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$145,000

5300 Keller Springs Road 2055, Dallas, TX, 75248

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths915 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$158.47 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyMust-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Private PoolPrivate Pool
Lot Size8.60 acres

Building Information

Year Built1982
Roof Type105

Land Information

APN00C59050000N02055
Lot Number4
SubdivisionPrestonwood Green Condos
Land UseResidential
Legal DescriptionPRESTONWOOD GREEN CONDOS BLK A/8707 LOT 4 BLDG N UNIT 2055 CE.0051% INT201700314248 DD11022017 CO-DC 8707 00A 004 3008707 00A
Census Tract013620
Assessed Land Value$38,200
Assessed Improvement Value$122,460
Assessment Year2026

About this property

Discover the potential of this completely remodeled perfectly located condo in the heart of North Dallas-Addison area. All new floors (6-2026), fresh paint (6-2026), New hardware and Lights, new ceiling fans, Bathrooms remodels, new toilets, new balcony screen door, etc. Offering easy access to the Dallas North Tollway and George Bush Turnpike, putting you within minutes of Addison’s renowned dining, entertainment, and shopping options. This 2 bedroom 1.5 bath is priced below market value, presenting a unique opportunity to customize and build equity quickly. Whether you're a first-time homebuyer or an investor, the potential for high rental demand and strong cash flow makes this a compelling deal. The community features amenities such as a pool and clubhouse, enhancing livability. This condo can be your new charming home or a profitable addition to your portfolio. Don’t miss out on this hidden gem!

Investor Tools

$37,761Estimated Mortgage Balance
$124,239Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$972 /month
Positive
Cash Flow Estimate:
$324 /month

Interested in this property?

Amin Rad

Solto Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,482
$160,660
2026
$38,200
$122,460
$160,660
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,482
$160,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$72,427
Yes
First
Feb 6, 2008
Mar 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$37,761
$124,239
76%
23%
$435/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,810/mo
$830/mo
+$980/mo
13.4%

City: Dallas

5300 Keller Springs Road 2055 | Property Details | No Agent List