B+

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1view

Owner Contacts

$138,000

NAL Estimated Property Value

5881 Preston View Boulevard 173, Dallas, TX, 75240

Off Market

1 Beds

1 Bath

632 Sq Ft

Condos / Townhouses

$199.37 / sqft

Built in 1968

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator

FlooringCeramic Tile, Laminate

Exterior

Lot Size6.13 acres

Building Information

Year Built1968

Stories1

Roof Type105

Land Information

APN0029N860000300173

Lot Number1,3

SubdivisionPreston Hills Condos

Land UseResidential

Legal DescriptionPRESTON HILLS CONDOS BLK 7414 LOTS 1 & 3-7 BLDG 3 UNIT 173 & .52% CE INT202100328784 DD10272021 CO-DC 7414 000 001 3007414

Census Tract013615

Assessed Land Value$41,640

Assessed Improvement Value$81,600

Assessment Year2025

About this property

First floor unit - no stairs Well maintained gated community, perfectly located near LBJ, Centrall Expressway and Dallas North Tollway. Easy access to restaurants, stores, Addison, Galleria and the future Dallas Midtown District. Some amenities include: granite counter tops in kitchen and bathroom; laminated and ceramic tile throughout; replaced double pane windows. Good storage space. Assigned carport. Refrigerator, washer and dryer will remain with unit. Complex has green spaces between units and a large community pool. Community is on a commercial electric system, making electricity less expensive. Make this condo your NEW HOME. WELCOME!

Investor Tools

$138,000

Estimated Property Value

$85,840Estimated Mortgage Balance

$52,160Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$828 /month

Positive

Cash Flow Estimate:

$276 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$333/month

$242/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,305

$123,240

2025

$41,640

$81,600

$123,240

Tax History

Year

Tax Paid

Assessed Value

2024

$3,305

$123,240

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mid-American Mortgage Inc

Conventional

$94,000

First

Oct 27, 2021

Nov 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$85,840

$52,160

37%

62%

$564/mo

Learn About the Market: Opportunity in Dallas

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