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$1,762,000

5609 Lobello Dr, Dallas, TX, 75229

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,943 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$3.06 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop
FlooringWood

Exterior

Lot Size21,711 sqft

Building Information

Year Built1978
Stories1
Roof Type111
Garage Spaces4

Land Information

APN00000414697500000
Lot Number5
SubdivisionNetherlands Estates
Land UseResidential
Legal DescriptionBLK A/5507 LOT 5 LOBELLO DR INT202400073517 DD04012024 CO-DC 5507 00A 00500 1005507 00A
Census Tract007605
Assessed Land Value$1,300,000
Assessed Improvement Value$425,000
Assessment Year2025

About this property

Discover luxury living in the heart of Preston Hollow Estates with this stunning home available for lease. Spanning approximately 3,000 sqft, this beautifully updated residence features 4 spacious bedrooms and 4 modern bathrooms, offering ample space for comfort and privacy. Nestled on a serene half-acre lot, this home is surrounded by other luxury properties, ensuring a peaceful and exclusive living environment. The secluded location provides a perfect retreat from the hustle and bustle, while still being conveniently close to local amenities and top-rated schools.The interior boasts numerous updates, including a gourmet kitchen, elegant living spaces, and stylish finishes throughout. The sophisticated design and attention to detail are evident in every corner of this home. Step outside to enjoy the expansive yard, perfect for outdoor entertaining or simply relaxing in your private oasis.Don't miss the opportunity to experience the epitome of luxury in Preston Hollow Estates.

Investor Tools

Property Icon
$1,762,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,762,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,572 /month
Positive
Cash Flow Estimate:
$3,524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,801/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,797
$1,725,000
2025
$1,300,000
$425,000
$1,725,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$24,797
$1,725,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,762,000
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
1.8%

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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5609 Lobello Dr | Property Details | No Agent List