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$227,200

NAL Estimated Property Value

6211 W Northwest Highway G508, Dallas, TX, 75225

$236,375 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths710 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$330.99 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size4.26 acres

Building Information

Year Built1966
Roof Type172

Land Information

APN00000405391790000
SubdivisionPreston Tower Condominium
Land UseResidential
Legal DescriptionPRESTON TOWER CONDOMINIUM BLK J/5463 BLK LESS ROW AC 4.2589 BLDG A UNIT G508 CE 0.21% INT202400088943 DD04302024 CO-DC 5463
Census Tract007702
Assessed Land Value$48,700
Assessed Improvement Value$178,500
Assessment Year2025

About this property

Preston Tower Garden Building end unit offers beautiful 5th-floor views of Preston Hollow and beyond. Windows span the width of the unit and open to a 34’ balcony. Easy in & out as condo is located directly across the hall from the elevator servicing the basement. Features include decorative lighting, ceiling fans, crown molding & recent lux vinyl plank flooring. Kitchen has replaced cabs, granite & SS appliances; bath has a walk-in shower and stacked Bosch washer-dryer. 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, garden pool area with fire pit, tennis-pickleball court, dog park & assigned basement parking. Prime Preston Hollow location offers easy access to Preston Center, NorthPark & Preston Royal shops & restaurants. Monthly HOA dues cover all utilities, HVAC maintenance & high-speed internet service.

Investor Tools

Property Icon
$227,200
Estimated Property Value
$180,951Estimated Mortgage Balance
$46,249Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$236,374
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
$768/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,836
$227,200
2025
$48,700
$178,500
$227,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,836
$227,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$188,000
No
First
Apr 30, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,951
$46,249
20%
80%
$1,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,896/mo
+$94/mo
10.5%

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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6211 W Northwest Highway G508 | Property Details | No Agent List