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$746,000

NAL Estimated Property Value

5831 Coolwater Cove, Dallas, TX, 75252

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,544 Sq Ft
price_per_sqft$273.19 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters

Building Information

Year Built1994
Stories1
Roof Type104
Garage Spaces1

Land Information

APNR-2976-00K-0420-1
Lot Number42
SubdivisionShalimar At Preston Trails (Cda)
Land UseResidential
Legal DescriptionSHALIMAR AT PRESTON TRAILS (CDA), BLK K/8731, LOT 42
Census Tract031708
Assessed Land Value$242,000
Assessed Improvement Value$451,340
Assessment Year2025

About this property

Situated in Far North Dallas, this newly renovated single story home provides the perfect combination of location, comfort and security. Entering this small gated community, you are greeted with mature trees and well maintained, low maintenance zero lot homes. This 3 bedroom home offers 2 living areas as well as a study. The open concept living area has a spacious family room with lots of natural light. The updated kitchen showcases quartz countertops and several new appliances. The large primary suite has a spa like bath with free standing tub and frameless glass shower. Abundant storage is available throughout the house and all bedrooms have walk in closets. Easy access to PGB and DNT. Zoned for award winning Plano ISD and close by to the Shelton School.

Investor Tools

Property Icon
$746,000
Estimated Property Value
$0Estimated Mortgage Balance
$746,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,476 /month
Positive
Cash Flow Estimate:
$1,492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,291
$693,340
2025
$242,000
$451,340
$693,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,291
$693,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$746,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$600/mo
+$2,290/mo
4.6%

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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5831 Coolwater Cove | Property Details | No Agent List