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5237 Terry Street
About This Property
The living area showcases a soaring 20-foot ceiling, expansive windows, a dramatic two-story linear fireplace with fluted tile surround and wide-plank European white oak engineered hardwood flooring throughout the living areas and bedrooms. The chef's kitchen features ceiling-height cabinetry, Calacatta quartz countertops, a full-height quartz backsplash, a 3.5-inch mitered waterfall island, double ovens, and under-cabinet lighting. Pre-plumbed space beneath the staircase offers the option for a future wet bar.
A versatile first-floor bedroom and full bathroom accommodate guests, a home office, or multigenerational living. Upstairs, the private primary suite features a spa-inspired bathroom with large-format porcelain tile, a freestanding soaking tub, dual quartz vanities, a walk-in shower, and two walk-in closets. Two additional bedrooms complete the second floor, including one with a private balcony. Additional finishes include designer fixtures, under-cabinet bathroom lighting, and statement tile in the bathrooms and laundry room.
Outdoor living includes a covered patio, expansive pool-sized backyard, and 8-foot privacy fence. Ideally located near White Rock Lake, the Santa Fe Trail, Lakewood, Tenison Park Golf Course, and Samuel Grand Park, with convenient access to Downtown Dallas.
Energy-efficient construction includes ZIP System sheathing and waterproofing, encapsulated spray foam insulation, energy-efficient windows, ENERGY STAR heating and cooling equipment, and a tankless water heater. Additional features include low-voltage wiring, a security system, security lighting, and a security gate.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
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| Oct 21, 2026 | Listed by Allie Beth Allman & Associates | $695,000 | |
| Listed by Allie Beth Allman & Associates | |||
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2023 | Listed by Keller Williams Urban Dallas | $335,000 | |
| Listed by Keller Williams Urban Dallas | |||
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This East Dallas home is ideal for an investor who is wanting to build new construction on a premium corner lot! Bring your ideas and creativity to an upcoming area that is already experiencing an uptick in new construction. This home needs all work, SOLD AS IS, and lot is bigger than regular. Property is centrally located in Dallas, just minutes to downtown, near State Fair Park, major highway I30, Deep Ellum, Lower Greenville, walking distance to Santa Fee trails and near many restaurants. NO SIGN IN YARD.
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| Jul 9, 2017 | Listed | $179,999 | |
| Listed | |||
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INVESTOR SPECIAL! COMPLETE REHAB!! Great opportunity to buy into a rapidly redeveloping area of inner city Dallas. Blocks away from Santa Fe Trail, which connects miles of bike and hike trails between George Bush in Richardson and the Great Trinity Forest in Dallas. OVERSIZED CORNER LOT. Bring all offers!! The manager has listed the unit size as 1922 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017