- Dallas County
- Dallas TX
- 75254
- Local Area: Oaks On Montfort Condos
Property Overview
SELLER OFFERING UP TO $1,000 TOWARD BUYER CLOSING COSTS OR INTEREST-RATE BUYDOWN WITH AN ACCEPTABLE OFFER!
Beautiful 2 Bedroom, 2 Full Bath Condo Featuring a Garage with Direct Access to a Private Courtyard in a Secure Gated Community!
This move in ready condo has an abundance of natural light from two skylights and large windows. Enjoy the cozy wood-burning fireplace, smart thermostat, and advanced smart-home features throughout.
The front door is equipped with a Lockly smart lock system featuring motion detection, built in camera, microphone, and remote access capabilities, allowing you to monitor and unlock the door from anywhere. The MyQ smart garage door opener also provides convenient remote access and control from your smartphone. The garage opens directly into a private locked courtyard, providing an added layer of security, privacy, and convenience.
Recent updates include a NEW HVAC system with a 10-year warranty, beautifully updated stairs and paint. The kitchen comes fully equipped, and the refrigerator plus built in washer and dryer will convey with the property. You'll also appreciate the generous storage throughout, including a walk-in attic.
Relax on your private patio or take advantage of the community's exceptional amenities, including two pools, a spa, clubhouse, and green space perfect for pets.
Ideally situated in North Dallas, this home is just minutes from the Dallas North Tollway, I-635, premier shopping, dining, and entertainment. It is also just minutes away from the proposed future DALLAS MAVERICKS arena and entertainment district!
The HOA covers water, trash, exterior maintenance of the building (including the roof and patio), as well as maintenance of the grounds and common areas.
Featured spaces
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Property highlights
Year Built 1981
School District Dallas Isd
HOA $387 Monthly
Pool Pool
Parking 1-car garage, 1 covered
Gated Gated community
Architecture Traditional
Acreage Estate 6.93 acres
Fireplace 1 Fireplaces
Full Property Details
Property Details
Quick Details
- Price $224,400
- 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 # 21291781
Overview
- Property Type Residential
- Property Subtype Condominium
- County Dallas
- Subdivision Oaks On Montfort Condos
- Days on Market 108
Home Details
- Full Baths 2
- Half Baths 0
- Foundation Slab
- Roof Composition
- Flooring Luxury Vinyl Plank
- Heating Central, Electric
- Cooling Central Air, Ceiling Fans
Kitchen & Interior
- Appliances Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Washer
- Interior Features Granite Counters, High Speed Internet, Open Floorplan, Pantry, Cable Tv, Vaulted Ceilings
- Fireplaces 1
- Fireplace Features Masonry, Wood Burning
Lot & Exterior
- Lot Features Sprinkler System
- Exterior Features Balcony, Courtyard
- Pool Features Pool, Community
Parking
- Parking Additional Parking, Garage, Garage Door Opener
- Garage Spaces 1
- Covered Parking 1
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $5,191
- HOA Fee $387 Monthly
- HOA Includes All Facilities, Association Management, Maintenance Grounds, Maintenance Structure, Sewer, Security, Trash, Water
Utilities
- Utilities Electricity Connected, 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 06/11/2026
- Source Updated 10/01/2026
- Last Updated 10/07/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 5616 Preston Oaks Road #508
Dallas Central Appraisal District records for 5616 Preston Oaks Road #508, Dallas, TX 75254 show a CAD market value of $250,710 and a net appraised value of $250,710. 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 #508, 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 $168,170 = CAD Market Value $250,710
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: $168,170 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 $250,710 − All Current CAD Reductions $0 = Current Taxed Starting Point $250,710
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 |
$250,710 | — | — | — | — |
|
School District
DALLAS ISD |
$250,710 | — | — | — | — |
|
County
DALLAS COUNTY |
$250,710 | — | — | — | — |
|
College
DALLAS COLLEGE |
$250,710 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$250,710 | — | — | — | — |
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 | $58,960 | $108,400 | $167,360 | — | -$20,920 / -11.11% |
| 2021 | $58,960 | $108,400 | $167,360 | — | — |
| 2022 | $58,960 | $129,320 | $188,280 | — | +$20,920 / +12.50% |
| 2023 | $58,960 | $129,320 | $188,280 | — | — |
| 2024 | $58,960 | $173,290 | $232,250 | $225,936 | +$43,970 / +23.35% |
| 2025 | $82,540 | $168,170 | $250,710 | — | +$18,460 / +7.95% |
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 $224,400 − Current CAD Market Value $250,710 = Under CAD Value -$26,310 (-10.5%)
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.