condo with a private backyard in an unbeatable North Dallas location near the Galleria and all the dining, shopping, and entertainment Addison has to offer. This charming gem features updated HVAC and water heater, plus a flexible floor plan with the option for a home office, loft, or second bedroom space. The downstairs living area is filled with natural light and offers an open-concept layout connecting the living room, kitchen, and dining area. The kitchen showcases designer granite countertops, abundant cabinet storage, refrigerator, and microwave. The inviting living room is highlighted by a cozy fireplace, creating the perfect space to relax or entertain. A convenient guest bath and laundry closet with washer and dryer complete the first floor. Upstairs, the spacious primary suite features a large bathroom, walk-in closet, and an additional flex space ideal for a loft, office, sitting area, or guest bedroom. Step outside to enjoy the private backyard retreat featuring low-maintenance synthetic grass, attractive landscaping, and a wood privacy fence. Community amenities include two pools, hot tub, clubhouse, plus water, trash, and sewer services included.

Investor Tools

$0Estimated Mortgage Balance
$196,080Estimated 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

Interested in this property?

Sherri Courie

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
$364/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,366
$196,080
2025
$24,260
$171,820
$196,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,366
$196,080

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,080
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$364/mo
+$1,366/mo
10.6%

City: Dallas