NoAgentList RatingHow are grades calculated?

1view

$1,402,000

6119 Preston Creek Dr, Dallas, TX, 75240

Off Market

5 Beds

5 Bath

4,350 Sq Ft

Single Family Residence

$1.32 / sqft

Built in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Cooktop

Exterior

Private Pool

Lot Size18,017 sqft

Building Information

Year Built1969

Stories1

Roof Type105

Garage Spaces3

Land Information

APN00000731302000000

Lot Number11

SubdivisionPreston Road North

Land UseResidential

Legal DescriptionPRESTON ROAD NORTH ESTATES BLK 4/7418 LT 11 PRESTON CREEK DR INT202400110224 DD05312024 CO-DC 7418 004 01100 3007418 004

Census Tract013608

Assessed Land Value$576,540

Assessed Improvement Value$413,460

Assessment Year2025

About this property

Sprawling one story ranch in the heart of Dallas. Hard to find this type of house as a lease. It was completely updated by current owners to be their forever home, then they got transferred out of the area for a few years. Home offers 5 bedrooms 4.1 baths. Perfect for mother in law, growing kids or nanny. Gorgeous hardwoods, chefs kitchen with stainless steel appliances. Floor to ceiling window overlooking covered patio and pool. Beautiful walking neighborhood backing up to Hughes Lane and multi-million dollar houses. Minutes from major Dallas shopping, private schools and highways.

Investor Tools

$1,402,000

Estimated Property Value

$585,000Estimated Mortgage Balance

$825,172Estimated Equity

58% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,412 /month

Positive

Cash Flow Estimate:

$2,804 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,631/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$24,564

$990,000

2025

$576,540

$413,460

$990,000

Tax History

Year

Tax Paid

Assessed Value

2024

$24,564

$990,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$585,000

First

Apr 28, 2025

Jun 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$576,828

$825,172

58%

41%

$3,414/mo

Learn About the Market: Opportunity in Dallas

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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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