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$225,000

5881 Preston View Blvd # 11-133, Dallas, TX, 75240

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,199 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$187.66 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Oven, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size6.13 acres

Building Information

Year Built1968
Stories1
Roof Type105

Land Information

APN0029N860001100133
Lot Number1,3
SubdivisionPreston Hills Condos
Land UseResidential
Legal DescriptionPRESTON HILLS CONDOS BLK 7414 LTS 1 & 3-7 BLDG 11 UNIT 133 & .95% CE INT202400224519 DD11042024 CO-DC 7414 000 00100 3007414
Census Tract013615
Assessed Land Value$76,080
Assessed Improvement Value$133,750
Assessment Year2025

About this property

This updated, 2 bedroom, 2 full + 1 half bathroom, townhome style condo unit overlooks the quiet community pool in a well maintained, gated community in north Dallas. No neighbors above! The condo has fresh paint, new carpet and has been well maintained. Downstairs is the kitchen, breakfast nook, half bathroom, laundry closet and living room, which opens up to the pool. Upstairs are 2 good sized bedrooms, 2 full bathrooms and a small loft area that could be used as a home office spot. This might be the best maintained condo community in Dallas. The community pool is always clean and quiet, the grounds are always well maintained the privacy gates always work correctly. Close proximity to the Galleria Mall area, Addison and easy access to downtown Dallas via Central Expressway or the Dallas North Tollway. Unit comes with two assigned parking spots, #157 is covered and #322 is not. HOA includes water and trash service, blanket insurance and ground maintenance.

Investor Tools

Property Icon
$209,830
Estimated Property Value
$0Estimated Mortgage Balance
$209,830Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
$527/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,271
$209,830
2025
$76,080
$133,750
$209,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,271
$209,830

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$209,830
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$527/mo
+$1,038/mo
9.0%

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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5881 Preston View Blvd # 11-133 | Property Details | No Agent List