tomo logo

$925,000

Beds
3
Baths
2.0
sq ft
1,860

5942 Palo Pinto Ave, Dallas, TX 75206

5942 Palo Pinto Ave

Dallas, TX 75206

  • <1 day on market
Stunning classic Tudor home in the historic Lower Greenville area of Dallas. This architecturally significant home is perched on an elevated lot in the highly sought-after Belmont Conservation District. Recently remodeled with an open floor plan, the house is flooded with natural light and features beautiful hardwood floors throughout. Meticulous designer updates add a touch of sophistication, while original details lend character, making this property a must-see. A charming screened solarium offers the perfect spot to enjoy your morning coffee or unwind with an evening glass of wine. In the back, you’ll find an expansive deck perfect for entertaining and a generous yard that will easily accommodate a pool. Extensive updates throughout the home include newly stained deck and fence, new wiring, new plumbing, remodeled kitchen and bath, recently replaced HVAC and windows, immaculate new garage and much more. See disclosure for all improvements. Walking distance to the new Geneva Heights Elementary School. Close to restaurants and shops on Greenville Avenue and Skillman Street, and minutes from Downtown Dallas, Mockingbird Station, NorthPark Mall, and all the vibrant offerings of Dallas. This Home’s Location Is Truly Special!

Details

Property type

Single Family Residence

Est. home value

$661,298

Lot size

0.252 acres

Price per sq ft

$498

Year built

1929

Annual property taxes

$16,314

Price History

03/17/2025
NTREIS

NTREIS #20868132

Listed
$925,000
07/09/2024
NTREIS

NTREIS #20602770

Removed
06/09/2024
NTREIS

NTREIS #20602770

Pending
$884,500

Schools & Community

Neighborhood: 

M Streets

Elementary school: 

Geneva Heights

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

$468,250
Asking price
$925,000
Closing costs (~8% of asking)
-$74,000
Est. remaining loan balance
-$382,750
Cash to seller
$468,250

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

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

September 2020

Original loan amount

$424,745

Est. remaining balance

$382,750

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Tara N Merkle

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: 03/17/2025 at 6:25 PM

Listing updated: 03/17/2025 at 6:13 PM

Listed by: Roni Henderson, Keller Williams Realty DPR Phone #: (972) 732-6000

MLS: NTREIS #20868132

NTREIS logo

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