MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT BEST AND FINAL BY 5 pm Friday, August 28th. Located on an exceptional .634-acre lot in Old Preston Hollow and designed by the renowned architect Stephen B. Chambers, this home offers classic architecture, beautiful hardwoods, high ceilings, large entertaining spaces, sparkling pool, large grassy backyard, a dining room fireplace, a family room fireplace, and a large first floor primary suite with a fireplace, dual baths and dual walk-in closets. Large front and back porches invite you to slow down. Additional features include a full-house generator, tankless water heater, and an oversized 3-car garage with abundant storage and a workshop area. A large second floor playroom has room for large gym equipment, or the space could be a quiet office overlooking the pool. Private guest quarters are above the garage. Abundant storage! This home has been an ideal scene for school parties, summer pool parties, holiday magic, and sweet family moments, but it's now ready for a new chapter—whether that involves an interior refresh or transformation or a newly-constructed masterpiece. Bring your imagination to this prestigious location in one of Dallas’ most coveted pockets, where the potential for equity and design is unlimited. The buyer or buyer agent must confirm all information including schools, rooms sizes, etc. The buyer shall obtain a new survey.
Single-familyProperty Type
1984Year Built
0.63 acresLot Size
$623Price/Sq.Ft.
3 car garageParking
Listed by Lucy Johnson• Compass RE Texas, LLC.
Contact: 214-616-1288
Bought with Hayley Harvey• Allie Beth Allman & Assoc.
Est. $5,450 per month, based on comparable rentals
Sale and tax history for 5548 Falls Rd
Sale History
Tax History
Date
Event
Price
Public Records
Sep 22, 2026
Sold
*
NTREIS #21361765
Sep 18, 2026
Sold
*
Sep 4, 2026
Pending
—
Aug 31, 2026
Contingent
—
Aug 19, 2026
Listed
$3,195,000
$623/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$32,399 (−0.4%)
$1,385,290 + $69,710
$1,455,000
2024
$32,520 (+3.1%)
$1,385,290 + $69,710
$1,455,000
2023
$31,553 (−8.2%)
$1,294,950 + $80,060
$1,375,010
2022
$34,380 (+5.1%)
$1,294,950 + $80,060
$1,375,010
2021
$32,711 (−2.8%)
$1,189,540 + $50,460
$1,240,000
2020
$33,640 (−0.8%)
$1,172,900 + $67,100
$1,240,000
2019
$33,896 (+0.6%)
$1,172,900 + $67,100
$1,240,000
2018
$33,703 (+5.9%)
$1,046,100 + $138,440
$1,184,540
2017
$31,815
$1,046,100 + $123,900
$1,170,000
2016
$31,815 (+4.7%)
$1,046,100 + $123,900
$1,170,000
2015
$30,384 (+6.9%)
$1,046,100 + $123,900
$1,170,000
2014
$28,422 (−1.5%)
$951,000 + $89,000
$1,040,000
2013
$28,868
$951,000 + $89,000
$1,040,000
2012
$28,846 (+0.7%)
$951,000 + $109,210
$1,060,210
2011
$28,637 (−2.5%)
2010
$29,385
2009
$29,385
Public record
Public record
Zoning
Permits
Beds
5
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.63 Acres
Year renovated
1984
Sq. Ft.
5,128
Year built
1984
Style
Single Family Residential
County
Dallas County
APN
00000421891000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 1, 2026.
R-1AC(A)
Single-Family 1 Acre District
There exists in certain parts of the city large areas of single family residential development on estate type lots of one acre or more in area. This development has been supplied with utilities and other public services based upon an estate type density. To conserve the character and value of buildings and building sites existing in these areas and to provide for the gradual expansion of this residential development in accordance with the need and a comprehensive plan for various types of residential districts, the R-1ac(A) district is provided. This district is intended to be composed of single family dwellings together with public and private schools, churches, and public park areas to serve the area. The sections designated in the R-1ac(A) districts are limited in area and are not intended to be subject to major alteration by future amendment except at the fringe of the districts where minor adjustments may become appropriate to permit the reasonable development of vacant tracts or gradual transition from other districts.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Senior
Office
Golf related
Park & open space
Apr 26, 2025 • Final
Residential electrical
Install a new residential generator.
Electrical
Generator
Apr 26, 2025 • Final
Residential plumbing
Install an underground gas pipe from the gas meter to a gas generator.
