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$175,000

5840 Spring Valley Road 602, Dallas, TX, 75254

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,116 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.51 / sqft
Year BuiltBuilt in 1981

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
FlooringCarpet, Laminate, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size8.92 acres

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN0029N900000E00602
Lot Number1
SubdivisionPreston Racqet Club Condos
Land UseResidential
Legal DescriptionPRESTON RACQET CLUB CONDOS BLK B/7417 LT 1 BLDG E UNIT 602 & CE 0.578% INT202100321359 DD10252021 CO-DC 7417 00B 00100
Census Tract013615
Assessed Land Value$56,120
Assessed Improvement Value$106,990
Assessment Year2025

About this property

Beautifully updated and spacious 2-bedroom, 2-bath condo. Features gleaming hardwood floors and a modernized kitchen with cabinetry, stainless steel appliances, and upgraded countertops. The living room boasts vaulted ceilings, allowing for abundant natural light. Includes plush updated carpeting, subway tile and new fixtures in both bathrooms, and upgraded lighting throughout. Highlights also include a striking spiral staircase, a private balcony, and reserved covered parking.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
$294/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,632
$163,110
2025
$56,120
$106,990
$163,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,632
$163,110

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$175,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$294/mo
+$1,436/mo
11.9%

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.

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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 Road 602 | Property Details | No Agent List