Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$203,500

5616 Preston Oaks Road 1605, Dallas, TX, 75254

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths844 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$241.11 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator

Exterior

Exterior FeaturesCourtyard, Private Yard
Lot Size6.93 acres

Building Information

Year Built1982
Roof Type105
Garage Spaces1

Land Information

APN0029N830000P01605
Lot Number2
SubdivisionOaks On Montfort Ph Ii Iii & Iv
Land UseResidential
Legal DescriptionOAKS ON MONTFORT PH II III & IV BLK B/7010 PT LOT 2 BLDG P UNIT 1605 & CE .630% INT202400161838 DD08122024 CO-DC 7010B000 002
Census Tract013629
Assessed Land Value$66,580
Assessed Improvement Value$141,350
Assessment Year2026

About this property

Discover your own private North Dallas retreat where style, comfort and convenience come together. Whether you're a busy professional seeking an easy commute, a first-time buyer or looking to downsize without sacrificing quality, this beautifully maintained one-story condo is the perfect fit. Step inside to light-filled living spaces featuring sleek flooring, a crisp white kitchen with granite countertops, stainless steel appliances and abundant cabinetry. A stunning two-sided fireplace creates a warm focal point, seamlessly connecting the flexible entry space and living area—ideal for relaxing evenings or entertaining guests. The spacious primary suite is a true sanctuary, complete with a full wall of custom built-ins and an updated ensuite bath featuring an oversized vanity and walk-in shower. Rare condo amenities include a private one-car garage with direct access and a fenced backyard, providing the privacy and convenience that are hard to find. Enjoy resort-style living in a gated community with sparkling pools and beautifully maintained grounds, all just minutes from the Galleria, premier shopping, exceptional dining, major employers, and North Dallas entertainment. Stylish, low-maintenance living in an unbeatable location—this is the one you've been waiting for! Buyer and Buyer's Agent to verify schools and all information provided. Property also marketed for Lease - MLS# 21328709 - $1,800.00

Investor Tools

$197,607Estimated Mortgage Balance
$10,323Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

Interested in this property?

Brenda Byboth

Jeanie Marten Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
$307/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,630
$207,930
2026
$66,580
$141,350
$207,930
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,630
$207,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$205,640
No
First
Aug 12, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,607
$10,323
4%
95%
$1,233/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,540/mo
$-70/mo
8.5%

City: Dallas

5616 Preston Oaks Road 1605 | Property Details | No Agent List