5338 W University Boulevard Dallas, TX 75209
- Dallas County
- Dallas TX
- 75209
- Local Area: Greenway Parks
Property Overview
5338 University Boulevard presents an exceptional opportunity in the heart of Greenway Parks, one of Dallas’s most admired and architecturally significant neighborhoods. Set on an 85 x 177 lot, this property offers multiple paths for the next owner—renovate and reimagine the existing 4 bed-3.1 bath 2,978-square-foot home on a slab foundation, or start fresh and build a custom residence designed for today’s lifestyle.
The existing home needs significant updating, but offers meaningful scale, a pool, and a premier setting for someone with remodeling experience and vision. For those looking to build, the .345-acre lot provides a rare canvas in a neighborhood known for its timeless character, mature trees, greenbelts, and strong sense of community.
Greenway Parks offers a truly special lifestyle in the heart of Dallas, with tree-lined streets, winding walking paths, and neighborhood green spaces woven throughout the community. Just minutes from Highland Park Village, Inwood Village, Uptown, and some of Dallas’s best dining and shopping, this location combines privacy, charm, and convenience.
Whether remodeled, expanded, or rebuilt, 5338 University Boulevard is a rare chance to create something exceptional in one of Dallas’s most prestigious and beloved neighborhoods.
Featured spaces
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Property highlights
Year Built 1969
School District Dallas Isd
HOA $1,600 Annually
Pool Pool
Parking 2-car garage, 2 covered
Architecture Traditional,Detached
Fireplace 1 Fireplaces
Neighborhood Greenway Parks
Full Property Details
Property Details
Quick Details
- Price $1,495,000
- Status Active
- Bedrooms 4
- Bathrooms 4
- Square Feet 2,978 Sq Ft
- Lot Size 0.35 acres
- Lot Size Sq Ft 15,028
- Year Built 1969
- Price / Sq Ft $502 / Sq Ft
- MLS # 21347244
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Greenway Parks
- Days on Market 44
Home Details
- Full Baths 3
- Half Baths 1
Kitchen & Interior
- Interior Features High Speed Internet
- Fireplaces 1
- Fireplace Features Wood Burning
Lot & Exterior
- Pool Features Pool
Parking
- Parking Circular Driveway
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- HOA Fee $1,600 Annually
- HOA Includes Maintenance Grounds
Utilities
- Utilities Sewer Available, Water Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Polk — Dallas ISD
- Middle Medrano — Dallas ISD
- High Jefferson — Dallas ISD
Listing Information
- MLS Board NTREIS
- List Date 07/31/2026
- Source Updated 09/13/2026
- Last Updated 09/14/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 5338 W University Boulevard
Dallas Central Appraisal District records for 5338 W University Boulevard, Dallas, TX 75209 show a CAD market value of $1,686,400 and a net appraised value of $1,686,400. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Dallas Central Appraisal District property-tax and appraisal records for 5338 W University Boulevard, Dallas, TX 75209, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Dallas Central Appraisal District Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $1,188,160 + Improvement Value $498,240 = CAD Market Value $1,686,400
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
MAIN DWELLING
Value: $498,240 Total Area: 2978 Sqft Living Area: 2978 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED GARAGE | — | 437 Sqft |
| POOL | — | 1 pool |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $1,686,400 − All Current CAD Reductions $0 = Current Taxed Starting Point $1,686,400
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
City
DALLAS |
$1,349,120 | 0.6988 | $11,785 | -$2,357 | $9,428 |
|
School District
DALLAS ISD |
$1,377,760 (H) | 0.9938 | $16,760 | -$3,067 | $13,693 |
|
County
DALLAS COUNTY |
$1,349,120 | 0.2155 | $3,634 | -$727 | $2,907 |
|
College
DALLAS COLLEGE |
$1,349,120 | 0.1066 | $1,797 | -$359 | $1,438 |
|
Hospital District
PARKLAND HOSPITAL |
$1,349,120 | 0.2120 | $3,575 | -$715 | $2,860 |
(H) Taxable reduction reflected in school district taxable value.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $37,551 − Est. Tax Reductions / Savings $7,226 = Est. Taxes (With Current Exemptions) $30,326
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $7,226. Estimated taxes without exemptions are calculated by applying each jurisdiction's tax rate to its pre-exemption taxable value. Exemption savings represent the difference between this unexempted estimate and the county's current tax estimate. Taxable values and tax rates vary by jurisdiction. Future taxes depend on buyer qualification and future adopted rates.
The current tax estimate reflects a homestead exemption on the property's present CAD record. That exemption does not automatically transfer to a new owner; a buyer must qualify for their own exemptions. For comparison, the current estimate is $30,326 with the exemptions shown today and $37,551 without exemptions. Actual future taxes will depend on buyer eligibility, future appraised values, and adopted tax rates.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2021 | $425,000 | $269,460 | $694,460 | — | — |
| 2022 | $425,000 | $458,040 | $883,040 | $763,906 | +$188,580 / +27.15% |
| 2023 | $425,000 | $458,040 | $883,040 | $840,296 | — |
| 2024 | $1,188,160 | $498,240 | $1,686,400 | $924,325 | +$803,360 / +90.98% |
| 2025 | $1,188,160 | $498,240 | $1,686,400 | — | — |
| 2026 | $1,188,160 | $498,240 | $1,686,400 | — | — |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $1,495,000 − Current CAD Market Value $1,686,400 = Under CAD Value -$191,400 (-11.3%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND GREENWAY PARKS
A curated look at local favorites, everyday stops, and lifestyle context near this property.