- Dallas County
- Dallas TX
- 75254
- Local Area: Oaks On Montfort Ph 02 & 03 & 04
Property Overview
Rare first-floor, one-bedroom condo in the established gated community of Oaks on Montfort! Enter through your own private courtyard and step into a light-filled, open-concept living space with abundant windows that create a bright and inviting atmosphere. The galley kitchen features stainless steel appliances, a pantry, and overlooks the dining area—perfect for both everyday living and entertaining. The spacious living room offers built-in bookshelves and a cozy wood-burning fireplace for those cooler evenings. Enjoy relaxing in your generously sized private yard—an uncommon find for condo living. The home also includes a single-car garage with additional storage space. Residents of this gated community enjoy access to two swimming pools, one with a covered area to grill and entertain your family and friends. Ideally located with convenient access to Addison, the Galleria Dallas, the Dallas North Tollway, and Interstate 635, offering endless dining, shopping, and commuting convenience. Recent Updates: Light Fixtures, Interior Paint - 2026, Windows – 2025, Air Conditioning System – 2024, and Stove – 2020. Move-in ready and perfectly located—don’t miss this opportunity!
Featured spaces
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Property highlights
Year Built 1982
School District Dallas Isd
HOA $283 Monthly
Pool Yes
Parking 1-car garage, 1 covered
Gated Gated entry
Architecture Traditional
Acreage Estate 6.93 acres
Fireplace 1 Fireplaces
Full Property Details
Property Details
Quick Details
- Price $194,500
- Status Active
- Bedrooms 1
- Bathrooms 1
- Square Feet 706 Sq Ft
- Lot Size 6.93 acres
- Lot Size Sq Ft 301,958
- Year Built 1982
- Price / Sq Ft $275 / Sq Ft
- MLS # 21300889
Overview
- Property Type Residential
- Property Subtype Condominium
- County Dallas
- Subdivision Oaks On Montfort Ph 02 & 03 & 04
- Days on Market 106
Home Details
- Full Baths 1
- Half Baths 0
- Foundation Slab
- Roof Composition
- Flooring Carpet, Ceramic Tile
- Heating Central, Electric, Fireplaces
- Cooling Central Air, Ceiling Fans, Electric
Kitchen & Interior
- Appliances Dishwasher, Electric Range, Disposal, Microwave
- Interior Features Built In Features, High Speed Internet, Pantry, Cable Tv
- Fireplaces 1
- Fireplace Features Electric, Living Room, Wood Burning
Lot & Exterior
- Lot Features Corner Lot, Interior Lot, Landscaped, Many Trees, Subdivision, Sprinkler System
- Exterior Features Courtyard, Private Yard, Rain Gutters
- Fencing Back Yard, Fenced, Gate, Perimeter, Wrought Iron
- Pool Features Community
Parking
- Parking Door Single, Garage Faces Front, Garage, Garage Door Opener, Kitchen Level
- Garage Spaces 1
- Covered Parking 1
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $3,856
- HOA Fee $283 Monthly
- HOA Includes All Facilities, Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Anne Frank — Dallas ISD
- Middle Benjamin Franklin — Dallas ISD
- High Hillcrest — Dallas ISD
Listing Information
- MLS Board NTREIS
- List Date 06/20/2026
- Source Updated 10/02/2026
- Last Updated 10/12/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 5616 Preston Oaks Road #1405
Dallas Central Appraisal District records for 5616 Preston Oaks Road #1405, Dallas, TX 75254 show a CAD market value of $173,150 and a net appraised value of $169,791. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Dallas Central Appraisal District property-tax and appraisal records for 5616 Preston Oaks Road #1405, Dallas, TX 75254, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Dallas Central Appraisal District Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $55,700 + Improvement Value $117,450 = CAD Market Value $173,150
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
MAIN DWELLING
Value: $117,450 Total Area: 706 Sqft Living Area: 706 Sqft
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
Statutory 10% limitation on annual increase in appraised value for qualifying residence homestead (Texas Tax Code § 23.23). This is an appraisal-stage limitation, not a local taxing jurisdiction exemption.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $173,150 − All Current CAD Reductions -$3,359 = Current Taxed Starting Point $169,791
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
City
DALLAS |
$135,833 | — | — | — | — |
|
School District
DALLAS ISD |
$12,812 (H) | — | — | — | — |
|
County
DALLAS COUNTY |
$135,833 | — | — | — | — |
|
College
DALLAS COLLEGE |
$135,833 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$135,833 | — | — | — | — |
(H) Taxable reduction reflected in school district taxable value.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
6. Estimated Tax Bottom Line
Tax estimates are currently unavailable or not certified as a single unified scalar for this record. Tax rates and taxable values vary by taxing jurisdiction.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2020 | $39,780 | $90,830 | $130,610 | $105,429 | +$3,530 / +2.78% |
| 2021 | $39,780 | $90,830 | $130,610 | $115,971 | — |
| 2022 | $39,780 | $101,420 | $141,200 | $127,568 | +$10,590 / +8.11% |
| 2023 | $39,780 | $101,420 | $141,200 | $140,324 | — |
| 2024 | $39,780 | $127,270 | $167,050 | $154,356 | +$25,850 / +18.31% |
| 2025 | $55,700 | $117,450 | $173,150 | $169,791 | +$6,100 / +3.65% |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $194,500 − Current CAD Market Value $173,150 = Over CAD Value +$21,350 (+12.3%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND OAKS ON MONTFORT PH 02 & 03 & 04
A curated look at local favorites, everyday stops, and lifestyle context near this property.