* Also available for Lease $1049 per month - one months free rent ask for details * This very nicely updated 1 bedroom condo is located on the ground floor * Great view of the lovely pool from the back patio and bedroom windows * Stainless steel appliances in the kitchen * Washer, Dryer, and refrigerator included * 2 inch faux wood blinds * tile flooring in Kitchen and bathroom Wood flooring in living, dining, and bedroom * New kitchen faucet * This condo complex has electronic entry gates to drive in to the parking area and also to access the front walk in gate * Note that the nearby Valley View mall site is planned to become the future home stadium for the Dallas Mavericks *
CondoProperty Type
1983Year Built
3 acresLot Size
$154Price/Sq.Ft.
$277/moHOA Dues
2 spacesParking
Listed by Steven Laesch• Foster Loria, REALTORS, Inc.
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
Market insights
5550 Spring Valley Rd Unit F15 · $104,900
DAYS ON MARKET
108 days
The average home goes pending in 67 days.
SALE-TO-LIST
95.3%
Most homes are selling 5% below list price.
LIST PRICE
$104,900
Median sale price in this area is $259,764. (148% higher than this home)
PRICE DROP
2 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Cable TV available
Walk-in closet(s)
Window coverings
Five total rooms
One living area
One dining area
One level
Bedrooms
Primary bedroom on level 1 (15 x 10)
Bathrooms
One full bathroom
Kitchen
Dishwasher
Electric oven
Electric range
Microwave
Refrigerator
Built-in cabinets
Galley kitchen
Water line to refrigerator
Utility in kitchen
Laundry & utility
Washer hookup
Washer/dryer stacked area
Electric dryer hookup
Laundry located in kitchen
Flooring
Tile flooring
Heating & cooling
Central heating (electric)
Central air (electric)
Ceiling fan(s)
Exterior features
Courtyard
Covered patio/porch
Home design
Residential
Condominium
Attached property
Three total stories
Unit located on floor 1
Building F
Built in 1983
Parking
Carport with 2 spaces
Common parking
Electric gate
Security
Gated community
Smoke detector(s)
Construction
Brick, stucco, and wood construction
Slab foundation
Utilities
City water
City sewer
Electricity connected
Cable available
Community mailbox
Concrete
HOA & community
Mandatory association
Association fee $277 monthly
Association fee includes maintenance of grounds, maintenance of structure, and water
HOA managed by Somerset Assoc. Mgmt (214-239-4535)
Community pool
Gated community pool
Other
Treat as clear loan type (listing terms include Cash and Conventional)
Possession at closing/funding
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 5550 Spring Valley Rd Unit F15
Sale History
Tax History
Date
Event
Price
NTREIS #21328684
Oct 5, 2026
Rental Removed
$1,049
$2/sq ft
Sep 18, 2026
Price Changed
$1,049
$2/sq ft
Jul 31, 2026
Price Changed
$1,099
$2/sq ft
Jul 12, 2026
Listed for Rent
$1,149
$2/sq ft
NTREIS #21328197
Oct 4, 2026
Contingent
—
Sep 17, 2026
Price Changed
$104,900
$154/sq ft
Aug 28, 2026
Price Changed
$109,900
$162/sq ft
Jul 10, 2026
Listed
$124,900
$184/sq ft
Public Records
Apr 29, 2008
Sold
*
Public Records
Jul 24, 1998
Sold
*
Public Records
May 2, 1984
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$3,163 (−9.7%)
$26,790 + $115,280
$142,070
2024
$3,505 (+15.2%)
$26,790 + $130,040
$156,830
2023
$3,043 (+9.4%)
$26,790 + $105,810
$132,600
2021
$2,780 (−2.8%)
$26,790 + $78,610
$105,400
2020
$2,859 (+33.8%)
$26,790 + $78,610
$105,400
2019
$2,138 (−3.9%)
$26,790 + $51,410
$78,200
2018
$2,225 (+60.4%)
$26,790 + $51,410
$78,200
2017
$1,387 (+34.0%)
$10,720 + $40,280
$51,000
2016
$1,035 (+13.4%)
$10,720 + $40,280
$51,000
2015
$913 (+17.2%)
$10,720 + $27,360
$38,080
2014
$779 (+0.3%)
$10,720 + $17,810
$28,530
2013
$777
$10,720 + $17,810
$28,530
2012
$777 (−6.0%)
$10,720 + $17,810
$28,530
2011
$827 (−20.1%)
2010
$1,034
2009
$1,034
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1983
Finished Sq. Ft.
680
Unfinished Sq. Ft.
—
Total Sq. Ft.
680
Year built
1983
Style
Condo/Co-op
County
Dallas County
APN
00C08350000F00F15
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 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.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Office
Golf related
Agriculture-Cropland
Park & open space
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