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5322 W Mockingbird Lane
About This Property
Inside, abundant natural light, rich hardwood floors, high ceilings, custom cabinetry, built-in bookshelves, detailed millwork, and a dramatic floor-to-ceiling fireplace create a warm yet sophisticated atmosphere. The oversized primary suite features a walk-in closet and timeless marble bath with skylight, while spacious secondary bedrooms offer comfort and privacy. Multiple living areas, a dedicated dining room, and a library or study overlooking the pool provide exceptional flexibility for entertaining, everyday living, or working from home.
Outside, a private pool is surrounded by lush gardens and a shaded patio, creating a secluded retreat for entertaining or relaxing. An alley-access driveway and garage provide convenient off-street parking while preserving the home's charming street presence. Immaculate, iconic, and ideally located, the Garden Elephant Cottage is a rare opportunity to own a truly special Dallas home in the heart of it all.
**ALSO LISTED FOR LEASE for $4,900 per month**
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 5, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Price Decreased |
$939,000
↓ $11K
(1.2%) | |
| Price Decreased | |||
| Aug 29, 2026 | Price Decreased |
$950,000
↓ $45K
(4.5%) | |
| Price Decreased | |||
| Aug 7, 2026 | No longer available | - | |
| No longer available | |||
| Aug 7, 2026 | Listed by Compass RE Texas, LLC | $995,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Building Info
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Price/ft²
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About Northwest Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017