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5871 Elderwood Dr, Dallas, TX, 75230

5beds
6baths
5,284sqft
$3,390,000
$642price/sqft
$24,947/moest. monthly cost
$997,880/yrincome needed

About This Home

Exceptional new construction on a quiet street in the heart of Preston Hollow, situated on an oversized shaded lot. This thoughtfully designed home pairs timeless architecture with elevated finishes, featuring a stately Winterstone brick façade, & a 10-foot custom iron entry door. The foyer welcomes you into elegant formal spaces, including a private study & dining room, before opening to an open-concept living area designed for effortless entertaining. Floor-to-ceiling sliding glass doors create seamless indoor-outdoor living, opening to the covered loggia with a fireplace & professionally landscaped backyard. The chef’s kitchen is appointed with custom wood cabinetry, honed quartzite countertops, & a premium Thermador appliance package. An adjacent prep kitchen, scullery, & walk-in pantry provide exceptional functionality & storage. The first-floor primary suite offers a private retreat with serene backyard views. Its spa-inspired bath showcases quartzite surfaces, dual showers, & an oversized walk-in closet. A separate first-floor en-suite guest room provides ideal accommodations for visitors. Parking includes an oversized 2-car garage, separate single-car garage, private off-street motor court, & porte-cochère with direct access to the kitchen. Everyday functionality is enhanced by a mudroom with custom lockers & an adjacent laundry room. Upstairs, 3 generously sized en-suite bedrooms are complemented by a versatile flex space ideal for a game room, media, or secondary study. Designer finish selections throughout include white oak flooring, smooth-finish walls, Delta plumbing fixtures, custom lighting, curated tile selections from Riad Zellige & Bedrosians, & quartzite & marble countertops. Entire house is pre-wired for audio-video & security camera systems. Ideally located within the coveted private school corridor with direct access to the Northaven Trail, this exceptional residence delivers refined luxury living in one of Dallas' most coveted neighborhoods.

Getting Around

54
WalkingSomewhat Walkable
29
TransitSome Transit
63
BikeBikeable

Schools

4/10
Hillcrest High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: New Construction
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Double Oven,Dishwasher,Disposal,Gas Range,Microwave,Refrigerator,Vented Exhaust Fan
  • Laundry features: Laundry in Utility Room

Bedroom

  • Level: First
  • Dimensions: 0 x 0

Bedroom

  • Level: Second
  • Dimensions: 0 x 0

Bedroom

  • Level: Second
  • Dimensions: 0 x 0

Bedroom

  • Level: Second
  • Dimensions: 0 x 0

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Wet Bar,Built-in Features,Decorative/Designer Lighting Fixtures,Double Vanity,High Speed Internet,Kitchen Island,Open Floorplan,Walk-In Closet(s),Wired for Sound
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas Starter
  • Fireplace: Yes

Game Room

  • Level: Second
  • Dimensions: 0 x 0

Great Room

  • Level: First
  • Dimensions: 0 x 0

Heating & Cooling

  • Heating features: Central,Natural Gas,Zoned
  • Cooling features: Central Air,Electric,Zoned

Interior Area

  • Total interior livable area: 5,284 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 00000578503000000

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio,Covered
  • Exterior features: Lighting
  • Fencing: Wood

Lot

  • Lot size: 0.39 Acres
  • Features: Interior Lot,Irregular Lot,Landscaped,Sprinkler System
  • Lot size dimensions: 100 x 160

Parking

  • Total spaces: 3
  • Parking features: Garage,Garage Door Opener,Porte-Cochere
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Cold Wave
Tornado

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,141$205,692
Home Insurance *$1,054$12,648
Property Taxes $6,172$74,064
Electricity $580$6,962
Total$24,947$299,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$855,325/yr
40% on housing$748,410/yr
45% on housing$665,253/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$642This listing

vs Other Active Listings

Avg $/sqft

ZIP 75230$394
Dallas County$232

vs Homes Sold Last Month

Median $/sqft

ZIP 75230$450
Dallas County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Price change$3,390,000
2026-05-29Listed for sale$3,490,000
2012-05-10Listing removed$365,000
2012-04-10Listed for sale$365,000
2011-11-12Listing removed$374,500
2011-09-24Price change$374,500
2011-08-18Price change$389,000
2011-06-06Listed for sale$395,000

For Sale by Agent

AgentGianna Cerullo
BrokerageCompass RE Texas, LLC.

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