6Days on Market

1view

$199,000

5626 Preston Oaks Road 9A, Dallas, TX, 75254

On Market

Just Added

2 Beds

2 Bath

1,020 Sq Ft

Condos / Townhouses

$195.1 / sqft

Built in 1981

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Lot Size5.27 acres

Building Information

Year Built1981

Stories2

Roof Type104

Land Information

APN0029N870000D00001

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 D UNIT D-1 APT 9A CE .4728% INT201800155812 DD06082018

Census Tract013629

Assessed Land Value$27,130

Assessed Improvement Value$181,970

Assessment Year2025

About this property

Beautiful Mediterranean Condo with 2 bedrooms and 1.5 bath in a gated community, just minutes from Addison, Galleria and major highways. Pool area is beautifully landscaped and features hot tub area and club house. Assigned 1 car carport.( Water, trash and sewer are covered by the HOA)

Investor Tools

$101,897Estimated Mortgage Balance

$117,103Estimated Equity

53% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,314 /month

Positive

Cash Flow Estimate:

$438 /month

Interested in this property?

Katty Urdaneta

Coldwell Banker Realty Frisco

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$479/month

$415/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,656

$209,100

2025

$27,130

$181,970

$209,100

Tax History

Year

Tax Paid

Assessed Value

2025

$4,656

$209,100

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Independent Bank

Conventional

$114,000

First

Dec 30, 2020

Jan 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$101,897

$117,103

53%

47%

$684/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,730/mo

$1,099/mo

+$631/mo

9.5%

Learn About the Market: Opportunity in Dallas

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