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$3,069,000

NAL Estimated Property Value

5603 Ursula Ln, Dallas, TX, 75229

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,161 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$600.66 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 6Bathrooms Full 6
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Double Oven, Warming Drawer, Wine Cooler
FlooringCarpet, Marble, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size22,887 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces3

Land Information

APN00000414699400000
Lot Number11
SubdivisionNetherland
Land UseResidential
Legal DescriptionNETHERLAND ESTATES BLK B/5507 LOT 11 VOL2004186/3976 DD09172004 CO-DC 5507 00B 01100 1005507 00B
Census Tract007605
Assessed Land Value$1,300,000
Assessed Improvement Value$985,020
Assessment Year2025

About this property

Stunning, single-story home situated on an expansive 140 x 165 lot in Netherland Estates. Extensively renovated in 2021 by Hawkins-Welwood, this home boasts an open-concept floor plan w designer finishes throughout. Off the spacious foyer (8 x 26) is a formal living rm, w 12 ft ceiling, a gas fireplace, and glass-enclosed built-ins, all overlooking the sparkling pool and sprawling backyard oasis. The thoughtfully designed chef's kit features a large island; KitchenAid built-in refrigerator-freezer, six-burner gas cooktop w griddle, 2 ovens, warming drawer; Bosch dishwasher; walk-in pantry; wine cooler; and abundant storage. There is an addl Bosch dishwasher in the adjacent wet bar.  The kit is open to both the breakfast rm, w built-ins and direct access to the side yard with patio and pergola, and to the family rm w electric fireplace and built-ins. The light and bright dining rm is at the front of the home and is adjacent to the kit. The primary BR is tucked away at the rear of the home, has views of the backyard, and offers a spacious sitting area and fireplace. Inside the primary BA there are dual vanity areas, separated by a frameless glass shower; dual water closets; and 2 walk-in closets. There are 3 secondary BRs – two w walk-in closets share a Jack and Jill BA, while the third has 2 closets and a full BA. This well-laid out home also has a private office and a utility rm w built-ins, a sink, a convenient closet plus rm for a full-size refrigerator. Outside, the backyard is an entertainer's dream w a pool, multiple covered sitting areas, a wood-burning fireplace, TV, and a beverage refrigerator. Located just one block from Netherland Park w easy access to the Toll Road and Preston Royal shopping and dining. Two-car garage w workshop-closet and storage closet. 2021 improvements include whole-home wiring for sound and security systems (wiring only); Kolbe windows and doors; electrical, plumbing, HVAC, and pool equipment; sheetrock; insulation; and comp roof.

Investor Tools

Property Icon
$3,069,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,069,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,600 /month
Positive
Cash Flow Estimate:
$6,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,422
$2,285,020
2025
$1,300,000
$985,020
$2,285,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,422
$2,285,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,007,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
1.0%

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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5603 Ursula Ln | Property Details | No Agent List