5840 Spring Valley Rd #503 is a 1,157 square foot condo with 3 bedrooms and 2 bathrooms. Based on Redfin's Dallas data, we estimate the home's value is $164,356.
CondoProperty Type
1981Year Built
$142Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$164,356
$1,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 23.2% lower than the average sale price ($214K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,502 (−7.3%)
$58,260 + $99,000
$157,260
2024
$3,779 (+9.5%)
$58,260 + $110,840
$169,100
2023
$3,452 (+2.0%)
$58,260 + $92,150
$150,410
2022
$3,385 (−5.2%)
$58,260 + $77,110
$135,370
2021
$3,571 (+33.1%)
$58,260 + $77,110
$135,370
2020
$2,684 (+3.6%)
$58,260 + $40,660
$98,920
2019
$2,591 (+6.3%)
$58,260 + $36,510
$94,770
2018
$2,436 (+4.6%)
$23,300 + $62,320
$85,620
2017
$2,328 (+32.2%)
$23,300 + $62,320
$85,620
2016
$1,761 (+23.4%)
$23,300 + $62,320
$85,620
2015
$1,427 (+5.0%)
$23,300 + $41,490
$64,790
2014
$1,359 (+34.8%)
$23,300 + $26,450
$49,750
2013
$1,008
$23,300 + $26,450
$49,750
2012
$1,007 (+0.7%)
$23,300 + $13,720
$37,020
2011
$1,000 (+1.9%)
2010
$981
2009
$981
Tax history for 5840 Spring Valley Rd #503
Year
Property tax
Land + Additions
Assessment*
2025
$3,502 (−7.3%)
$58,260 + $99,000
$157,260
2024
$3,779 (+9.5%)
$58,260 + $110,840
$169,100
2023
$3,452 (+2.0%)
$58,260 + $92,150
$150,410
2022
$3,385 (−5.2%)
$58,260 + $77,110
$135,370
2021
$3,571 (+33.1%)
$58,260 + $77,110
$135,370
2020
$2,684 (+3.6%)
$58,260 + $40,660
$98,920
2019
$2,591 (+6.3%)
$58,260 + $36,510
$94,770
2018
$2,436 (+4.6%)
$23,300 + $62,320
$85,620
2017
$2,328 (+32.2%)
$23,300 + $62,320
$85,620
2016
$1,761 (+23.4%)
$23,300 + $62,320
$85,620
2015
$1,427 (+5.0%)
$23,300 + $41,490
$64,790
2014
$1,359 (+34.8%)
$23,300 + $26,450
$49,750
2013
$1,008
$23,300 + $26,450
$49,750
2012
$1,007 (+0.7%)
$23,300 + $13,720
$37,020
2011
$1,000 (+1.9%)
2010
$981
2009
$981
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Property details
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Central
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Slab
Exterior Wall: Brick Veneer
Roof Shape Type: Gable
Building Type: Single Family
Building Improvement Type: Condo Apartment
Property Information
Subdivision Name: PRESTON RACQUET CLUB CONDO
Living Sq. Ft: 1,157
Building Sq. Ft: 1,157
# of Stories: 1
Stories Type: 1
Legal Description: PRESTON RACQET CLUB CONDOS BLK B/7417 LOT 1 BLDG D UNIT 503 CE 0.600%
Lot Information
# of Buildings: 1
Land Sq. Ft: 388,368
Legal Lot Number: 1
Legal Block Number: B7417
Municipality Type: DA
Municipality Name: DALLAS
Acres: 8.9157
Zoning Code: Z163
County Use Description: SFR - CONDOMINIUMS
Utility Information
Electricity / Wiring Type: Available
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2025
Tax District County: DALLAS COUNTY
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,157
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1981
Year Renovated: 1981
County: Dallas County
APN: 0029N900000D00503
Home facts updated by county records on Aug 17, 2026
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