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$312,000

NAL Estimated Property Value

6211 W Northwest Highway G223, Dallas, TX, 75225

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,153 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$255.85 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size4.26 acres

Building Information

Year Built1966
Roof Type172
Garage Spaces1

Land Information

APN00000405391540000
SubdivisionPreston Tower Condominium
Land UseResidential
Legal DescriptionPRESTON TOWER CONDOMINIUM BLK J/5463 BLK LESS ROW AC 4.2589 BLDG A UNIT G223 CE 0.35% INT202400057496 DD03202024 CO-DC 5463
Census Tract007702
Assessed Land Value$81,160
Assessed Improvement Value$207,090
Assessment Year2025

About this property

Spacious Preston Tower poolside condo located on the 2nd floor between the main tower and garden building. Windows span the entire unit and open to a 50’ balcony overlooking the landscaped pool, fountain & firepit areas. Originally a 2 BR floorplan, the 2nd BR has been opened to create an oversized living-dining area (could easily be converted back to a 2nd BR). Highlights include reclaimed wood floors in living area, crown molding, open kitchen with granite & huge breakfast bar, custom closet systems, 2 full baths and a walk-in utility closet. Preston Tower offers the ultimate low-maintenance lifestyle with amenities such as round-the-clock front desk & basement attendants, fitness center, club room with kitchen & library, tennis-pickleball court, dog park, basement laundry room & assigned basement parking. Prime Preston Hollow location offers easy access to Preston Center, NorthPark & Preston Royal. Monthly HOA dues cover all utilities & high-speed internet service.

Investor Tools

Property Icon
$312,000
Estimated Property Value
$53,243Estimated Mortgage Balance
$258,757Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$699/month
$1,280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,826
$288,250
2025
$81,160
$207,090
$288,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,826
$288,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wmc Mortgage Corp
Stand Alone First / Home Equity First Lien
$104,000
No
First
Jul 8, 2005
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,243
$258,757
82%
17%
$635/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,915/mo
+$75/mo
7.7%

Learn About the Market: Opportunity in Dallas

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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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6211 W Northwest Highway G223 | Property Details | No Agent List