This 1st floor condo offering 3 bedrooms, 2 baths is a true gem. Excellent location in established, well maintained complex. Preston Racquet Club Condominiums. Reserved Covered parking. With plenty of open parking at your front door. Gated community. Great view of swimming pool out your patio gate. Wonderful neighbors surrounding us. No owner financing. Our real estate attorney will handle everything.
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
5840 Spring Valley Rd · $212,000
DAYS ON MARKET
55 days
The average home goes pending in 76 days.
SALE-TO-LIST
95.9%
Most homes are selling 4% below list price.
LIST PRICE
$212,000
Median sale price in this area is $229,612. (8% higher than this home)
PRICE DROP
0 price drops
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Interior features
Open living area (1,151 total living space)
Exterior features
Located in the Far North Dallas subdivision
Street address: 5840 Spring Valley Rd, Dallas, TX 75254
Home design
Built in 1985
Sale and tax history for 5840 Spring Valley Rd
Sale History
Tax History
Date
Event
Price
FSBO.com #cmpmslnq82ow4s601jbox7bqq
Jul 27, 2026
Price Changed
$212,000
$184/sq ft
Jul 20, 2026
Pending
—
Jul 14, 2026
Price Changed
$211,000
$183/sq ft
Jun 23, 2026
Price Changed
$210,000
$182/sq ft
May 26, 2026
Listed
$199,000
$173/sq ft
RENT. #1
Jun 24, 2022
Price Changed
$1,595
$1/sq ft
Public Records
Nov 29, 2021
Sold
*
NTREIS #14693448
Nov 26, 2021
Listing Removed
—
Nov 24, 2021
Sold
*
Nov 9, 2021
Pending
—
Nov 2, 2021
Contingent
—
Oct 22, 2021
Listed
$159,900
$139/sq ft
Amazing investment opportunity or a perfect first time home. Move-in ready, two story condo with spacious living room, oversized balcony, new carpet and fresh paint throughout. Large eat-in kitchen with breakfast area, and your own utility room with a full size washer-dryer (convey with property). Master suite with walk-in closet, abundance of light and more. 2nd bedroom with a private exterior entrance, ideal for guests. Low monthly HOA includes, community club house, pool, gated entrance, gym, water and trash. Condo comes with one designated covered parking spot. Quick access to 75, Tollway and 635.
NTREIS #13304265
Feb 16, 2016
Sold
*
Jan 31, 2016
Pending
—
Jan 25, 2016
Contingent
—
Jan 20, 2016
Listed
$89,000
$77/sq ft
Terrific condo in gated community in the heart of North Dallas. Large bedrooms, living area and kitchen. Updates include fresh paint, carpet and fixtures. Great fireplace, plenty of closet space and a large balcony. Second floor bedroom has separate outside entrance, ideal for a roommate. Quiet unit in back of complex facing tree-lined open space and pool. Assigned parking space is right in front of unit. All appliances convey with the sale.
Public Records
Mar 2, 2004
Sold
*
NTREIS #10015793
Jan 29, 2004
Listing Removed
—
Dec 8, 2003
Listed
$74,900
$65/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,786 (−0.4%)
$54,950 + $115,080
$170,030
2024
$3,800 (+4.5%)
$54,950 + $115,080
$170,030
2023
$3,637 (+15.7%)
$54,950 + $103,540
$158,490
2022
$3,143 (−5.2%)
$54,950 + $70,750
$125,700
2021
$3,316 (+6.5%)
$54,950 + $70,750
$125,700
2020
$3,114 (+35.3%)
$54,950 + $59,820
$114,770
2018
$2,301 (+4.6%)
$21,980 + $58,900
$80,880
2017
$2,199 (+2.8%)
$21,980 + $58,900
$80,880
2016
$2,140 (+37.4%)
$21,980 + $58,900
$80,880
2015
$1,558 (+8.7%)
$21,980 + $56,720
$78,700
2014
$1,433 (+7.0%)
$21,980 + $30,480
$52,460
2013
$1,339
$21,980 + $30,480
$52,460
2012
$1,338 (+0.7%)
$21,980 + $27,210
$49,190
2011
$1,329 (−18.9%)
2010
$1,639
2009
$1,639
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1981
Finished Sq. Ft.
1,093
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,093
Year built
1981
Style
Condo/Co-op
County
Dallas County
APN
0029N900000A00210
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
Apr 26, 2025 • Final
Commercial electrical
Repair fire damage on a residential building. No structural changes are included.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.