FORECLOSURE -- 3% FIXED INTEREST RATE With SUB TO MORTGAGE -- Distressed Seller -- Priced $100, 000 UNDER MARKET VALUE!! Preston Towers has long been one of the most recognized high-rise buildings in the Preston Hollow area. Unit 2401 is a corner, south facing home on the 24th floor with the largest floor plan in the building and nearly 1, 700 sqft living space. Two 30 ft balconies look out toward downtown Dallas and the sunset side of the city. The views are the kind people never forget. This is a move in ready 3 bedroom, 3 bathroom home with an open layout, large living area, and floor to ceiling glass that fills the space with abundant natural light. The unit was renovated in 2021 and includes marble floors, granite countertops, custom cabinets, expansive sliding glass doors, and more. Plus 2 assigned garage parking spaces. Guest parking is available as well. The building offers a long list of services and amenities which include a coffee shop, bar, restaurant, pickleball, pool, game room, lounges, library, on site staff, and secure entry. It is known for safety, comfort, and convenience. The location sits close to Preston Center, NorthPark, the shops and food in Preston Hollow, and a short drive to some of the most visited spots in North Dallas. This is also one of the rare subject to opportunities left in Dallas with a fixed 3% interest rate. That alone gives a buyer a payment that is almost impossible to duplicate in the current market. The seller priced this home at $450, 000 which is -- $100, 000 under its market value -- AS IS. It is the lowest price per square foot for a move in ready & renovated unit in Preston Towers in more than five years. For buyers who want high rise living in a prime Dallas location with a RARE 3% INTEREST RATE at a HUGE Discount, this is the one!! Don't blink, this deal will be gone...
Property Features
Bedrooms
Other Rooms
- Total Rooms: 7
- Bedroom-Primary: 20.00 x 14.00
- Bedroom-Primary Level: 1
- Bedroom-Primary Features: Built-in Cabinets, Ensuite Bath, Garden Tub, Medicine Cabinet
- Bedroom: 13.00 x 11.00
- Bedroom Level: 1
- Bedroom: 13.00 x 11.00
- Bedroom Level: 1
- Utility Room: 3.00 x 4.00
- Utility Room Level: 1
- Utility Room Features: Utility Closet
- Living Room Dimensions: 28.0 x 13.0
- Living Room Level: 1
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Interior Features
- Cable TV Available
- Double Vanity
- Elevator
- Granite Counters
- High Speed Internet Available
- Second Primary Bedroom
- Flooring: Tile, Wood
Appliances
- Dishwasher
- Disposal
- Electric Cooktop
- Electric Oven
- Microwave
- Laundry Features: Electric Dryer Hookup, Washer Hookup
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
- Dining Room Dimensions: 10.0 x 8.0
- Dining Room Level: 1
- Kitchen Dimensions: 10.0 x 8.0
- Kitchen Features: Breakfast Bar, Built-in Cabinets, Butlers Pantry, Natural Stone/Granite Type, Pantry, Water Line to Refrigerator
- Kitchen Level: 1
Exterior and Lot Features
- Balcony
- Courtyard
- Covered Patio/Porch
- Fire Pit
- Garden(s)
- Lighting
- Tennis Court(s)
- Uncovered Courtyard
- Patio And Porch Features: Covered, Terrace
Pool and Spa
Garage and Parking
- Attached Garage: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Garage Spaces: 2
- Parking Features: Assigned, Basement, Circular Driveway, Porte-Cochere, Community Structure, Covered, Gated, On Site, Secured
Land Info
- Lot Description: Condo/Townhome Lot
- Lot Size Acres: 4.259
- Lot Size Square Feet: 185522
Homeowners Association
- Association: Yes
- Association Fee: 1789
- Association Fee Frequency: Monthly
- Association Fee Includes: Electricity, Full Use of Facilities, Internet, Maintenance Grounds, Maintenance Structure, Management Fees, Security, Sewer, Trash, Utilities, Water
- Calculated Total Monthly Association Fees: 1789
- Association Name: Preston Tower Condos
School Information
- Elementary School: Rogers
- High School: Hillcrest
- Middle School: Benjamin Franklin
- School District: Dallas ISD
Amenities and Community Features
- Common Elevator
- Community Pool
- Fitness Center
- Gated
- Guarded Entrance
- Laundry
- Pickle Ball Court
- Pool
- Restaurant
- Sidewalks
- Tennis Court(s)
Other Property Info
- Annual Tax Amount: 13087
- Tax Block: NORTH
- Source Listing Status: Active
- County: Dallas
- Directions: North side of NW HWY, 2 blocks east of Preston Rd. across the street from Preston Center East.
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Preston Tower Condo
- Parcel Number: 00000405393840000
- Postal Code Plus 4: 3451
- Subdivision: Preston Tower Condo
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1673
- Year Built: 1966
- Construction Materials: Brick
- Foundation Details: Slab
- Levels: One
- Property Age: 59
- Roof: Flat
- Structure Type: Apartment, Condo/Townhome, Hi Rise
- Architectural Style: Traditional
Utilities
Home Features
- Security Features: Key Card Entry, Security Guard, Security Lights, Security Service, Security System, Smoke Detector(s)