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$501,900

NAL Estimated Property Value

6211 W Northwest Hwy # A2701, Dallas, TX, 75225

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,673 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$297.67 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size4.26 acres

Building Information

Year Built1966
Roof Type172
Garage Spaces2

Land Information

APN00000405394080000
SubdivisionPreston Tower Condominium
Land UseResidential
Legal DescriptionPRESTON TOWER CONDOMINIUM BLK J/5463 BLK LESS ROW AC 4.2589 BLDG A UNIT 2701 CE 0.49% INT202400087303 DD04302024 CO-DC 5463
Census Tract007702
Assessed Land Value$113,630
Assessed Improvement Value$388,270
Assessment Year2025

About this property

SPECTACULAR 27th FLOOR VIEWS of downtown, the Park Cities, Preston Center and beyond! Rarely available Preston Tower upper floor 3 BR, 3 BA condo features windows spanning the entire unit. The perfect opportunity to update and personalize almost 1700 sq. ft. of living space offering views from every room. Spacious, open floor plan, 2 balconies, an oversized primary suite and custom built-ins along the bedroom hallway. Brand new Bosch washer & dryer and SS kitchen appliances. 2 assigned basement-level parking spaces near elevators are deeded with unit. Preston Tower offers the ultimate low-maintenance lifestyle with amenities such as round-the-clock front desk & basement attendants, landscaped pool-firepit area, fitness center, club room with kitchen & library, tennis-pickleball court, and dog park. Prime Preston Hollow location with easy access to Preston Center, NorthPark & Preston Royal. Monthly HOA dues cover all utilities, HVAC maintenance, and high-speed internet service.

Investor Tools

Property Icon
$501,900
Estimated Property Value
$455,360Estimated Mortgage Balance
$46,540Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,011 /month
Positive
Cash Flow Estimate:
$1,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,113/month
$1,789/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,844
$501,900
2025
$113,630
$388,270
$501,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,844
$501,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$473,100
No
First
Apr 30, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$455,360
$46,540
9%
91%
$2,837/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$4,626/mo
$-1,666/mo
7.1%

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 # A2701 | Property Details | No Agent List