tomo logo

$2,399,000

Beds
5
Baths
6.0
sq ft
4,831

5506 Melshire Dr, Dallas, TX 75230

5506 Melshire Dr

Dallas, TX 75230

  • 1 day on market
Discover refined elegance in this exceptional Melshire Estates home completed in 2020 and set on an expansive .408 acre lot. Thoughtfully designed for both style and functionality, the open floor plan is accentuated by soaring windows, high-end finishes, and beautiful wood floors. The main level showcases a gourmet island kitchen with a built-in refrigerator and wine fridge, a luxurious primary suite with a garden tub, walk-in shower, dual vanities, and a custom closet, along with a spacious living area, formal dining room, office, and laundry and mud room. Four bedrooms with their own en-suite baths and a versatile media room complete the second level. Step outside to a huge backyard with an inviting outdoor living area, perfect for entertaining or relaxing. Additional highlights include a stylish powder bath and a three-car garage with extra storage room. Don’t miss the opportunity to live in this stunning home in one of Dallas' most coveted neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$2,296,332

Lot size

0.408 acres

Price per sq ft

$497

Year built

2019

Annual property taxes

$48,702

Price History

03/31/2025
NTREIS

NTREIS #20883875

Listed
$2,399,000
12/31/2020
NTREIS

NTREIS #14494883

Removed

Schools & Community

Neighborhood: 

North Dallas

Elementary school: 

Adamsjohnq

Middle school: 

Walker

High school: 

White

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

$980,545
Asking price
$2,399,000
Closing costs (~8% of asking)
-$191,920
Est. remaining loan balance
-$1,226,535
Cash to seller
$980,545

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

December 2020

Original loan amount

$1,356,000

Est. remaining balance

$1,226,535

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Seong Young Lee and Lydia Aguilar

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?

Status: Active

Tomo last checked: 04/02/2025 at 12:00 AM

Listing updated: 04/01/2025 at 1:06 PM

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

MLS: NTREIS #20883875

NTREIS logo

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