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$3,825,000

5828 Norway Rd, Dallas, TX, 75230

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths6,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$627.28 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringStone, Wood

Exterior

Lot Size15,800 sqft

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces3

Land Information

APN00000414901000000
Lot Number17
SubdivisionMeaders Lane
Land UseResidential
Legal DescriptionMEADERS LANE BLK B/5512 LOT 17 INT202400000211 DD12292023 CO-DC 5512 00B 01700 1005512 00B
Census Tract007605
Assessed Land Value$948,000
Assessed Improvement Value$2,877,000
Assessment Year2025

About this property

Experience this sophisticated soft modern new construction home designed and built by M&E Development in the prestigious Preston Hollow. This home features traditional architecture details with modern finish outs including, custom millwork, stone work, oversized windows & doors with beautiful design and functionality! First Floor features a foyer with grand floating staircase, formal dining, pantry, wood inlay vaulted ceilings, dedicated study, guest en-suite, & a 3 car garage! Take the breathtaking hallway from the grand floating staircase to the owner’s suite with bath featuring stunning marble slab, separate closets & designer hardware. Second floor features 3 bedrooms complete with en-suite baths, built-in study desk, reading nook & a gallery wall leading to the spacious game room. Every space has been beautifully designed, with transitions leading you from one space to another cohesively! Estimated completion fall 2023. Pool is for conceptual use and not included in price.

Investor Tools

Property Icon
$3,825,000
Estimated Property Value
$3,442,117Estimated Mortgage Balance
$492,045Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,094 /month
Positive
Cash Flow Estimate:
$7,698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$8,205/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$79,329
$3,825,000
2025
$948,000
$2,877,000
$3,825,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$79,329
$3,825,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$3,442,117
No
First
Dec 29, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,332,955
$492,045
12%
87%
$20,351/mo

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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5828 Norway Rd | Property Details | No Agent List