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NoAgentList RatingHow are grades calculated? Info
Days161Days on Market
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$145,000

$150,000

5840 Spring Valley Road 912, Dallas, TX, 75254

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,116 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$129.93 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Lot Size8.92 acres

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN0029N900000H00912
Lot Number1
SubdivisionPreston Racqet Club Condos
Land UseResidential
Legal DescriptionPRESTON RACQET CLUB CONDOS BLK B/7417 LOT 1 BLDG H UNIT 912 & CE 0.578% INT201000062036 DD03102010 CO-DC 7417 00B 00100
Census Tract013615
Assessed Land Value$56,120
Assessed Improvement Value$122,440
Assessment Year2025

About this property

Updated condo in a highly desirable North Dallas location offering exceptional value, convenience, and strong investment potential. This is the lowest-priced unit in the community and presents a rare opportunity for both immediate occupancy or income-producing use, with HOA allowing mid-term and long-term rentals. The functional layout features the main entry on the second floor, opening into a light-filled living area with real hardwood floors, granite countertops, designer lighting, and fresh interior paint. The open-concept design extends to a private balcony with an additional storage closet, enhancing everyday livability. The secondary bedroom includes direct access to the third level, while the spacious upper-level primary suite is thoughtfully positioned adjacent to a flexible office or loft space, creating an ideal setup for work-from-home, roommates, or dual living arrangements. Additional highlights include assigned covered parking, low-maintenance living, and a water heater that was recently replaced within the last few years for added peace of mind. Community amenities feature a swimming pool, fitness center, and tennis courts. HOA dues include water, trash, and roof maintenance, providing predictable monthly expenses. Unbeatable access to the Dallas North Tollway, LBJ Freeway, and major expressways, with close proximity to the Galleria, top dining, shopping, and entertainment. Ideal for investors seeking strong rental flexibility or buyers looking for a centrally located, move-in-ready condo in Dallas. Motivated seller—priced to sell quickly.

Investor Tools

Property Icon
$178,560
Estimated Property Value
$0Estimated Mortgage Balance
$178,560Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,071 /month
Positive
Cash Flow Estimate:
$357 /month

Interested in this property?

Patty Woessner

LOVE 316 REALTY LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$80/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$65
$178,560
2025
$56,120
$122,440
$178,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$65
$178,560

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$178,560
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,730/mo
$395/mo
+$1,335/mo
11.6%

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 912 | Property Details | No Agent List