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$229,999

5616 Preston Oaks Road Unit 1301, Dallas, TX, 75254

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths891 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$258.14 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size6.93 acres

Building Information

Year Built1982
Roof Type105
Garage Spaces1

Land Information

APN0029N830000M01301
Lot Number2
SubdivisionOaks On Monfort Ph Ii & Iii & Iv
Land UseResidential
Legal DescriptionOAKS ON MONFORT PH II & III & IV BLK B/7010 PT LOT 2 BLDG M UNIT 1301 & CE .665% INT202200229150 DD08182022 CO-DC 7010 00B
Census Tract013629
Assessed Land Value$70,280
Assessed Improvement Value$161,950
Assessment Year2026

About this property

Welcome home to this well maintained first-floor garden condo in the heart of North Dallas. Newly remodeled, The inviting floor plan features a spacious living room with a fireplace, new red oak hardwood flooring, and crown molding throughout. The kitchen opens to a cozy eat-in dining area, while the private outdoor retreat offers a landscaped yard, perfect for relaxing or entertaining. The versatile secondary bedroom can easily serve as a home office or study, and the attached garage includes convenient built-in attic storage for added functionality. Residents enjoy access to a gated community with exceptional amenities, including two swimming pools, and an outdoor kitchen. Located 5 minutes from the Galleria and Addison, both of which have excellent shopping and dining options. You're 20 minutes to DFW and Love Field. A nearby bike trail, with easy access to major highways for convenient commuting throughout the Metroplex. Updates include: New HVAC with 10 yr warranty, Freshly painted, new light fixtures, new garage door motor. All furniture, rugs, washer, dryer, refrigerator and TV's convey with an ACCEPTABLE offer. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home. Click the Virtual Tour link to view the 3D walkthrough.

Investor Tools

$0Estimated Mortgage Balance
$232,230Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,393 /month
Positive
Cash Flow Estimate:
$464 /month

Interested in this property?

Seth Knight

Orchard Brokerage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$349/month
$358/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,030
$232,230
2026
$70,280
$161,950
$232,230
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,030
$232,230

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$232,230
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$358/mo
+$1,592/mo
10.1%

City: Dallas

5616 Preston Oaks Road Unit 1301 | Property Details | No Agent List