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Owner Contacts

$287,250

NAL Estimated Property Value

6211 W Northwest Highway G105, Dallas, TX, 75225

Off Market

1 Beds

1 Bath

766 Sq Ft

Condos / Townhouses

$273.5 / sqft

Built in 1966

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

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

FlooringCeramic Tile, Wood

Exterior

Lot Size4.26 acres

Building Information

Year Built1966

Roof Type172

Garage Spaces1

Land Information

APN00000405391150000

SubdivisionPreston Tower Condominium

Land UseResidential

Legal DescriptionPRESTON TOWER CONDOMINIUM BLK J/5463 BLK LESS ROW AC 4.2589 BLDG A UNIT G105 CE 0.22% INT202100353956 DD11222021 CO-DC 5463

Census Tract007702

Assessed Land Value$51,020

Assessed Improvement Value$236,230

Assessment Year2025

About this property

Updated Preston Tower ground floor condo with modern luxe finishes and park-like green views. Completely renovated unit features open plan kitchen with quartzite countertops, SS appliances, and glass-top island with wine fridge. Hardwood & marble-look ceramic tile floors, decorative fireplace, custom lighting, and designer tile bath with washer-dryer combo. Building amenities include secured basement parking, fitness center, club room, library, tennis, dog park, pool, fire pit area, and various commercial shops & services. Monthly HOA dues include all utilities & basic AT&T U-verse internet-cable service. Prime Preston Hollow location with easy access to Preston Center & NorthPark. Furniture can be purchased.

Investor Tools

$287,250

Estimated Property Value

$111,200Estimated Mortgage Balance

$176,050Estimated Equity

61% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,724 /month

Positive

Cash Flow Estimate:

$575 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$434/month

$651/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,775

$287,250

2025

$51,020

$236,230

$287,250

Tax History

Year

Tax Paid

Assessed Value

2024

$3,775

$287,250

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amarillo National Bank

Conventional

$125,420

First

Jul 28, 2020

Aug 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$111,200

$176,050

61%

39%

$752/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,990/mo

$1,403/mo

+$587/mo

8.3%

Learn About the Market: Opportunity in Dallas

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