21 days on rocket

5557 Falls Rd, Dallas, TX, 75220

$2,650,000

0.69 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #20609879
Lot Size0.69 Acres
StatusActive

About 5557 Falls Rd

Your dream home awaits. This prime Old Preston Hollow lot is nestled perfectly east of Inwood, south of Walnut Hill, and north of Park, a pristine almost .70-acre lot awaits, cleared and ready for new construction. Beautiful trees, offering a sense of serenity and natural beauty in the heart of the city. In a Preston Hollow location known for its oversized lots, walkability and proximity to the finest of private schools. Surrounded by new construction and remodeled homes. For those seeking convenience and quality, the seller has plans and geo tech and surveys available upon request. Robert Elliott Custom Homes can build to suit, or you can bring your own builder own plans to this wonderful lot.

Property Details

Property Features

Listing Office:

  • Office Name: Robert Elliott and Associates
  • Office Phone: (972) 954-9206
  • Listing Agent: Ty Vaughn

Lot Features

Lot Information:

  • Lot: Cleared, Corner Lot, City Lot
  • Lot Size: 0.69 Acres

School Info

Assigned Schools Information:

  • Hillcrest High School, Public District Grades 9-12
  • Franklin Middle School, Public District Grades 6-8
  • Pershing Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Northwest corner of Hathaway and Falls Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,650,000

Tax Information:

  • Annual Amount: $29,812
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Dallas, TX.

Med. Sold Price

$249K

Med. Price/SqFt

$149

Avg. Days On Market

37

# of Sold Homes

945

5557 Falls Rd vs Dallas

21 DAYS ON ROCKET

-16 Days

$2,650,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price in Dallas, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20609879

Listing Office:

  • Office Name: Robert Elliott and Associates
  • Office Phone: (972) 954-9206
  • Listing Agent: Ty Vaughn

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/29/2024, 5:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$29,812$1,443,610
2019$37,058$1,355,640
2018$33,268$1,169,240
2017$31,964$1,175,500

History based on county public records data.

Payment Calculator

$13.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,011

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4244306
7
/10
  • Pershing Elementary School

  • 5715 Meaders Ln

  • 0.69 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4244307
5
/10
  • Franklin Middle School

  • 6920 Meadow Rd

  • 1.61 miles

  • Public District Grades 6-8

High School

school-card-donut-4244308
3
/10
  • Hillcrest High School

  • 9924 Hillcrest Rd

  • 1.58 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $136,750. Residents of Dallas, TX typically earn between $100k-200k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5557 Falls Rd

What is the listing price of this property?

The listing price of 5557 Falls Rd property is $2,650,000.

What type of property is this?

The property 5557 Falls Rd is land located in Dallas, Texas, 75220.

Is this property for sale now?

Active Listing: 5557 Falls Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5557 Falls Rd are:
Pershing Elementary School: GreatSchools Rating 7/10
Franklin Middle School: GreatSchools Rating 5/10
Hillcrest High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $29,812 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5557 Falls Rd is 0.69 acres.
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Rocket HomesTexasDallas CountyDallas752205557 Falls Rd

This home is located at 5557 Falls Rd in Dallas, TX and zip code 75220 in the Preston Hollow neighborhood. This home sits on a 0.69 acre lot. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $2,650,000.

Dallas, TX housing market in April 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. Between March 2024 and April 2024, Dallas, TX real estate market has seen increase in the number of listings by 15.8%. Listings spent 37 days on the market in April 2024, and had a median list price of $249,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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