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$1,849,000

5818 Gramercy Pl, Dallas, TX, 75230

PendingInfo
Beds4 Beds
Baths4 Bath
Baths3,906 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$473.37 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Gas Cooktop, Microwave, Double Oven, Wine Cooler
FlooringMarble, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Rain Gutters
Lot Size18,000 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000413632000000
Lot Number2
SubdivisionSheraton
Land UseResidential
Legal DescriptionSHERATON ESTATES BLK 1/5501 LT 2 INT202200295288 DD11092022 CO-DC 5501 001 00200 1005501 001
Census Tract013400
Assessed Land Value$972,000
Assessed Improvement Value$710,090
Assessment Year2025

About this property

*Back on the market due to no fault of the property.* Stunning, thoughtfully designed open-concept home situated on a 120x150 foot lot in one of Dallas’ most sought-after neighborhoods. Built in 1956, this single-story home offers exceptional curb appeal, multiple entertaining spaces, and over 500 sqft of covered outdoor living. Off the entry, you’ll find a formal living rm and an inviting family rm featuring vaulted ceilings, custom built-ins, and a gas fireplace. These spaces flow seamlessly into the formal dining rm and a beautifully appointed chef’s kitchen. The kitchen is equipped with an expansive island, 2 dishwashers, built-in refrigerator, beverage refrigerator, double ovens, microwave, and an impressive walk-in pantry area with built-ins and a full-size wine refrigerator. An adjoining breakfast rm completes the space. Adjacent to the kitchen is a spacious game rm with built-ins and a full bath—ideal for entertaining or flexible living. The private primary suite is tucked at the rear of the home, offering serene views of the sparkling pool, plus a generous WI closet. The luxurious primary bath features high-end marble finishes, dual vanities, a jetted tub, and a sep shower. 2 secondary bedrooms, both with WI closets, share a Jack-and-Jill bath, while a 3rd bedroom enjoys access to a full, hall bath. A large utility rm, complete with built-ins and a sink, rounds out the interior of this home. The backyard is an entertainer’s dream, showcasing multiple seating areas, motorized screens, built-in grill, Green Egg cooker, beverage refrigerator, TV, and a wood-burning fireplace. The outdoor living space overlooks the resort-style pool with spa and water feature, along with a generously sized turfed yard. Addl highlights: Sonos speakers in the kitchen, primary bedroom, and patio; oversized 24x27 garage with workspace and storage; a gated driveway; and exterior security cameras. Ideally located near Preston Royal shopping & dining with quick access to the Tollway.

Investor Tools

$1,075,391Estimated Mortgage Balance
$806,093Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,280 /month
Positive
Cash Flow Estimate:
$3,760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,245
$1,682,090
2025
$972,000
$710,090
$1,682,090
No

Tax History

Year
Tax Paid
Assessed Value
2025
$30,245
$1,682,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hsbc Bank Usa
Conventional
$1,134,240
No
First
Nov 9, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,075,391
$804,609
42%
57%
$6,548/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$6,548/mo
$-3,976/mo
1.6%

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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5818 Gramercy Pl | Property Details | No Agent List