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$411,540

6211 W Northwest Hwy # A-2005, Dallas, TX, 75225

Off MarketInfo
LeaseInfo
CommercialInfo
Beds1 Beds
Baths2 Bath
Baths1,130 Sq Ft
RetailRetail
price_per_sqft$1.54 / sqft
Year BuiltBuilt in 1966

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
FlooringVinyl

Exterior

Lot Size4.26 acres

Building Information

Year Built1966
Roof Type172

Land Information

APN00000405393550000
SubdivisionPreston Tower Condominium
Land UseResidential
Legal DescriptionPRESTON TOWER CONDOMINIUM BLK J/5463 BLK LESS ROW AC 4.2589 BLDG A UNIT 2005 CE 0.32% INT202200244883 DD09122022 CO-DC 5463
Census Tract007702
Assessed Land Value$74,210
Assessed Improvement Value$337,330
Assessment Year2025

About this property

BRING YOUR BUSINESS TO THE ICONIC PRESTON TOWER, a midcentury modern building built in 1966 with an inviting, front drive-through entrance tucked behind its captivating fountain with sculpture amid the historic “Pink Wall” of 1954, updated common areas, walking distance to Preston Center, Preston Hollow, Park Cities, and views of the popular Park Cities Baptist Church. AVAILABLE NOW is this 2-room Unit with 1 keyed entry door and plumbing sink(s) ideal for small retail, photographer, stylist, barber, aesthetician, lash and or nail tech, wellness professional, or small business. The setup is similar to salon suits or work suits. At this monthly rental rate, all of the following are INCLUDED... Utilities such as electricity, water, trash, sewer, WiFi, shared waiting area, keyed entry doors to individual Units and main entry door, utility closets, first-floor security with 24-hour courtesy officers, gym, tennis, and pool access with courtyard and fire pit, as well as parking for you and your clients. With great networking opportunities and bustling foot traffic, grow your business here. On the 1st and 2nd floors, there are 33 various types of commercial business owners and tenants. From the 3rd floor to the top, there are approximately 350 residential condominium units housing residential owners and tenants. Single spaces and sublease options are available.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,525
$411,540
2025
$74,210
$337,330
$411,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,525
$411,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Va
$306,825
Yes
First
Sep 12, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,913
$125,627
30%
69%
$1,840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,350/mo
$1,840/mo
+$510/mo
6.9%

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 Hwy # A-2005 | Property Details | No Agent List