Street View

B+

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1view

Owner Contacts

$191,000

5881 Preston View Boulevard 155, Dallas, TX, 75240

Off Market

2 Beds

2 Bath

1,017 Sq Ft

Condos / Townhouses

$147 / sqft

Built in 1968

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Tankless Water Heater

FlooringCeramic Tile, Laminate

Exterior

Lot Size6.13 acres

Building Information

Year Built1968

Stories1

Roof Type105

Land Information

APN0029N860000600155

Lot Number1,3

SubdivisionPreston Hills Condos

Land UseResidential

Legal DescriptionPRESTON HILLS CONDOS BLK 7414 LOTS 1 & 3-7 BLDG 6 UNIT 155 & .85% CE INT201900289624 DD10282019 CO-DC 7414 000 001 3007414

Census Tract013615

Assessed Land Value$68,070

Assessed Improvement Value$109,910

Assessment Year2025

About this property

Completely renovated 2 bedroom 2 bathroom condo in the heart of North Dallas! Quiet gated community with a large pool and lots of grass. Laminate wood flooring and tile throughout the condo..no carpet! Granite in the kitchen and both bathrooms. Bathroom showers have been remodeled with tile. Master bedroom is large, and the bathroom features dual sinks and two closets. First floor unit with one covered and one uncovered parking spaces that convey with the unit. Washer and dryer convey as well as the refrigerator! Can’t beat the location, close to shopping and restaurants. This condo is turnkey and ready for its new owners!

Investor Tools

$191,000

Estimated Property Value

$0Estimated Mortgage Balance

$55,300Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,146 /month

Positive

Cash Flow Estimate:

$382 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$523/month

$336/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,319

$177,980

2025

$68,070

$109,910

$177,980

Tax History

Year

Tax Paid

Assessed Value

2024

$5,319

$177,980

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$148,883

First

Sep 29, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$135,700

$55,300

28%

71%

$893/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,229/mo

+$336/mo

9.8%

Learn About the Market: Opportunity in Dallas

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