A rare opportunity to secure an exceptional homesite in the heart of Preston Hollow. Situated on a large, oversized interior corner lot, this property offers the kind of setting that has become increasingly difficult to find in one of Dallas’ most coveted neighborhoods. Tucked within a secluded pocket between Preston Road and the Dallas North Tollway, the surrounding streets have no through traffic, creating a remarkably private and peaceful setting while remaining exceptionally convenient to everything Preston Hollow has to offer. The corner position provides approximately 270 degrees of visibility and an impressive canvas for designing a truly special custom residence. Surrounded by mature trees and established luxury homes, with beautiful neighborhood lakes nearby, this is an extraordinary opportunity to create an estate tailored entirely to your vision. Significant new construction throughout the surrounding area includes homes valued at $4.5-$5 million, further underscoring the long-term appeal of this premier location. Property is being offered for lot value. Existing residence to be sold AS IS. Bring your architect and builder and create something exceptional on one of Preston Hollow’s increasingly hard-to-find oversized homesites.
Preston Hollow, located between Preston Road and the Dallas North Tollway, is a residential and estate-style Dallas neighborhood with winding lanes and deep, tree-lined lots. The neighborhood’s character concentrates around the Preston Road corridor near Northwest Highway, where polished shopping plazas, chef-driven dining rooms, and low-key coffee counters set a measured pace. Architectural identity leans to midcentury ranch homes, updated traditional builds, and contemporary estates tucked behind mature canopies. The George W. Bush Presidential Center adds a civic, museum-like anchor just to the east. NorthPark Center and the Dallas Arboretum and Botanical Garden shape weekend rhythms with design, art, and outdoor walks.
Provided by Walk Score and Local Logic
Market insights
5859 Colhurst St · $1,650,000
DAYS ON MARKET
18 days
The average home goes pending in 46 days.
SALE-TO-LIST
96.9%
Most homes are selling 3% below list price.
LIST PRICE
$1,650,000
Median sale price in this area is $359,257. (78% lower than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Central vacuum
High-speed internet available
Vaulted ceilings
Wainscoting
Two living areas
Two dining areas
Five total rooms
One fireplace with gas logs
Bedrooms
4 bedrooms (primary bedroom on level 1; additional bedrooms on levels 1 and 2)
Bathrooms
3 full bathrooms
Kitchen
Dishwasher
Gas cooktop
Double oven
Refrigerator
Laundry & utility
Other kitchen/utility appliance noted
Flooring
Brick/Adobe
Carpet
Wood
Heating & cooling
Central air (electric)
Zoned cooling
Natural gas heating
Zoned heating
Exterior features
Covered courtyard
Gutters
Exterior lighting
Outdoor living center
Storage/shed
Covered rear porch
Chain link and wood fencing
Landscaped, level lot with large backyard grass and many trees
Sprinkler system
Irregular lot within a subdivision
City street frontage with curbs and gutters
Concrete road surface
Other structures: storage/shed
Home design
Single family residence
Two levels
Residential use
Built in 1956
Not attached to other properties
Parking
Attached 2-car garage (approximately 22' wide x 24' long)
Covered parking for 2 vehicles
Circular driveway
Concrete driveway
Enclosed garage
Security
Smoke detectors installed
Video surveillance present for visitors to record
Construction
Brick construction
Composition roof
Pillar/post/pier foundation
Utilities
City water
City sewer
Cable available
Electricity available
Individual gas meter
Individual water meter
Overhead and underground utilities
Sewer available
HOA & community
No association
Financial info
Listing terms include cash and conventional financing
No special taxing entities
Other
Property is in the Avalon subdivision
Lot is approximately 0.378 acres
Easements for telephone and utilities
No accessory unit and no agricultural exemptions
Restrictions: none
Electricity and solar
View estimated energy costs and solar savings for this home
A rare opportunity to secure an exceptional homesite in the heart of Preston Hollow. Situated on a large, oversized interior corner lot, this property offers the kind of setting that has become increasingly difficult to find in one of Dallas’ most coveted neighborhoods. Tucked within a secluded pocket between Preston Road and the Dallas North Tollway, the surrounding streets have no through traffic, creating a remarkably private and peaceful setting while remaining exceptionally convenient to everything Preston Hollow has to offer. The corner position provides approximately 270 degrees of visibility and an impressive canvas for designing a truly special custom residence. Surrounded by mature trees and established luxury homes, with beautiful neighborhood lakes nearby, this is an extraordinary opportunity to create an estate tailored entirely to your vision. Significant new construction throughout the surrounding area includes homes valued at $4.5-$5 million, further underscoring the long-term appeal of this premier location. Property is being offered for lot value. Existing residence to be sold AS IS. Bring your architect and builder and create something exceptional on one of Preston Hollow’s increasingly hard-to-find oversized homesites.
