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$221,000

NAL Estimated Property Value

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

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,020 Sq Ft
price_per_sqft$225.49 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance, Private Yard
Lot Size5.27 acres

Building Information

Year Built1981
Stories2
Roof Type104

Land Information

APN0029N870000D00002
Lot NumberD0
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-2 CE.4728% APT 9B INT202100070981 DD03122021 CO-DC
Census Tract013629
Assessment Year2025

About this property

Welcome to the highly sought-after Preston Oaks Crossing Condominiums, a gated community ideally located just minutes from the Galleria Mall, Dallas North Tollway, top-rated restaurants, and endless shopping and entertainment options. This beautifully updated condo features 2 bedrooms and 1.5 bathrooms, offering an open-concept layout on the main floor that seamlessly blends comfort and style. Enjoy a private, shaded patio just off the kitchen—perfect for grilling, relaxing, or entertaining. The kitchen boasts granite countertops, along with a refrigerator and dishwasher included. The downstairs half-bathroom conveniently houses washer and dryer connections. HOA included water, trash, exterior insurance, full use of facility including pool. Additional perks include one covered parking space and access to a well-maintained community in a prime North Dallas location. Don’t miss out—come see this gem for yourself and discover everything it has to offer!

Investor Tools

Property Icon
$221,000
Estimated Property Value
$121,539Estimated Mortgage Balance
$99,461Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
$406/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,630
$162,410
2025
N/A
N/A
$162,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,630
$162,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$134,900
No
First
Mar 12, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,539
$99,461
45%
55%
$809/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$1,215/mo
+$515/mo
9.4%

City: Dallas

5626 Preston Oaks Road 9B | Property Details | No Agent List