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$949,999

5842 Coolwater Cv, Dallas, TX, 75252

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$300.63 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Gas Oven, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesLighting
Lot Size6,182 sqft

Building Information

Year Built1997
Stories2
Roof Type104
Garage Spaces2

Land Information

APNR-2976-00K-0650-1
Lot Number65
SubdivisionShalimar At Preston Trails (Cda)
Land UseResidential
Legal DescriptionSHALIMAR AT PRESTON TRAILS (CDA), BLK K/8731, LOT 65
Census Tract031708
Assessed Land Value$242,000
Assessed Improvement Value$525,359
Assessment Year2025

About this property

This beautifully renovated home is listed below market value, offering an exceptional opportunity for buyers. Welcome to 5842 Coolwater Cove, Dallas, TX 75252—an exquisitely updated residence featuring approximately 3160 square feet, four spacious bedrooms, 3.5 luxurious bathrooms, and a versatile private office. Showcasing a striking stucco and stone exterior, this exceptional home has been meticulously transformed while preserving its timeless architectural character. The sophisticated, chef-inspired kitchen features custom-crafted cabinetry, luminous quartz countertops, and brand-new high-end appliances. Elegant engineered hardwood flooring extends throughout the first floor, while plush carpeting adds comfort and warmth upstairs. The expansive primary retreat includes a beautifully redesigned en-suite bathroom and an impressive custom walk-in closet. Every bathroom has been tastefully modernized with refined finishes. The inviting living area is enhanced by a cozy, updated fireplace, creating the perfect atmosphere for memorable gatherings and effortless entertaining. Substantial upgrades include a brand-new HVAC system, completely updated electrical system, new water heaters, enhanced attic insulation, and a new garage door with a motorized opener. This remarkable, move-in-ready residence seamlessly combines contemporary sophistication, exceptional craftsmanship, and timeless elegance. Ideally situated near major highways, premier shopping, exceptional dining, and vibrant entertainment destinations.

Investor Tools

$607,220Estimated Mortgage Balance
$329,780Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Shan Abbas

Citiwide Properties Corp.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,218
$767,359
2025
$242,000
$525,359
$767,359
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,218
$767,359

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mustang Credit Solutions Llc
Commercial
$620,000
No
First
Jun 12, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$607,220
$329,780
35%
65%
$3,718/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$4,418/mo
$-1,528/mo
3.7%

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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5842 Coolwater Cv | Property Details | No Agent List