Brand new renovations just completed on this Spacious 2 bed, 2 full bath townhome in a Gated community with prime location (Dallas Mavericks Arena) near all the shopping and dining of The Galleria & Addison Area. Modern Wood like floors throughout, a wood burning fireplace in living area with a bar area and storage under the stairs. Two balconies, one in Living room and one off of the primary bedroom area overlook a serene pool area. Updated Kitchen and both baths feature quartz counters, new cabinetry, tiled backsplash and tub surrounds, decorative mirrors and lighting. Additional bonus is Refrigerator, washer & dryer is included. Additional large outdoor storage area on balcony off of the primary suite. Great location just minutes away from the tollway, 635 and shopping. The water bill is included in the HOA fees. Everything you need or want is at your fingertips with this central location minutes from the Tollway, 635, Addison & within 10 miles from Love Field and the hip Uptown area.
CondoProperty Type
1983Year Built
3 acresLot Size
$247Price/Sq.Ft.
$415/moHOA Dues
Listed by Deborah Jackson• Coldwell Banker Realty Frisco
Preston Hills, located between Preston Road and Hillcrest Road, is a residential and commuter-friendly Dallas neighborhood with curving streets and mature tree canopy. The neighborhood reads as classic North Dallas, with brick ranch homes and larger rebuilds set behind deep lawns. The character concentrates around the Preston Road corridor near Belt Line Road, where coffee counters, chef-driven dining rooms, and polished boutiques set a steady, weekday-to-weekend rhythm. Neighborhood anchors include the Dallas Farmers Market, the Nasher Sculpture Center, and the AT&T Performing Arts Center for gallery days and curtain nights. White Rock Creek Trail adds a long, linear greenway feel for walking and cycling. Major arterials keep the geography connected to shopping districts and cultural venues across the city.
Provided by Walk Score and Local Logic
Offer insights
5550 Spring Valley Rd Unit E23 · $250,000
$248K and above
75% chance or better to win
Why $248K+ is a strong offer
DAYS ON MARKET
20 days
The average home goes pending in 82 days.
SALE-TO-LIST
95.9%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Living
Interior features
Cable TV available
Decorative lighting
High-speed internet available
Two levels
One living area
One dining area
Total of 8 rooms
Wood-burning fireplace (1)
Bedrooms
2 bedrooms total
Primary bedroom with walk-in closet
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Garbage disposal
Electric oven
Microwave
Breakfast bar
Laundry & utility
Appliances contribute to energy efficiency
Flooring
Carpet
Ceramic tile
Stone
Heating & cooling
Central heating (electric)
Central air (electric)
Ceiling fans
Exterior features
Balcony
Gate and metal fencing
Community pool
Home design
Condominium (residential)
Unit located on the 2nd floor
Parking
Parking lot with unassigned spaces
No garage or covered/carport spaces listed
Security
Burglar system
Gated community
Smoke detectors
Construction
Built in 1983
Stucco construction
Utilities
City water
City sewer
Community mailbox
Not in a municipal utility district
HOA & community
Mandatory association
Monthly HOA fee covers water, sewer, structure maintenance, management fees and full use of facilities
HOA managed by Somerset Association Management
Other
Property is part of a multi-parcel setup
Subdivision: Casa Blanca Condo
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 5550 Spring Valley Rd Unit E23
Sale History
Tax History
Date
Event
Price
NTREIS #21212647
Aug 18, 2026
Listed for Rent
$1,800
$2/sq ft
Mar 29, 2026
Rental Removed
$1,695
$2/sq ft
Mar 19, 2026
Listed for Rent
$1,695
$2/sq ft
NTREIS #21212671
Aug 17, 2026
Price Changed
$250,000
$247/sq ft
Aug 17, 2026
Relisted
—
Mar 18, 2026
Listed
$215,000
$212/sq ft
NTREIS #11459275
Nov 26, 2010
Listing Removed
—
Aug 13, 2010
Listed
$89,900
$89/sq ft
Public Records
Sep 8, 2000
Sold
*
Public Records
Jul 22, 1991
Sold
*
Public Records
Aug 1, 1983
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$4,365 (−17.3%)
$39,860 + $156,160
$196,020
2024
$5,275 (+42.0%)
$39,860 + $196,150
$236,010
2023
$3,716 (−8.2%)
$39,860 + $122,060
$161,920
2022
$4,049 (+26.4%)
$39,860 + $122,060
$161,920
2021
$3,204 (−2.8%)
$39,860 + $81,580
$121,440
2020
$3,295 (+19.1%)
$39,860 + $81,580
$121,440
2019
$2,766 (−3.9%)
$39,860 + $61,340
$101,200
2018
$2,879 (+23.1%)
$39,860 + $61,340
$101,200
2017
$2,339 (+37.1%)
$15,940 + $70,080
$86,020
2016
$1,706 (+18.3%)
$15,940 + $70,080
$86,020
2015
$1,442 (+7.2%)
$15,940 + $46,800
$62,740
2014
$1,345 (+0.3%)
$15,940 + $33,290
$49,230
2013
$1,340 (−6.4%)
$15,940 + $33,290
$49,230
2012
$1,432 (+0.7%)
$15,940 + $33,290
$49,230
2011
$1,421 (−26.6%)
2010
$1,937
2009
$1,937
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1983
Finished Sq. Ft.
1,012
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,012
Year built
1983
Style
Condo/Co-op
County
Dallas County
APN
00C08350000E00E23
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 11, 2026.
MF-1(A)
Multifamily District 1
The MF-1(A) districts are composed mainly of areas containing mixtures of single family, duplex, and multifamily dwellings and certain uniformly developed multifamily dwelling sections. These districts are medium density districts and are located in certain areas close into the center of the city and at various outlying locations. The area regulations are designed to protect the residential character and to prevent the overcrowding of the land by providing minimum standards for building spacing, yards, off-street parking, and coverage. All commercial and office uses are prohibited. It is anticipated that additional areas may be designated in the MF-1(A) district from time to time in the future where the change is appropriate and access and utility services can reasonably accommodate these medium density dwellings. Additionally, the district is created to encourage the provision of affordable housing.
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