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$3,395,000

Beds
Unknown
sq ft
6,316

9909 Preston Rd, Dallas, TX 75230

9909 Preston Rd

Dallas, TX 75230

  • 429 days on market
    • Price drop $600,000↓
This prime property, located in the prestigious Preston Hollow neighborhood of Dallas, presents a rare opportunity for custom construction on a spacious 1.41-acre gated estate lot situated on a private lake. This exclusive estate lot is nestled amidst a lush landscape of mature trees, creating a tranquil and picturesque setting for a dream estate tailored to your preferences. Access to this exceptional property is granted through two secure gates, ensuring both convenience and security for its future residents. The existing home is considered to have no value and will not be available for viewing. The true value of this offering lies in the extraordinary land and its serene surroundings. Centrally located on the prestigious Preston Road, this property enjoys a prime position in the heart of Preston Hollow. Its proximity to the private school corridor, as well as Dallas' finest shopping and dining establishments, adds to the desirability of this location.

Details

Property type

Single Family Residence

Est. home value

$3,840,985

Lot size

1.41 acres

Price per sq ft

$538

Year built

1932

Annual property taxes

$62,388

Price History

06/06/2024
NTREIS

NTREIS #20435119

Price change
$3,395,000
-15.02%
01/05/2024
NTREIS

NTREIS #20435119

Listed
$3,995,000
01/01/2024
NTREIS

NTREIS #20435119

Removed

Schools & Community

Neighborhood: 

North Dallas

Elementary school: 

Pershing

Middle school: 

Benjamin Franklin

High school: 

Hillcrest

School district: 

Dallas ISD

Seller’s Loan History

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

Lender

Colonial National Mtg

Loan start date

October 2002

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

4.87%

Loan type

Credit Line (Revolving), 30 year

Seller

Louis Dorfman

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: 11/22/2024 at 6:50 PM

Listing updated: 10/15/2024 at 12:20 PM

Listed by: Ryan Streiff, Dave Perry Miller Real Estate Phone #: (214) 369-6000

MLS: NTREIS #20435119

NTREIS logo

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