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$389,000

5829 Preston Valley Dr, Dallas, TX, 75240

Under ContractInfo
Beds2 Beds
Baths2 Bath
Baths1,797 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$216.47 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Tile, Wood

Exterior

Lot Size3,560 sqft

Building Information

Year Built1985
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000731155220000
Lot Number7
SubdivisionPreston Valley 2
Land UseResidential
Legal DescriptionPRESTON VALLEY 2 BLK 7416 LT 7 VOL92210/0425 EX102292 CO-DALLAS 7416 000 00700 3007416 000
Census Tract013615
Assessed Land Value$75,000
Assessed Improvement Value$250,440
Assessment Year2025

About this property

Set in one of most desirable locations within a semi-private community, this exceptional freestanding townhome offers space, privacy, and feel of a single-family home. Thoughtfully and continuously remodeled with today’s most sought-after finishes and features, this home is truly move-in ready. The expanded kitchen was redesigned and features upscale appliances, stylish light oak cabinetry, rollout drawers, glass-accent cabinet doors, wine rack, large tray drawer, full-size pantry, and utility closet for stackable washer and dryer. Additional highlights include 5-burner cooktop, double convection ovens, refrigerator replaced in February 2026, microwave replaced in April 2026, under-cabinet lighting, breakfast bar, and open flow into dining area. The dining space opens through Pella double doors to private outdoor deck and AstroTurf yard, large enough for play, entertaining, or relaxing. Inside, coastal-style wood floors installed in 2021 run throughout the living and dining areas. The living room features tall ceilings and updated fireplace with designer tile and upscale glass screen. The downstairs bathroom has been beautifully remodeled with marble vanity, slow-close drawers, glass-paneled tub, and artistic mirror with coordinating accessories. A downstairs bedroom offers oversized walk-in closet with additional shelved storage area, while newly installed carpet adds comfort to the bedroom, staircase, upstairs office, and spacious primary bedroom. Much of the interior has also been recently painted. The primary bathroom was fully remodeled in 2023 and showcases quartz vanity, abundant cabinetry, chic mirrors, and upgraded tile throughout. TV is included, adding a touch of luxury to the daily routine. The generously sized primary closet includes access to walk-in attic for even more storage. Additional major upgrades include roof in 2025 with warranty, plus transferable window warranty for added peace of mind.

Investor Tools

$0Estimated Mortgage Balance
$396,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
$140/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,252
$325,440
2025
$75,000
$250,440
$325,440
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,252
$325,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$349,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$140/mo
+$1,425/mo
4.7%

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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5829 Preston Valley Dr | Property Details | No Agent List