Sales comparison approach using 4 comparable sales within 1 mile sold in the last 6 months. Adjusted for updates and square footage. Factored recent upgrades and proximity to amenities.
Preston Hollow Colonial — 4BR/3.5BA with Renovated Kitchen
This brick colonial on a prominent Preston Hollow corner lot announces itself with generous street frontage and mature-scale proportions. Inside, the home unfolds across approximately 4,000 square feet of thoughtfully updated living space: hardwood floors run through formal and family rooms, a fireplace anchors the principal gathering areas, and high ceilings give an immediate sense of scale.
The kitchen — fully renovated in 2023 — is the heart of the house. Modern appliances and durable stone counters pair with practical storage and work surfaces sized for everyday family use and entertaining. Adjoining living and dining rooms accommodate both casual mornings and larger holiday crowds, while secondary bedrooms provide comfortable private quarters for family or guests. The home’s configuration supports flexible use: a home office, playroom, or media room can easily be accommodated without sacrificing primary-suite privacy.
Outdoors, the 0.28-acre level corner parcel offers rare space and versatility in this pocket of Dallas. The three-car attached garage plus additional driveway parking makes hosting easy and supports multiple-vehicle households. Brick construction with a composition shingle roof reflects sound bones and classic curb presence; interior systems are reported in excellent condition but a standard inspection is recommended for HVAC and plumbing verification.
Location is a primary draw: Walnut Hill Elementary is within easy walking distance, and household conveniences cluster nearby — Preston Hollow Park is less than a mile away, NorthPark Center is roughly two miles for upscale shopping and dining, and Dallas Love Field is a short drive. Zoned R-10(A) for single-family use, this residence blends the scale and privacy families seek with access to the city’s best amenities. With a recent kitchen refresh and strong neighborhood appreciation, this home is an attractive option for buyers seeking move‑in readiness and long-term value in one of Dallas’s most desirable neighborhoods.
See the properties helping shape the valuation.
Comparable sales
- 50 SF larger
- 0.5 additional bathrooms
- Similar lot size
- 5 years newer
- Same living area
- Similar lot size
- 3 years newer
A 1995 colonial on 0.28 acres.
Building
Site & utilities
Preston Hollow
Researched nearby locations
Location
5208 Caladium Drive, Dallas, TX 75229
Preston Hollow is a mature, tree-lined neighborhood prized for privacy, large lots, and proximity to Dallas’s premier shopping and dining. Residents enjoy convenient access to NorthPark Center, quiet residential streets, and neighborhood parks. The area attracts families and professionals seeking top-tier single-family homes, quality schools like Walnut Hill Elementary, and quick connections to Preston Road and Love Field. A strong sense of community and stable property values make Preston Hollow one of North Dallas’s most desirable addresses.
Excellent neighborhood park access with Preston Hollow Park under a mile away, NorthPark Center just 2 miles for walking and shopping, and convenient connections to city greenways and neighborhood sidewalks for daily exercise.
A factual market snapshot around 5208 Caladium Drive.
Preston Hollow currently reads as a balanced-to-leaning-seller market. Inventory in the submarket sits near two months — a level that favors sellers and supports competitive pricing for well-maintained single-family homes. Median sale prices in the area are approximately $950,000, with a one-year appreciation of ~5% and a five-year gain of about 35%, signaling sustained buyer demand. Average days on market hover around 30 days; well-priced, updated homes typically move faster. Single-family homes in Preston Hollow remain highly sought after by families and professionals because of lot sizes, school options, and proximity to NorthPark and employment nodes.
For buyers, now is a reasonable window to secure long-term upside in a neighborhood with historically low inventory. For sellers, comparable recent sales (several near $1M) show the market will value tasteful renovations—especially kitchens and functional parking—so the 2023 kitchen upgrade here is a clear advantage. Investors seeking rental return should note estimated monthly rent near $5,400 and a gross yield around 6.5% for luxury family rentals in the corridor, though owner-occupier demand remains the primary driver of price strength.
Single Family Residential
Zoning
Research-indicated uses
- Single Family
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
What the research supports — and what is still worth verifying.
Key findings
- City of Dallas zoning: R-10(A) for single-family homes
- Assessed value $870,000 — taxes $16,230 annually
- Strong historical appreciation rate of 35% over five years
- Located in prestigious Preston Hollow neighborhood
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify permits for kitchen renovation
- Assess HVAC and plumbing condition
- Complete home inspection
What stands out about this property.
Interior Features
- 4 bedrooms, 3.5 bathrooms
- Approximately 4,000 SF of living space
- Renovated kitchen (2023) with modern appliances
- Granite/stone countertops
- Hardwood floors throughout main living areas
- Inviting fireplace in main living room
- Formal dining and generous family room areas
- Two-story colonial layout
Exterior & Lot
- Corner lot with ample street frontage (.28 acres / ~12,000 SF)
- Brick construction with composition shingle roof
- 3-car attached garage plus additional driveway parking
- Level topography — easy yard usability
- Direct access from Caladium Drive
Location & Neighborhood
- Preston Hollow neighborhood — prestigious North Dallas enclave
- Walking distance to Walnut Hill Elementary (highly regarded)
- Near Preston Hollow Park (0.5 miles) and NorthPark Center (2 miles)
- Easy access to Preston Rd and Dallas Love Field (approx. 4 miles)
- Zoned R-10(A) — single-family residential
Walkability & Recreation
- Walkability Rating: 70/100 — Some errands on foot
- Nearby parks and green spaces: Preston Hollow Park (0.5 mi)
- NorthPark Center shopping and dining (2 mi)
- Dallas Love Field airport (4 mi) — quick regional access
- Community recreation options and neighborhood sidewalks for daily walks
Sources & research confidence.
See where the property research came from and how confidence varies by field.