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$229,900

$239,900

5981 Arapaho Road 1304, Dallas, TX, 75248

On MarketInfo
Just AddedInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,038 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$221.48 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
FlooringHardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Outdoor Grill, Private Entrance, Tennis Court(s)
Lot Size6.39 acres

Building Information

Year Built1980
Stories1
Roof Type105

Land Information

APN00C82450000100106
Land UseResidential
Legal DescriptionWOODHAVEN CONDOMINIUMS BLK A/8220 ACS 6.389 BLDG 1 UNIT 106 & .80% CE INT202100089709 DD03292021 CO-DC 8220 00A 000 3008220
Census Tract013621
Assessed Land Value$44,530
Assessed Improvement Value$171,900
Assessment Year2025

About this property

Updated condo with stunning golf course views! Step out onto your private patio and take in panoramic views of the 18th hole at The Clubs at Prestonwood. Inside, the living area features soaring ceilings, Red Oak hardwood floors & a cozy wood-burning fireplace. Updated windows fill the home with natural light and frame picture-perfect fairway views. The west-facing orientation also makes for stunning sunset views across the course! Designed for flexibility, the layout includes two spacious bedrooms, one upstairs and one downstairs, each with its own ensuite bath. Ideal for those looking to house-hack with roommates, host guests comfortably, or create a dedicated home office. Recent updates feature a brand-new HVAC system (installed July 2024) & water heater (installed April 2021). This home offers the perfect blend of privacy and convenience, just minutes from Village on the Parkway, Addison Circle & major highways—including the Dallas North Tollway, George Bush & I-635—for effortless access throughout the metroplex. Ideally located, it’s only 8 minutes to Addison Airport, 20 minutes to Love Field, and 23 minutes to DFW International. Community amenities include a salt water pool, tennis court and pickleball court for endless recreation.

Investor Tools

Property Icon
$216,430
Estimated Property Value
$0Estimated Mortgage Balance
$70,369Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Matt Templeton

Keller Williams Urban Dallas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
$473/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,819
$216,430
2025
$44,530
$171,900
$216,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,819
$216,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Va
$162,759
Yes
First
Mar 29, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,061
$70,369
32%
67%
$976/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,810/mo
$1,449/mo
+$361/mo
10.0%

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.

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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