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$1,629,000

5060 Wateka Drive, Dallas, TX, 75209

$2,008,417 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,615 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$388.95 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator
FlooringCarpet, Wood

Exterior

Lot Size8,643 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000347008000000
Lot Number5
SubdivisionGreenway Addition
Land UseResidential
Legal DescriptionGREENWAY VILLAGE LOT 5 INT202300195282 DD09222023 CO-DC 4911 004 00500 1004911 004
Census Tract007102
Assessed Land Value$500,000
Assessed Improvement Value$750,150
Assessment Year2025

About this property

Every detail of this new construction home on Wateka was chosen with intention, prioritizing quality over shortcuts and craftsmanship over trends. Unlike typical spec builds, this residence showcases designer finishes and premium construction throughout. The open-concept kitchen is a standout, anchored by natural walnut veneer cabinets imported from Belgium and draped in Taj Mahal quartzite. Dual Bosch dishwashers, a Miele range, and a KitchenAid refrigerator make this space as functional as it is stunning. The thoughtful floor plan includes five bedrooms, each with its own en suite bath. The primary suite is on the main floor and features a spa-like bath wrapped in Italian Calacatta Caldia marble. A second downstairs bedroom offers versatility as a guest suite, study, or flex room. Upstairs are three additional bedrooms. White oak floors flow seamlessly throughout, and dramatic 12’ ceilings on the main level elevate the entire experience. The utility room includes a custom dog wash station, making everyday living just as luxurious as the finishes themselves. Additional highlights include high-efficiency wood-clad windows, a 13-foot sliding patio door, and a sleek Napoleon fireplace with marble surround. The home features smart WiFi-enabled switches and a full surveillance system. Behind the walls are fire-rated Sheetrock and enhanced acoustic insulation, while public areas are finished to a Level 5 smoothness typically reserved for custom builds. Designer lighting was sourced from Perigold and Vakkerlight, and the exterior features composite Woodplank cladding paired with stucco. Together, these thoughtful choices reflect a level of construction and design typically reserved for true custom homes—located in the coveted Bird Streets, just minutes from Love Field Airport and the shops and restaurants of Inwood Village, this is a rare opportunity to own a home where luxury is built into every detail.

Investor Tools

Property Icon
$1,629,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,629,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,008,417
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,770 /month
Positive
Cash Flow Estimate:
$3,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,722
$1,250,150
2025
$500,000
$750,150
$1,250,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,722
$1,250,150

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,629,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Dallas

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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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5060 Wateka Drive | Property Details | No Agent List