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$318,360

5838 Preston Valley Dr, Dallas, TX, 75240

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,375 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.04 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-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 Cooktop, Microwave, Double Oven, Refrigerator
FlooringCeramic Tile

Exterior

Lot Size3,734 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000731155560000
Lot Number24
SubdivisionPreston Valley 2
Land UseResidential
Legal DescriptionPRESTON VALLEY 2 BLK 7416 LT 24 INT201300374210 DD12052013 CO-DC 7416 000 02400 3007416 000
Census Tract013615
Assessed Land Value$75,000
Assessed Improvement Value$243,360
Assessment Year2025

About this property

Hard to find fully remodeled-updated one story home now available for a one year+ lease conveniently located off Preston and Spring Valley! Desirable open floor plan features split bedrooms, luxury vinyl throughout, and lots of natural ambient light. Chef's kitchen features high-end Quartz countertops and new stainless-steel appliances. Fully renewed master bathroom boasts large walk-in shower and dual sinks. Don't miss the 2-car garage with epoxy floors and private backyard complete with arbor and flagstone patio and pathway! Submit TAR app, copy of DL, three months paystubs, if credit is below 700 @ owner's discretion, no recent evictions, no violent criminal records, does not qualify for vouchers.

Investor Tools

Property Icon
$318,360
Estimated Property Value
$0Estimated Mortgage Balance
$318,360Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,910 /month
Positive
Cash Flow Estimate:
$637 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$799/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,996
$318,360
2025
$75,000
$243,360
$318,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,996
$318,360

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$318,360
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
5.9%

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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