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$300,117Estimated home value

Beds
2
Baths
2.0
sq ft
1,287

5565 Preston Oaks Rd Unit 242, Dallas, TX 75254

5565 Preston Oaks Rd Unit 242

Dallas, TX 75254

  • Sold On 12/18/2018
Beautifully updated 2 story condo with a LOFT in GATED COMMUNITY. Home is 2 bedrooms, 2 bath and also features a fully enclosed SUNROOM looking out into the creek and greenbelt. Both bedrooms have huge closets and their own bathroom with new toilets. The kitchen has gorgeous countertops and stainless steel appliances. The community offers a fabulous pool, tennis courts and secured entrance. Unit comes with its own 1 car GARAGE plus an assigned space out front. Conveniently located just minutes from several major highways, this home is perfect for any commute. HOA fee includes water, trash and sewer. Roof replaced by HOA in 2013.

Details

Property type

Condominium

Est. home value

$300,117

Lot size

7.606 acres

Price per sq ft

$168

Year built

1983

Annual property taxes

$4,899

Monthly HOA fee

$317

Price History

03/12/2025
NTREIS

NTREIS #20712044

Removed
11/18/2024
NTREIS

NTREIS #20712044

Price change
$264,900
-5.36%
09/14/2024
NTREIS

NTREIS #20712044

Price change
$279,900
-6.7%

Schools & Community

Neighborhood: 

Far North

Elementary school: 

Frank

Middle school: 

Marsh

High school: 

White

Community features: 

Pool, Clubhouse, Gated, Tennis Court(s)

School district: 

Dallas ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$54,058
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$143,742
Cash to seller
$54,058

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

July 2022

Original loan amount

$166,000

Est. remaining balance

$143,742

Interest rate

4.31%

Loan type

New Conventional, 15 year

Seller

Catherine Higginbotham

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 04/05/2025 at 6:35 AM

Listing updated: 10/02/2023 at 8:09 AM

Listed by: Rachel Holmquist, Holmquist & Associates Realty Phone #: (972) 937-7999

MLS: NTREIS #13953679

NTREIS logo

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