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$847,000

5 Royal Way, Dallas, TX, 75229

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,853 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.83 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringBrick, Carpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size10,442 sqft

Building Information

Year Built1979
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000414694580000
Lot Number5
SubdivisionFifty Seven Hundred Royal
Land UseResidential
Legal DescriptionFIFTY SEVEN HUNDRED ROYAL BLK A/5506 LOT 5 INT202400018803 DD01292024 CO-DC 5506 00A 00500 1005506 00A
Census Tract007605
Assessed Land Value$330,000
Assessed Improvement Value$465,260
Assessment Year2025

About this property

Wonderful Preston Hollow home features a large floor plan and 10ft ceilings with a lot of natural light. With 3,853 square feet, this home features oversized formal dining, oversized living with views and fireplace, study, wet bar, large kitchen with views of the back yard with butler’s pantry, large laundry room, full bath, and huge primary bedroom suite with separate shower, bath and walk in closets, and all downstairs. Upstairs is two private bedrooms with a jack and jill bath. Home has a ton of closet space and storage. Large 2 car garage with a lot of room. Only one entrance to this private and secluded subdivision. With community pool, tennis and pickleball court and right by excellent shopping and dining. This is a must see!

Investor Tools

Property Icon
$1,794,000
Estimated Property Value
$638,400Estimated Mortgage Balance
$1,182,548Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,764 /month
Positive
Cash Flow Estimate:
$3,588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,594/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,156
$795,260
2025
$330,000
$465,260
$795,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,156
$795,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$638,400
No
First
Jan 29, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$611,452
$1,182,548
65%
34%
$3,828/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$4,578/mo
$-2,606/mo
1.3%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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5 Royal Way | Property Details | No Agent List