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$175,000

5300 Keller Springs Road Unit 2029, Dallas, TX, 75248

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths915 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$191.26 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCeramic Tile, Laminate, Luxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size8.60 acres

Building Information

Year Built1982
Roof Type105

Land Information

APN00C59050000H02029
Lot Number4
SubdivisionPrestonwood Green Condos
Land UseResidential
Legal DescriptionPRESTONWOOD GREEN CONDOS BLK A/8707 LT 4 BLDG H UNIT 2029 CE .0051% INT202200241235 DD09022022 CO-DC 8707 00A 004 3008707 00A
Census Tract013620
Assessed Land Value$38,200
Assessed Improvement Value$132,110
Assessment Year2026

About this property

TOP-FLOOR CONDO IN GATED PRESTONWOOD GREEN WITH POOL AND CARPORT! 2 Beds – 1.5 Baths – 915 Sq Ft – Top-Floor Unit – Fireplace – Community Pool. Welcome to Unit 2029 at Prestonwood Green, a gated North Dallas condo community with a pool, clubhouse and tennis courts. This top-floor unit offers 915 square feet with two bedrooms and one and a half baths, a wood-burning fireplace in the living room, granite counters, walk-in closets, a separate laundry room and a private balcony. The primary bedroom has its own en suite bath, and an assigned carport space comes with the unit. The condo is vacant, so a buyer can move in as soon as the sale closes, and you are minutes from the Dallas North Tollway, Preston Road, shopping and dining, all in the Dallas ISD zone.

Investor Tools

$161,234Estimated Mortgage Balance
$9,076Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Matt Solis

Matt Solis Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$390/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,833
$170,310
2026
$38,200
$132,110
$170,310
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,833
$170,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$174,600
No
First
Sep 2, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,234
$9,076
5%
95%
$1,047/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
$1,442/mo
+$308/mo
12.3%

City: Dallas