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$168,000

5840 Spring Valley Road 803, Dallas, TX, 75254

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,151 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$145.96 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringVinyl

Exterior

Exterior FeaturesCourtyard
Lot Size8.92 acres

Building Information

Year Built1981
Stories1
Roof Type105

Land Information

APN0029N900000G00803
Lot Number1
SubdivisionPreston Racqet Club Condos
Land UseResidential
Legal DescriptionPRESTON RACQET CLUB CONDOS BLK B/7417 LOT 1 BLDG G UNIT 803 CE 0.596% INT202000068988DD 03102020 CO-DC 7417 00B 00100 3007417
Census Tract013615
Assessed Land Value$57,870
Assessed Improvement Value$120,290
Assessment Year2025

About this property

BRING ALL OFFERS!! MOTIVATED SELLER!! Great Investor property. Lower level unit with three bedrooms and totally remodeled. Prime location close to restaurants, shopping and all major highways. Pool, gated entrance and community club house.

Investor Tools

$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

Interested in this property?

Marlene Jaffe

Dave Perry Miller Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
$418/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,967
$178,160
2025
$57,870
$120,290
$178,160
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,967
$178,160

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
$2,180/mo
$418/mo
+$1,762/mo
13.3%

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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5840 Spring Valley Road 803 | Property Details | No Agent List