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$930,000

Beds
4
Baths
2.0
sq ft
2,352

5416 Winton St, Dallas, TX 75206

5416 Winton St

Dallas, TX 75206

  • 26 days on market
This property is a fantastic investment opportunity or an ideal family home, zoned to the highly sought-after Mockingbird Elementary. Currently leased at $8,000 per month through July 31, 2025, it has a proven track record as a reliable income generator. Over the past four years, it has consistently been rented as an income property, with rental rates increasing annually: $6,450 per month in 2021–2022, $7,350 per month in 2022–2023, $7,650 per month in 2023–2024, and $8,000 per month for 2024–2025. Situated on a spacious lot near SMU, this single-family home also includes a private 400-square-foot in-law apartment with a separate entrance. Located near the vibrant M Streets neighborhood, it is just minutes away from shopping, dining, and the bustling areas of Lower Greenville and downtown Dallas. Nearby amenities include Mockingbird Station, Glencoe Park, and the Katy Trail, adding convenience and lifestyle appeal. The main house features beautiful hardwood floors throughout, with two bedrooms and one bathroom on each level. The living room boasts a cozy gas log fireplace, while the kitchen is equipped with stainless steel appliances, a gas oven, and a cooktop. The second floor includes a media room with a 108-inch screen, a workout room, and a study, providing versatile spaces for everyday life. The in-law apartment offers an ideal setup for guests, extended family, or additional rental income. This private space has its own entrance, a full kitchen, a bathroom, and hardwood flooring. Whether you are looking for a high-performing investment property or a family home in a prime location, this property delivers both value and versatility.

Details

Property type

Single Family Residence

Est. home value

$807,624

Lot size

8,205 sq ft

Price per sq ft

$396

Year built

1951

Price History

01/27/2025
NTREIS

NTREIS #20827838

Listed
$930,000
08/25/2021
NTREIS

NTREIS #14614086

Removed

Schools & Community

Neighborhood: 

M Streets

Elementary school: 

Mockingbird

Middle school: 

Long

High school: 

Woodrow Wilson

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

$393,171
Asking price
$930,000
Closing costs (~8% of asking)
-$74,400
Est. remaining loan balance
-$462,429
Cash to seller
$393,171

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

Seller’s Loan History

Lender

Pinnacle Funding Group Inc

Loan start date

August 2021

Original loan amount

$500,000

Est. remaining balance

$462,429

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Peter Smith and Matthew Smith

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: Active

Tomo last checked: 02/23/2025 at 2:50 AM

Listing updated: 01/27/2025 at 5:13 PM

Listed by: Jenny Wood, Compass RE Texas, LLC. Phone #: (214) 814-8100

MLS: NTREIS #20827838

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