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.
CondoProperty Type
1981Year Built
6.93 acresLot Size
$215Price/Sq.Ft.
$387/moHOA Dues
1 car garageParking
Listed by Stephanie Vaughn• Berkshire HathawayHS PenFed TX
Platinum Corridor, located between Uptown Dallas and Addison, is a mixed-use and office-forward Dallas neighborhood with glassy mid-rise towers and polished retail corridors. The neighborhood’s energy concentrates around the Dallas North Tollway and Belt Line Road, where hotel lobbies, chef-driven dining rooms, and sleek storefronts line the frontage roads. Galleria Dallas anchors the area’s indoor promenade culture, while Addison Improv and WaterTower Theatre add a late-night arts pulse nearby. Architecture leans contemporary—corporate campuses, luxury apartments, and pocketed courtyards—set against wide boulevards and landscaped medians. Daily rhythms orbit shopping, dining, and fitness studios, with trail segments and small parks breaking up the commercial grid.
Provided by Walk Score and Local Logic
Offer insights
5616 Preston Oaks Rd #508 · $224,400
$222K and above
75% chance or better to win
Why $222K+ is a strong offer
DAYS ON MARKET
120 days
The average home goes pending in 68 days.
SALE-TO-LIST
95.1%
Most homes are selling 5% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Open floorplan
Vaulted ceilings
Granite counters
Pantry
Cable TV available
High-speed internet available
Window coverings
Bedrooms
Primary bedroom on level 2 with ensuite bath, walk-in closet and custom closet system
Second bedroom on level 2
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Disposal
Electric cooktop
Electric oven
Electric range
Microwave
Refrigerator
Vented exhaust fan
Breakfast bar
Built-in cabinets
Galley kitchen
Granite countertops
Pantry
Water line to refrigerator
Laundry & utility
Washer
Dryer
Electric dryer hookup
Laundry located in kitchen
Flooring
Luxury vinyl plank
Heating & cooling
Central heating (electric)
Central air
Ceiling fan(s)
Exterior features
Balcony
Courtyard
Patio
Community pool
Community sprinkler
Greenbelt
Clubhouse
Fitness center
Community mailbox
Patio and porch
Home design
Condominium
Attached property
Two stories
Second-floor unit
Smart home features present
Parking
Attached 1-car garage (approx. 10' x 20')
Covered parking space
Additional parking
Garage door opener
Security
Gated community with security gate
Security lights
Fire alarm
Smoke detectors
Carbon monoxide detectors
Construction
Brick construction
Composition roof
Slab foundation
Built in 1981
Utilities
City water
City sewer
Electricity connected
Cable available
HOA & community
Mandatory HOA
Monthly association fee covers front yard maintenance, full use of facilities, grounds maintenance, structure maintenance, management fees, security, sewer and water
HOA managed by Oaks On Montfort
Financial info
Listing terms: Cash or Conventional
Other
Part of Oaks of Montfort Condos community
Complex amenities include clubhouse, pool and fitness center
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 5616 Preston Oaks Rd #508
Sale History
Tax History
Date
Event
Price
NTREIS #21291781
Sep 4, 2026
Relisted
—
Aug 5, 2026
Price Changed
$224,400
$215/sq ft
Jun 11, 2026
Listed
$224,900
$215/sq ft
NTREIS #20977343
Jun 26, 2025
Rental Removed
$1,800
$2/sq ft
Jun 24, 2025
Listed for Rent
$1,800
$2/sq ft
NTREIS #20952360
Jun 10, 2025
Price Changed
$249,000
$238/sq ft
May 30, 2025
Listed
$255,000
$244/sq ft
NTREIS #20835780
Apr 14, 2025
Price Changed
$245,000
$234/sq ft
Mar 30, 2025
Price Changed
$249,900
$239/sq ft
Mar 9, 2025
Listed
$255,000
$244/sq ft
Public Records
Sep 19, 2022
Sold
*
NTREIS #20120430
Sep 15, 2022
Sold
*
Aug 29, 2022
Pending
—
Aug 19, 2022
Contingent
—
Aug 8, 2022
Relisted
—
Aug 2, 2022
Contingent
—
Jul 21, 2022
Listed
$222,500
$213/sq ft
Public Records
Oct 11, 2019
Sold
*
NTREIS #14157834
Sep 26, 2019
Sold
*
Sep 12, 2019
Pending
—
Sep 5, 2019
Contingent
—
Aug 23, 2019
Relisted
—
Aug 17, 2019
Contingent
—
Aug 6, 2019
Listed
$178,900
$171/sq ft
Public Records
Sep 23, 1998
Sold
*
Public Records
May 30, 1995
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$5,583 (+7.5%)
$82,540 + $168,170
$250,710
2024
$5,191 (+20.1%)
$58,960 + $173,290
$232,250
2023
$4,321 (−8.2%)
$58,960 + $129,320
$188,280
2022
$4,708 (+6.6%)
$58,960 + $129,320
$188,280
2021
$4,415 (−2.8%)
$58,960 + $108,400
$167,360
2020
$4,540 (−11.8%)
$58,960 + $108,400
$167,360
2019
$5,147 (+8.1%)
$58,960 + $129,320
$188,280
2018
$4,762 (+24.0%)
$58,960 + $108,400
$167,360
2017
$3,840 (+20.6%)
$23,580 + $117,630
$141,210
2016
$3,185 (+13.3%)
$23,580 + $117,630
$141,210
2015
$2,810 (+11.7%)
$23,580 + $93,570
$117,150
2014
$2,515 (+1.5%)
$23,580 + $68,470
$92,050
2013
$2,478
$23,580 + $68,470
$92,050
2012
$2,476 (−2.6%)
$23,580 + $67,420
$91,000
2011
$2,543 (+8.9%)
2010
$2,335
2009
$2,335
Public record
Public record
Zoning
Beds
2
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1981
Finished Sq. Ft.
1,046
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,046
Year built
1981
Style
Condo/Co-op
County
Dallas County
APN
0029N830000E00508
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.
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