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$2,716,000

5605 Netherland Court, Dallas, TX, 75229

Off Market

5 Beds

7 Bath

6,457 Sq Ft

Single Family Residence

$286.36 / sqft

Built in 1986

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 6

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Ice Maker, Microwave, Plumbed For Ice Maker, Gas Water Heater

FlooringCarpet, Marble, Wood

Exterior

Private Pool

Lot Size20,616 sqft

Building Information

Year Built1986

Stories1

Roof Type110

Garage Spaces3

Land Information

APN0055060C000010000

Lot Number1

Land UseResidential

Legal DescriptionNETHERLAND COURT BLK C/5506 PT LT 1 ACS 0.464 INT202100165072 DD06022021 CO-DC 5506 C00 00100 2DA5506 C00

Census Tract007605

Assessed Land Value$1,300,000

Assessed Improvement Value$1,163,680

Assessment Year2025

About this property

BACK ON MARKET AT NO FAULT OF PROPERTY. STRONG INSPECTION POSTED. Comprehensive remodel of this stately home completed August 2020. You are greeted with giant portrait windows in the living room with 20' ceilings. Broad plank wood floors lead you to remodeled kitchen. Commercial grade appliances highlight kitchen open to large living room. Master bedroom is large with a spectacular, spa like bath. Master and second bedroom down, three spacious bedrooms up with a large game room. Crystal blue pool refinished and retiled. House is elegant, stylish, and move in ready.

Investor Tools

$2,716,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,425,530Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$16,296 /month

Positive

Cash Flow Estimate:

$5,432 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$4,351/month

$1,000/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$38,628

$2,463,680

2025

$1,300,000

$1,163,680

$2,463,680

Tax History

Year

Tax Paid

Assessed Value

2024

$38,628

$2,463,680

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Colonial National Mortgage

Conventional

$1,424,000

First

Jun 2, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,290,470

$1,425,530

52%

48%

$8,538/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.

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