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$4,135,421Estimated home value

Beds
6
Baths
7.0
sq ft
8,004

5115 Walnut Hill Ln, Dallas, TX 75229

5115 Walnut Hill Ln

Dallas, TX 75229

  • Sold On 10/1/2024
    • Price drop $255,000↓
Situated on an elevated .931-acre lot in the heart of old Preston Hollow, this Classic French Country estate offers an unparalleled living experience. The property is secluded, accessed by a private gated driveway, and surrounded by meticulously manicured landscaping, creating a sense of tranquility and privacy. Offering 6 bedrooms, 6.1 baths, and 3 living areas, this home provides ample space for both relaxation and entertainment. Each living area boasts stunning views of the gardens and pool, elevating the home's overall ambiance. The kitchen is a chef's dream, equipped with a Viking gas cooktop and a spacious breakfast bar that opens to the living room, allowing for seamless entertaining and gatherings with family and friends. From its secluded location and pristine landscaping to its luxurious amenities and elegant design, this French Country estate offers a truly unmatched living experience in one of the most desirable neighborhoods in Dallas.

Details

Property type

Single Family Residence

Est. home value

$4,135,421

Lot size

0.931 acres

Price per sq ft

$375

Year built

1940

Price History

09/26/2024
NTREIS

NTREIS #20667476

Removed
09/20/2024
NTREIS

NTREIS #20667476

Pending
$2,995,000
09/12/2024
NTREIS

NTREIS #20667476

Listed
$2,995,000

Schools & Community

Neighborhood: 

Preston Hollow

Elementary school: 

Pershing

Middle school: 

Benjamin Franklin

High school: 

Hillcrest

School district: 

Dallas ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,160,842
Asking price
$2,995,000
Closing costs (~8% of asking)
-$239,600
Est. remaining loan balance
-$1,594,558
Cash to seller
$1,160,842

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Watermark Capital Inc

Loan start date

July 2020

Original loan amount

$1,750,000

Est. remaining balance

$1,594,558

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Elliot S Zimmer and Michelle C Chase

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 10/06/2024 at 11:30 AM

Listing updated: 10/01/2024 at 9:49 PM

Listed by: Alex Perry, Allie Beth Allman & Assoc. Phone #: (214) 521-7355

MLS: NTREIS #20667476

NTREIS logo

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