Gas
Generator
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Carport Spaces: 0
Covered Spaces: 3
Parking Features: Circular Driveway, Garage Faces Side, Workshop in Garage
Parking & Garage
Has Garage
Garage Spaces: 3
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 4
Bathrooms Half: 2
Bathrooms Total Decimal: 4.2
Bathrooms Total Integer: 6
Bedroom Information
Bedrooms Total: 5
Fireplace Information
Fireplaces Total: 3
Fireplace Features: Dining Room, Family Room, Gas Starter, Master Bedroom
Heating & Cooling
Cooling: Electric, Zoned
Heating: Central, Natural Gas
Interior Features
Room Count: 9
Appliances: Gas Cooktop, Tankless Water Heater, Warming Drawer
Number Of Living Areas: 1
Number Of Dining Areas: 2
Living Area: 5128.00
Levels: Two
Flooring: Carpet, Hardwood
Interior Features: Cedar Closet(s), Wet Bar
Window Features: Bay Window(s)
Laundry Features
Laundry Features: Utility Room
Room 1 Information
Room Type: Primary Bedrm
Room Level: 1
Room Features: Dual Master Baths, Fireplace, Separate Shower, Sitting Area in Master, Walk-in Closet(s)
Room Dimensions: 23 x 19
Room Length: 23.00
Room Width: 19.00
Room 2 Information
Room Type: Bedroom
Room Level: 2
Room Features: Walk-in Closet(s)
Room Dimensions: 14 x 13
Room Length: 14.00
Room Width: 13.00
Room 3 Information
Room Type: Bedroom
Room Level: 2
Room Dimensions: 14 x 13
Room Length: 14.00
Room Width: 13.00
Room 4 Information
Room Type: Bedroom
Room Level: 2
Room Dimensions: 13 x 13
Room Length: 13.00
Room Width: 13.00
Room 5 Information
Room Type: Bedroom
Room Level: 2
Room Dimensions: 13 x 11
Room Length: 13.00
Room Width: 11.00
Room 6 Information
Room Type: Living Room
Room Level: 1
Room Features: Fireplace
Room Dimensions: 30 x 18
Room Length: 30.00
Room Width: 18.00
Room 7 Information
Room Type: Dining Room
Room Level: 1
Room Features: Fireplace
Room Dimensions: 16 x 14
Room Length: 16.00
Room Width: 14.00
Room 8 Information
Room Type: Kitchen
Room Level: 1
Room Features: Butlers Pantry, Granite/Granite Type Countertop, Kitchen Island, Walk-in Pantry, Water Line to Refrigerator
Room Dimensions: 23 x 19
Room Length: 23.00
Room Width: 19.00
Room 9 Information
Room Type: Living Room
Room Level: 1
Room Dimensions: 14 x 11
Room Length: 14.00
Room Width: 11.00
Exterior
Building Information
Roof: Composition
Construction Materials: Siding
Foundation Details: Slab
Exterior Features
Patio And Porch Features: Covered
Pool Information
Has Pool
Pool Features: Gunite, In Ground
Farm Information
Barns Count: 0
Lot Information
Lot Size: .5 to < 1 Acre
Lot Size Acres: 0.6340
Lot Size Area: 0.6340
Lot Size Dimensions: 114 X 247
Lot Size Source: Assessor
Lot Size Square Feet: 27617.0400
Lot Size Units: Acres
Parcel Number: 00000421891000000
RATIO List Price By Lot Size Acr: 5039432.17666
Will Subdivide: No
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features YN: No
Security Features: Security System
Property Attached YN: No
Accessory Unit SF: 575
Accessory Unit Type: Guest Quarters
Accessory Unit YN: Yes
Multi Parcel IDYN: No
Property Key: 48113|00000421891000000|1|72971547
Property Match: APN
US Property MUI: 410666112
Other Equipment: Generator
Building Information
Year Built: 1984
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Block: 65607
Tax Legal Description: INWOOD BLK 6/5607 LOT 6 & E 3FT LOT 5 FALLS R
Tax Lot: 6
Financial Information
Buyer Financing: Conventional
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water
Location
HOA Information
Association Type: None
School Information
Elementary School: Pershing
Elementary School Name: Pershing
High School Name: Hillcrest
Middle School Name: Benjamin Franklin
School District: Dallas ISD
Location Information
County Or Parish: Dallas
Country: United States
Directions: North of Park Lane, south of Walnut Hill, west of Hathaway, and east of Hollow Way.
Latitude: 32.87665700
Longitude: -96.81180100
Geocode Confidence: High
Subdivision Name: Inwood
Public facts
Beds: 5
Baths: 5.0
Sq. Ft.: 5,128
Stories: 2.0
Lot Size: 0.63 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: 1984
County: Dallas County
APN: 00000421891000000
Home facts updated by county records on Oct 1, 2026
Other
Green Verification Information
Green Verification Count: 0
Listing Information
Attribution Contact: 214-616-1288
Consent for Visitors to Record: Video
List Source Original: Matrix
Listing Agreement: Exclusive Right To Sell
Listing Id: 21361765
Listing Key Numeric: 571201225
Listing Terms: Cash, Conventional
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 21
Possession: Closing/Funding
Seller Contributions: 30000
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Transaction Type: For Sale
Listing Date Information
Days On Market: 9
Cumulative Days On Market: 9
Close Date: 2026-09-18
Purchase Contract Date: 2026-08-28
Expiration Date Option: 2026-09-04
Listing Contract Date: 2026-08-19
Off Market Date: 2026-08-28
Status Change Timestamp: 2026-09-18T18:43:48.910
Listing Price Information
Original List Price: 3195000.00
List Price: 3195000.00
RATIO Close Price By Lot Size Ac: 5283911.67192
RATIO Current Price By Lot Size: 5283911.67192
Around this home
Schools
John J Pershing Elementary School
Public PreK-5 • Assigned • 0.7mi
7/10
Benjamin Franklin Middle School
Public 6-8 • Assigned • 1.6mi
5/10
Hillcrest High School
Public 9-12 • Assigned • 1.6mi
4/10
Provided by GreatSchools
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