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$355,000

NAL Estimated Property Value

6211 W Northwest Hwy # A-2505, Dallas, TX, 75225

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,083 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$349.95 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Oven, Microwave, Refrigerator, Washer
FlooringSimulated Wood, Tile

Exterior

Exterior FeaturesBalcony
Lot Size4.26 acres

Building Information

Year Built1966
Roof Type172
Garage Spaces1

Land Information

APN00000405393960000
SubdivisionPreston Tower Condominium
Land UseResidential
Legal DescriptionPRESTON TOWER CONDOMINIUM BLK J/5463 BLK LESS ROW AC 4.2589 BLDG A UNIT 2505 CE 0.32% INT202400191559 DD09192024 CO-DC
Census Tract007702
Assessed Land Value$74,210
Assessed Improvement Value$280,790
Assessment Year2025

About this property

A Rare South Facing Home On A High Floor In Dallas’s Preston Tower. This One Has A Flexible Living Area That Can Accommodate A Dining Table, Office Nook, Or Extra-Large Living Space. You Will Be Captivated By The Magnificent Views Of The Downtown Dallas Skyline Through The Floor To Ceiling Windows In Both The Living Area And The Huge Owner’s Bedroom. Many Of The Units Have Not Been Updated, But This One Has Updated Bathrooms And Kitchen. BONUS The Windows Have All Been Replaced (approx $30k), Freshly Painted Interior, Washer And Dryer, And Reconfigured Master Bathroom With Soaking Tub And Separate Large Shower. Just Down The Street From Northpark Mall, Walking Distance To The Grocery Store, And Very Close To The Tollway And Hwy 75. Reserved Parking Space On The Lower Level Very Close To The Elevator. A Perfect Setup For Low Maintenance Living In The City.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$0Estimated Mortgage Balance
$355,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
$1,078/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,020
$355,000
2025
$74,210
$280,790
$355,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,020
$355,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$355,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,078/mo
+$912/mo
6.7%

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-2505 | Property Details | No Agent List