- Dallas County
- Dallas TX
- 75219
- Local Area: Oak Lawn Place
Property Overview
Evoking the romance and timeless elegance of a Mediterranean hacienda, Casa de Sueños, or House of Dreams, is an exquisite Spanish Colonial estate offering architectural distinction, resort-style living, and rare residential-commercial versatility in the heart of Dallas. Steeped in timeless European charm, the main residence showcases exceptional craftsmanship through its limestone façade, red clay tile roof, wrought-iron balconies, exposed timber beams, hand-cut stone floors, graceful archways, and impressive limestone fireplaces. Gracious interiors include a grand living room opening to outdoor courtyards, formal dining room with authentic coffered ceiling, chef’s kitchen with professional-grade appliances, two primary suites, wine cellar, elevator, and elegant spa-inspired baths. Surrounded by mature trees and lush landscaping, the grounds offer a private Mediterranean retreat with expansive stone terraces, a resort-style pool and spa, cascading fountains, outdoor kitchen, stone cabana, and multiple fireplaces. Completing this exceptional offering is the adjoining 3702 Fairmount Street, a 2,600 SF commercially zoned limestone casita dating to 1930 and designed by celebrated Dallas architects Fooshee & Cheek, whose notable works include Highland Park Village. Offered together as a single residential and commercial estate, the property provides a rare opportunity to combine refined private living with flexible office space accommodating a variety of professional or other permitted commercial uses, just moments from Turtle Creek, Old Parkland, Uptown, and the Dallas Arts District.
Featured spaces
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Property highlights
Year Built 2005
School District Dallas Isd
HOA No HOA
Pool Pool + Spa
Parking 2-car garage, 2 covered
Gated Gated entry
Architecture Mediterranean,Spanish,Traditional,Detached
Outdoor Living Outdoor Living Area
Fireplace 3 Fireplaces
Full Property Details
Property Details
Quick Details
- Price $4,995,000
- Status Active
- Bedrooms 4
- Bathrooms 6
- Square Feet 7,021 Sq Ft
- Lot Size 0.32 acres
- Lot Size Sq Ft 13,765
- Year Built 2005
- Price / Sq Ft $711 / Sq Ft
- MLS # 21416272
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Oak Lawn Place
- Days on Market 2
Home Details
- Full Baths 4
- Half Baths 2
- Foundation Pillar Post Pier
- Roof Spanish Tile
- Flooring Hardwood, Stone, Travertine
- Heating Central, Natural Gas
- Cooling Central Air, Ceiling Fans, Electric
Kitchen & Interior
- Appliances Some Gas Appliances, Built In Gas Range, Built In Refrigerator, Dishwasher, Disposal, Microwave, Plumbed For Gas, Range, Refrigerator, Some Commercial Grade, Vented Exhaust Fan, Wine Cooler
- Interior Features Wet Bar, Built In Features, Cedar Closets, Chandelier, Cathedral Ceilings, Dry Bar, Decorative Designer Lighting Fixtures, Double Vanity, Eat In Kitchen, Elevator, High Speed Internet, Kitchen Island, Multiple Master Suites, Multiple Staircases, Open Floorplan, Pantry, Paneling Wainscoting, Smart Home, Cable Tv, Vaulted Ceilings, Wired For Data
- Fireplaces 3
- Fireplace Features Den, Gas Log, Gas Starter, Living Room, Primary Bedroom, Stone
Lot & Exterior
- Lot Features Interior Lot, Landscaped, Sprinkler System, Few Trees
- Exterior Features Awnings, Balcony, Courtyard, Fire Pit, Gas Grill, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower, Private Entrance, Private Yard, Rain Gutters
- Fencing Fenced, Gate, High Fence, Masonry, Perimeter, Security
- Pool Features Cabana, Gunite, In Ground, Outdoor Pool, Pool, Pool Spa Combo, Water Feature
Parking
- Parking Basement, Driveway, Garage Faces Front, Garage, Oversized
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $53,385
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Houston — Dallas ISD
- Middle Rusk — Dallas ISD
- High North Dallas — Dallas ISD
Listing Information
- MLS Board NTREIS
- List Date 10/22/2026
- Source Updated 10/22/2026
- Last Updated 10/23/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 2505 Welborn Street
Dallas Central Appraisal District records for 2505 Welborn Street, Dallas, TX 75219 show a CAD market value of $2,397,500 and a net appraised value of $2,397,500. 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 2505 Welborn Street, Dallas, TX 75219, 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 $585,740 + Improvement Value $1,811,760 = CAD Market Value $2,397,500
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: $1,811,760
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.
No standard exemptions or CAD reductions were detected in the current record.
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 $2,397,500 − All Current CAD Reductions $0 = Current Taxed Starting Point $2,397,500
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 |
$2,397,500 | 0.6988 | $16,754 | — | $16,754 |
|
School District
DALLAS ISD |
$2,397,500 | 0.9938 | $23,827 | — | $23,827 |
|
County
DALLAS COUNTY |
$2,397,500 | 0.2155 | $5,167 | — | $5,167 |
|
College
DALLAS COLLEGE |
$2,397,500 | 0.1066 | $2,555 | — | $2,555 |
|
Hospital District
PARKLAND HOSPITAL |
$2,397,500 | 0.2120 | $5,083 | — | $5,083 |
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) $53,385 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $53,385
The current CAD record does not establish an exemption tax savings calculation. A buyer’s future tax bill may differ.
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 | $585,740 | $2,114,260 | $2,700,000 | — | +$913,260 / +51.11% |
| 2022 | $585,740 | $3,364,260 | $3,950,000 | — | +$1,250,000 / +46.30% |
| 2023 | $585,740 | $1,811,760 | $2,397,500 | — | -$1,552,500 / -39.30% |
| 2024 | $585,740 | $1,811,760 | $2,397,500 | — | — |
| 2025 | $585,740 | $1,811,760 | $2,397,500 | — | — |
| 2026 | $585,740 | $1,811,760 | $2,397,500 | — | — |
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 $4,995,000 − Current CAD Market Value $2,397,500 = Over CAD Value +$2,597,500 (+108.3%)
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 OAK LAWN PLACE
A curated look at local favorites, everyday stops, and lifestyle context near this property.