5616 Preston Oaks Road #202 Dallas, TX 75254
- Dallas County
- Dallas TX
- 75254
- Local Area: Oaks On Montfort Condos
Property Overview
Seller is offering Up to $5,000 toward buyer closing cost, prepaids or rate buy down contingent upon receiving a full list price offer. Welcome to an inviting 2-bedroom, 2-bath condo in the Oaks at Montfort gated community in North Dallas. This desirable second-floor end unit offers added privacy with no neighbors above and enjoys a prime location just steps from the community pool, mailroom, and entrance gate.
Step inside to discover a bright and open living space centered around a cozy fireplace, creating the perfect setting for relaxing evenings or entertaining guests. The well-appointed kitchen features granite countertops, stainless steel appliances, and a convenient stacked washer and dryer, blending style and functionality for everyday living.
Unwind on your private balcony with your morning coffee or evening beverage, and enjoy the added convenience of a one-car garage for secure parking and extra storage.
Ideally situated in the heart of North Dallas, this home places you minutes from premier shopping, dining, and entertainment destinations, with easy access to major highways for a seamless commute. Whether you're a first-time buyer, downsizing, or seeking a low-maintenance lifestyle, this charming condo offers comfort, and convenience, in an exceptional location.
Don't miss the opportunity to make this wonderful condo your new home!
Property is owned by an LLC in which listing agent and spouse hold 100% combined ownership.
Featured spaces
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Property highlights
Year Built 1981
School District Dallas Isd
HOA $420 Monthly
Pool Pool
Parking 1-car garage, 1 covered
Acreage Estate 6.93 acres
Fireplace 1 Fireplaces
Neighborhood Oaks On Montfort Condos
Full Property Details
Property Details
Quick Details
- Price $224,900
- Status Active
- Bedrooms 2
- Bathrooms 2
- Square Feet 1,046 Sq Ft
- Lot Size 6.93 acres
- Lot Size Sq Ft 301,958
- Year Built 1981
- Price / Sq Ft $215 / Sq Ft
- MLS # 21384890
Overview
- Property Type Residential
- Property Subtype Condominium
- County Dallas
- Subdivision Oaks On Montfort Condos
- Days on Market 35
Home Details
- Full Baths 2
- Half Baths 0
Kitchen & Interior
- Appliances Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Interior Features Granite Counters
- Fireplaces 1
- Fireplace Features Living Room
Lot & Exterior
- Pool Features Pool, Community
Parking
- Parking Garage Faces Front
- Garage Spaces 1
- Covered Parking 1
- Attached Garage No
Taxes & HOA
- Annual Taxes $5,923
- HOA Fee $420 Monthly
- HOA Includes Association Management, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
Utilities
- Utilities Cable Available, Electricity Connected, Sewer Available, Water 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 09/12/2026
- Source Updated 10/16/2026
- Last Updated 10/21/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 5616 Preston Oaks Road #202
Dallas Central Appraisal District records for 5616 Preston Oaks Road #202, Dallas, TX 75254 show a CAD market value of $266,000 and a net appraised value of $266,000. 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 #202, 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 $82,540 + Improvement Value $183,460 = CAD Market Value $266,000
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: $183,460 Total Area: 1046 Sqft Living Area: 1046 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.
No standard exemptions or CAD reductions were detected in the current record.
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 $266,000 − All Current CAD Reductions $0 = Current Taxed Starting Point $266,000
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 |
$266,000 | 0.6988 | $1,859 | — | $1,859 |
|
School District
DALLAS ISD |
$266,000 | 0.9938 | $2,644 | — | $2,644 |
|
County
DALLAS COUNTY |
$266,000 | 0.2155 | $573 | — | $573 |
|
College
DALLAS COLLEGE |
$266,000 | 0.1066 | $283 | — | $283 |
|
Hospital District
PARKLAND HOSPITAL |
$266,000 | 0.2120 | $564 | — | $564 |
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
Est. Taxes (No Exemptions) $5,923 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $5,923
The current CAD record does not establish an exemption tax savings calculation. A buyer’s future tax bill may differ.
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 |
|---|---|---|---|---|---|
| 2021 | $58,960 | $134,550 | $193,510 | — | — |
| 2022 | $58,960 | $150,240 | $209,200 | — | +$15,690 / +8.11% |
| 2023 | $58,960 | $150,240 | $209,200 | — | — |
| 2024 | $58,960 | $204,800 | $263,760 | — | +$54,560 / +26.08% |
| 2025 | $82,540 | $183,460 | $266,000 | — | +$2,240 / +0.85% |
| 2026 | $82,540 | $183,460 | $266,000 | — | — |
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 $224,900 − Current CAD Market Value $266,000 = Under CAD Value -$41,100 (-15.5%)
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 CONDOS
A curated look at local favorites, everyday stops, and lifestyle context near this property.