tomo logo

$280,000

Beds
2
Baths
2.0
sq ft
1,265

5616 Preston Oaks Rd Unit 1108, Dallas, TX 75254

5616 Preston Oaks Rd Unit 1108

Dallas, TX 75254

  • <1 day on market
FANTASTIC GATED PROPERTY IN THE HEART OF NORTH DALLAS! Are you looking for peace and serenity in the center of all the activity? This is the property for you! Entrance is on the ground level. Living area has bamboo floors and covered balcony access. Two bedroom, two bath with walk-in closets in both. One bedroom is a loft type, so numerous options there. Double-sided fireplace in living area to dining area. The kitchen provides ample cabinets and counter space along with fabulous concrete countertops and island - GREAT space for entertaining. All windows were replaced in 2023. HVAC replaced in 2022. Detached 1-car garage, gated courtyard. TWO swimming pools available to enjoy in the warm summer months! So much to do in the surrounding area - hundreds of restaurants, movie theater, shopping etc. Easy access to Dallas North Tollway and 635. This is an exceptional opportunity! Make it YOURS!!

Details

Property type

Condominium

Est. home value

$253,041

Lot size

6.932 acres

Price per sq ft

$222

Year built

1982

Annual property taxes

$5,822

Monthly HOA fee

$469

Price History

02/28/2025
NTREIS

NTREIS #20855923

Listed
$280,000
03/08/2021
NTREIS

NTREIS #14494917

Removed

Schools & Community

Neighborhood: 

Far North

Elementary school: 

Frank Guzick

Middle school: 

Benjamin Franklin

High school: 

Hillcrest

Community features: 

Pool, Gated, Clubhouse, Curbs

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

$99,175
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$158,425
Cash to seller
$99,175

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

March 2021

Original loan amount

$173,755

Est. remaining balance

$158,425

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Carey Paul Hofferber

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?

Status: Active

Tomo last checked: 02/28/2025 at 4:10 PM

Listing updated: 02/28/2025 at 11:47 AM

Listed by: Mary Brown, Better Homes and Gardens Real Estate, Winans Phone #: (972) 774-9888

MLS: NTREIS #20855923

NTREIS logo

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