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$196,000

NAL Estimated Property Value

5840 Spring Valley Rd # P-1510, Dallas, TX, 75254

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,174 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$140.55 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size8.92 acres

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN0029N900000P01510
SubdivisionPreston Raquet Club Condo
Land UseResidential
Legal DescriptionPRESTON RAQUET CLUB CONDO BLK B/7417 PH I & II 8.9157 ACS BLDG P UNIT 1510 & .609% CE INT201500140306 DD05282015 CO-DC 7417
Census Tract013615
Assessed Land Value$59,130
Assessed Improvement Value$131,180
Assessment Year2025

About this property

Welcome to this beautifully updated two-story condo nestled in the gated community of Preston Racquet Club. This 2 bedroom, 2.5 bath home features a fresh neutral painted interior and gorgeous wood-look Luxury Vinyl Plank floors throughout the entry, dining area and living room. Enjoy entertaining friends and family in the spacious living room highlighted by a cozy wood-burning fireplace. Whip up a home-cooked meal in the fully equipped kitchen updated Quartz counter-tops, rich wood cabinetry, Stanless Steal appliance package (25) with built-in microwave, electric range and everything you need to prepare your favorite meals. Fresh carpet leads upstairs to two split bedrooms, each with ensuite baths with Quartz counter-tops and walk-in closets. The utility room is also thoughtfully located on the third floor. Lastly, unwind at the end of the day on your private balcony, complete with a storage closet. Residents enjoy exclusive access to community amenities including a sparkling pool, clubhouse, fitness center, racquetball court, and business center. Don't miss the opportunity to make this move-in ready condo your new home! Title Opened at Trust Title

Investor Tools

Property Icon
$196,000
Estimated Property Value
$0Estimated Mortgage Balance
$196,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
$421/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,253
$190,310
2025
$59,130
$131,180
$190,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,253
$190,310

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$421/mo
+$1,309/mo
10.6%

Learn About the Market: Opportunity in Dallas

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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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5840 Spring Valley Rd # P-1510 | Property Details | No Agent List