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$3,191,000

NAL Estimated Property Value

5850 Norway Rd, Dallas, TX, 75230

Off MarketInfo
Beds5 Beds
Baths8 Bath
Baths6,173 Sq Ft
price_per_sqft$485.18 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Refrigerator, Double Oven, Dishwasher, Gas Cooktop, Disposal, Ice Maker, Microwave, Some Commercial Grade, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Outdoor Grill, Rain Gutters
Lot Size15,816 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000414910000000
Lot Number20
SubdivisionMeaders Lane
Land UseResidential
Legal DescriptionMEADERS LANE BLK B/5512 LT 20 INT202200156618 DD06032022 CO-DC 5512 00B 02000 1005512 00B
Census Tract007605
Assessed Land Value$948,960
Assessed Improvement Value$1,541,310
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED: Best & Final due by 5pm on Monday, April 25. No detail was spared on this stunning transitional home in the heart of Preston Hollow built by renowned Dallas builder Mark Molthan. Extremely functional floor plan with high-end finishes throughout, including designer wallpaper, beautiful pine hardwood floors, vaulted ceilings, and custom crown molding. The expansive chef's kitchen boasts Wolf & Sub Zero appliances, an oversized kitchen island with an abundance of storage, large pantry with hidden safe room, and gorgeous stone countertops, The living area off of the kitchen has a wet bar and leads to an outdoor covered patio with large pool creating the perfect space for entertaining. The luxurious primary suite with spa-like bathroom and two closets is split from the private guest quarters, also on the first level. The well thought out second floor includes a media room, large game room with wet bar overlooking the pool area, as well as three additional bedrooms.

Investor Tools

Property Icon
$3,191,000
Estimated Property Value
$2,264,005Estimated Mortgage Balance
$926,995Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,146 /month
Positive
Cash Flow Estimate:
$6,382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$6,256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$59,111
$2,490,270
2025
$948,960
$1,541,310
$2,490,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$59,111
$2,490,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$2,428,000
No
First
Jun 3, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,264,005
$926,995
29%
71%
$12,303/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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5850 Norway Rd | Property Details | No Agent List