NTREIS #20999552
Oct 6, 2025
Listing Removed
—
Jul 15, 2025
Listed
$1,400,000
$407/sq ft
NTREIS #20673521
Jul 14, 2025
Listing Removed
—
Mar 29, 2025
Price Changed
$1,400,000
$407/sq ft
Sep 30, 2024
Price Changed
$1,500,000
$436/sq ft
Jul 13, 2024
Listed
$1,550,000
$451/sq ft
NTREIS #20512607
Jul 12, 2024
Listing Removed
—
Jul 10, 2024
Price Changed
$1,550,000
$451/sq ft
Jul 3, 2024
Price Changed
$1,500,000
$436/sq ft
Jan 15, 2024
Listed
$1,650,000
$480/sq ft
Public Records
Dec 20, 2021
Sold
*
NTREIS #14693473
Dec 17, 2021
Sold
*
Nov 7, 2021
Pending
—
Oct 25, 2021
Listed
$1,195,000
$348/sq ft
Public Records
Jul 25, 1986
Sold
*
Public Records
Mar 15, 1982
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$26,362 (+0.6%)
$756,000 + $427,880
$1,183,880
2024
$26,195 (−7.2%)
$756,000 + $416,000
$1,172,000
2023
$28,226 (+0.6%)
$604,800 + $625,200
$1,230,000
2022
$28,051 (+68.8%)
$604,800 + $517,060
$1,121,860
2021
$16,613 (+3.7%)
$548,100 + $81,670
$629,770
2020
$16,026 (−0.8%)
$510,300 + $80,450
$590,750
2019
$16,149 (−3.9%)
$510,300 + $80,450
$590,750
2018
$16,808 (+4.6%)
$510,300 + $80,450
$590,750
2017
$16,064
$510,300 + $80,450
$590,750
2016
$16,064 (+18.1%)
$510,300 + $80,450
$590,750
2015
$13,606 (+0.3%)
$510,300 + $80,450
$590,750
2014
$13,562 (+9.5%)
$415,800 + $80,450
$496,250
2013
$12,380
$415,800 + $80,450
$496,250
2012
$12,371 (−15.0%)
$374,220 + $80,450
$454,670
2011
$14,559 (+3.0%)
2010
$14,129
2009
$14,129
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
1.5
Lot width
—
Lot depth
—
Lot size
0.38 Acres
Year renovated
1956
Finished Sq. Ft.
3,438
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,438
Year built
1956
Style
Single Family Residential
County
Dallas County
APN
00000415162000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 1, 2026.
R-10(A)
Single Family 10,000 sq ft District
Single family residential development has taken place on intermediate sized lots in portions of the city in recent years. In order to protect and encourage the continued development of intermediate density with single family residences in appropriate areas of the city, the R-10(A) district is provided. In addition to single family residences, it is intended that churches, public and private schools, and public parks necessary to serve and complement the intermediate density development be permitted. The areas placed in the R-10(A) district are generally limited in area and are not intended to be subject to major alteration by future amendment except where changed conditions might justify the action or where minor adjustments in the boundary of a district may be appropriate to secure a reasonable development of the land.
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
Local insights from Redfin agents
It is State Fair of Texas time and if you've never been you need to head to Fair Park! The Fair is three weeks of exhibits, displays, contests, midway games and amazing food. There's live music on multiple stages everyday and do not forget the...
amazing Fletcher's Corny Dogs. They are a must have!
As a runner, I love Dallas for White Rock Lake and the incredible trail system connecting communities throughout DFW. Beyond the outdoors, Dallas offers world-class museums, live music venues, and endless entertainment. It’s a vibrant city with...
Absolutely love Dallas! It's known for its incredible Award-winning restaurants, and vibrant entertainment districts like Deep Ellum and Uptown. Home to the largest urban arts district in the country, world-class museums, and the iconic State Fair of...
Dallas is a city where location can dramatically shape the experience, with each area offering its own mix of architecture, dining, entertainment, and accessibility. One thing I always encourage buyers to consider is how they’ll actually move around...