- Dallas County
- Dallas TX
- 75225
- Local Area: Shelton Condo
Property Overview
Ideally situated in the heart of Preston Center, this beautifully appointed corner 2-bedroom, 2-bath home at The Shelton offers refined high-rise living with an emphasis on privacy, space, and exceptional convenience. The thoughtfully designed floor plan features open living and dining areas, warm wood flooring, and seamless flow to a private balcony with north-facing views.
The kitchen opens to the main living space with generous cabinetry and counter space ideal for both everyday living and entertaining. The primary suite serves as a private retreat with custom closet storage and a spa-style bath, while the secondary bedroom offers flexibility for guests or a home office.
A truly rare offering, this residence includes two side-by-side parking spaces and a private enclosed storage room in the garage approximately the size of a bedroom. The Shelton is a full-service luxury building with concierge, valet, resort-style pool and spa, fitness center, resident lounges, and beautifully landscaped grounds, all moments from the boutiques and dining of Preston Center.
Featured spaces
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Property highlights
Year Built 1983
School District Highland Park Isd
HOA $1,348 Monthly
Pool Yes
Parking 2-car garage, 2 covered
Architecture Traditional
Acreage Estate 1.52 acres
Neighborhood Shelton Condo
Full Property Details
Property Details
Quick Details
- Price $575,000
- Status Active
- Bedrooms 2
- Bathrooms 2
- Square Feet 1,348 Sq Ft
- Lot Size 1.52 acres
- Lot Size Sq Ft 65,993
- Year Built 1983
- Price / Sq Ft $427 / Sq Ft
- MLS # 21164038
Overview
- Property Type Residential
- Property Subtype Condominium
- County Dallas
- Subdivision Shelton Condo
- Days on Market 188
Home Details
- Full Baths 2
- Half Baths 0
- Flooring Tile, Wood
- Heating Central, Electric
- Cooling Central Air, Ceiling Fans
Kitchen & Interior
- Appliances Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator, Washer, Wine Cooler
- Interior Features Decorative Designer Lighting Fixtures, Double Vanity, Granite Counters, High Speed Internet, Open Floorplan, Walk In Closets
Lot & Exterior
- Pool Features Community
Parking
- Parking Covered, Storage, Valet
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- HOA Fee $1,348 Monthly
- HOA Includes All Facilities, Association Management, Maintenance Grounds, Maintenance Structure, Sewer, Security, Water
Utilities
- Utilities Sewer Available, Water Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Hyer — Highland Park ISD
- Middle Highland Park — Highland Park ISD
- High Highland Park — Highland Park ISD
Listing Information
- MLS Board NTREIS
- List Date 03/20/2026
- Source Updated 07/29/2026
- Last Updated 08/19/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 5909 Luther Lane #800
Dallas Central Appraisal District records for 5909 Luther Lane #800, Dallas, TX 75225 show a CAD market value of $566,160 and a net appraised value of $566,160. 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 5909 Luther Lane #800, Dallas, TX 75225, 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 $68,310 + Improvement Value $497,850 = CAD Market Value $566,160
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: $497,850 Total Area: 1348 Sqft Living Area: 1348 Sqft
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 $566,160 − All Current CAD Reductions $0 = Current Taxed Starting Point $566,160
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 |
$566,160 | — | — | — | — |
|
School District
HIGHLAND PARK ISD |
$566,160 | — | — | — | — |
|
County
DALLAS COUNTY |
$566,160 | — | — | — | — |
|
College
DALLAS COLLEGE |
$566,160 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$566,160 | — | — | — | — |
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
Tax estimates are currently unavailable or not certified as a single unified scalar for this record. Tax rates and taxable values vary by taxing jurisdiction.
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 |
|---|---|---|---|---|---|
| 2020 | $68,310 | $309,130 | $377,440 | — | -$67,400 / -15.15% |
| 2021 | $68,310 | $309,130 | $377,440 | — | — |
| 2022 | $68,310 | $309,130 | $377,440 | — | — |
| 2023 | $68,310 | $329,350 | $397,660 | — | +$20,220 / +5.36% |
| 2024 | $68,310 | $477,630 | $545,940 | — | +$148,280 / +37.29% |
| 2025 | $68,310 | $497,850 | $566,160 | — | +$20,220 / +3.70% |
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 $575,000 − Current CAD Market Value $566,160 = Over CAD Value +$8,840 (+1.6%)
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 SHELTON CONDO
A curated look at local favorites, everyday stops, and lifestyle context near this property.