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$889,000

5909 Luther Lane Unit 2104, Dallas, TX, 75225

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,382 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$373.22 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Refrigerator, Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
FlooringCarpet, Travertine, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.52 acres

Building Information

Year Built1983
Roof Type172
Garage Spaces3

Land Information

APN00C67770000A02104
Lot Number10A,9A
SubdivisionThe Shelton Condominiums
Land UseResidential
Legal DescriptionTHE SHELTON CONDO BL2/5625 LT9A,10A,11,12 AC 1.5152 BLDG A UNIT 2104 CE 1.22% INT202200054138 DD02222022 CO-DC 5625 002 09A00
Census Tract007301
Assessed Land Value$120,780
Assessed Improvement Value$891,570
Assessment Year2026

About this property

Enjoy effortless, lock-and-leave luxury in this spacious 21st-floor condominium, ideally located in the highly sought-after Highland Park ISD. Featuring 3 bedrooms and 3 full baths, this residence offers breathtaking, unobstructed views of North Dallas, along with the convenience of 24-hour front desk concierge service. Preston Center’s premier shopping, dining, and neighborhood conveniences are just a short walk away.The well-appointed kitchen features stainless steel appliances, two ovens, granite countertops, and an open layout that flows seamlessly into the living and dining areas - perfect for entertaining. The spacious primary suite offers a seating area a private balcony, luxurious bath with dual sinks, two walk-in closets, a separate shower, and a jetted soaking tub.Freshly painted and move-in ready, the residence includes remote-controlled window shades throughout, 3 assigned garage parking spaces, and 2 generously sized storage units. Enjoy an exceptional collection of on-site amenities, including valet parking, a fitness center, heated resort-style pool, and clubhouse - all designed to complement a carefree, upscale lifestyle.

Investor Tools

$0Estimated Mortgage Balance
$1,012,350Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,074 /month
Positive
Cash Flow Estimate:
$2,025 /month

Interested in this property?

Laura Graves

Allie Beth Allman & Assoc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,175/month
$2,382/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,035
$1,012,350
2026
$120,780
$891,570
$1,012,350
No

Tax History

Year
Tax Paid
Assessed Value
2026
$21,035
$1,012,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,012,350
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$2,382/mo
+$288/mo
3.2%

City: Dallas

5909 Luther Lane Unit 2104 | Property Details | No Agent List