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$1,995,000

5908 Meadowcreek Dr, Dallas, TX, 75248

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,570 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$436.54 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven, Refrigerator, Tankless Water Heater
FlooringConcrete, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting, Private Yard
Lot Size22,854 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000796537700000
Lot Number3
SubdivisionPrestonwood
Land UseResidential
Legal DescriptionPRESTONWOOD ESTS BLK X/8188 LOT 3 INT202200181841 DD06302022 CO-DC 8188 000 00300 3008188 000
Census Tract013606
Assessed Land Value$337,500
Assessed Improvement Value$963,060
Assessment Year2025

About this property

Looking for the mid-century modern house of your dreams? You just found it. This one doesn’t waste a single inch, every space actually does something. Step inside and you’ll immediately feel the cozy, funky energy, and then notice the show-stopping fish tank with a turtle that basically owns the place. Concrete floors flow through the main level, brand-new hardwoods warm up the bedrooms, and every bathroom has had a full glow-up. Heated toilet seats and bidets included because why should luxury stop at the living room? The kitchen’s a total show-off with leathered aqua quartzite counters and a Bespoke fridge that could double as modern art. Outside? Resort vibes for days. Heated pool and spa, firepit, patio swings, dreamy lighting, and a mosquito system so you can actually enjoy it without doing the bug-swat dance. Surrounded by mature trees and backing up to a peaceful creek. This isn’t just a house. It’s a vibe. A plant-filled, turtle-watching, pool-lounging, mid-century masterpiece of a vibe.

Investor Tools

Property Icon
$1,686,000
Estimated Property Value
$120,000Estimated Mortgage Balance
$1,642,796Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,970 /month
Positive
Cash Flow Estimate:
$3,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,125/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,068
$1,300,560
2025
$337,500
$963,060
$1,300,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29,068
$1,300,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homecomings Financial Network Inc
Credit Line (Revolving) / Heloc
$120,000
No
First
N/A
Sep 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,204
$1,642,796
97%
3%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$720/mo
+$2,250/mo
2.1%

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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5908 Meadowcreek Dr | Property Details | No Agent List