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$1,975,000

6254 Prestonshire Lane, Dallas, TX, 75225

$2,448,790 ARV

Off Market

5 Beds

6 Bath

6,100 Sq Ft

Single Family Residence

$323.77 / sqft

Built in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 6

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Electric Oven, Electric Range, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater

FlooringCarpet, Marble, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size18,800 sqft

Building Information

Year Built1997

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000408514000000

Lot Number7

SubdivisionPrestonshire 2

Land UseResidential

Legal DescriptionPRESTONSHIRE 2 BLK C/5482 LT 7 INT202000012783 DD01142020 CO-DC 5482 00C 00700 1005482 00C

Census Tract007702

Assessed Land Value$1,598,000

Assessed Improvement Value$1,152,000

Assessment Year2025

About this property

NEWLY UPDATED 5 BDRM, 5.5 BDRM Stunning Transitional Home! UPSCALE, TASTEFUL and Contemporary $550,000 + FULL RENOVATION in 2014 by Nolen Homes & Interiors. 100 X 188 lot. PIER & BEAM Foundation, Wood Windows, CARRERA MARBLE COUNTERTOPS in all bathrooms. KT has Large Island, White Shaker Cabinets, Leather Finished Granite Countertops, & Subzero & Wolf Appliances. Master has bath W Kohler Tub, Marble Floors & Shower! NEW Pool & Deck - 2014. Recent updates include Roof, all HVAC, Foam Insulation, Plantation Shutters, BOB Fence, Water Heaters, Lighting & Plumbing Fixtures, Interior Painting & Flooring, & Refinished Hardwood Floors. Wet Bar. Study W Fireplace. All BDRM's W En Suite Bathrooms. Gorgeous!!

Investor Tools

$3,127,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,777,866Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$2,448,790

Rent-to-Value Ratio: 0.72%

Rent Estimate

$18,762 /month

Positive

Cash Flow Estimate:

$6,254 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$5,127/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$45,890

$2,750,000

2025

$1,598,000

$1,152,000

$2,750,000

Tax History

Year

Tax Paid

Assessed Value

2024

$45,890

$2,750,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Us Bank Na

Conventional

$1,480,200

First

Sep 8, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,349,134

$1,777,866

56%

43%

$8,875/mo

Learn About the Market: Opportunity in Dallas

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