- Dallas County
- Dallas TX
- 75230
- Local Area: Melshire Estates
Property Overview
Welcome to 5939 Melshire Drive, an exceptionally renovated home, in one of North Dallas’ most desirable and established neighborhoods. Taken to the studs to include new plumbing, electrical, ceiling heights, and updated layout, this renovation created modern functionality, with inviting spaces designed for both everyday living and entertaining. The open kitchen serves as the heart of the home, featuring generous workspace, ample storage, large center island and an easy flow into the main living and dining areas. A beautifully updated second living space provides additional room to gather, relax, or entertain. The primary suite offers a private retreat with a thoughtfully updated bath and closet, combining elevated finishes with improved organization and functionality. Three nicely, sized secondary bedrooms and two additional bathrooms complete the sleeping quarters. A handsome study with a wall of built-ins provides the perfect work-from-home space desired by many. With over $500,000 in renovation expenses, sellers spared no costs to ensure that the home is not only beautiful and functional, but that the important items not evident in pictures, were optimized too. The entire crawlspace was renovated and encapsulated, to include a dehumidifier with multiple sump pumps to ensure that moisture will not be an issue. Outside, mature landscaping and a beautifully designed pool offer a welcoming backdrop for outdoor enjoyment. A standout addition to this home, is the seller-built, 2.5 car detached garage, providing valuable parking, storage, or potential space for hobbies and projects. Ideally situated in the Melshire Estates, this home offers convenient access to shopping, dining, major thoroughfares, and many of the amenities that make this location so sought after. With meaningful updates already completed and flexible spaces throughout, the home is an exceptional opportunity to enjoy an established Dallas neighborhood with a home that is truly move-in-ready!
Featured spaces
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Property highlights
Year Built 1958
School District Dallas Isd
HOA No HOA
Pool Pool
Parking 2-car garage, 2 covered
Gated Gated entry
Architecture Traditional,Detached
Fireplace 1 Fireplaces
Neighborhood Melshire Estates
Full Property Details
Property Details
Quick Details
- Price $1,600,000
- Status Active
- Bedrooms 4
- Bathrooms 3
- Square Feet 2,859 Sq Ft
- Lot Size 0.37 acres
- Lot Size Sq Ft 16,074
- Year Built 1958
- Price / Sq Ft $560 / Sq Ft
- MLS # 21350139
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Melshire Estates
- Days on Market 10
Home Details
- Full Baths 3
- Half Baths 0
- Foundation Pillar Post Pier
- Roof Composition
- Flooring Carpet, Hardwood
- Heating Central, Natural Gas, Zoned
- Cooling Central Air, Ceiling Fans, Zoned
Kitchen & Interior
- Appliances Dishwasher, Electric Oven, Disposal, Gas Water Heater, Microwave
- Interior Features Built In Features, Decorative Designer Lighting Fixtures, Eat In Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Cable Tv
- Fireplaces 1
- Fireplace Features Den, Gas, Living Room, Masonry
Lot & Exterior
- Lot Features Interior Lot, Landscaped, Subdivision, Sprinkler System, Few Trees
- Exterior Features Rain Gutters
- Fencing Fenced, Gate, Wood
- Pool Features Gunite, In Ground, Outdoor Pool, Pool
Parking
- Parking Concrete, Door Multi, Driveway, Enclosed, Garage Faces Front, Garage, Garage Door Opener, On Street
- Garage Spaces 2
- Covered Parking 2
- Attached Garage No
Taxes & HOA
- Annual Taxes $30,312
Utilities
- Utilities Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Adamsjohnq — Dallas ISD
- Middle Walker — Dallas ISD
- High White — Dallas ISD
Listing Information
- MLS Board NTREIS
- List Date 08/09/2026
- Source Updated 08/16/2026
- Last Updated 08/19/2026
Property Tax & CAD Valuation for 5939 Melshire Drive
Dallas Central Appraisal District records for 5939 Melshire Drive, Dallas, TX 75230 show a CAD market value of $1,469,410 and a net appraised value of $1,160,354. 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 5939 Melshire Drive, Dallas, TX 75230, 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 $963,000 + Improvement Value $506,410 = CAD Market Value $1,469,410
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: $506,410 Total Area: 2859 Sqft Living Area: 2859 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| POOL | — | 1 pool |
| DETACHED GARAGE | — | 702 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.
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.
Statutory 10% limitation on annual increase in appraised value for qualifying residence homestead (Texas Tax Code § 23.23). This is an appraisal-stage limitation, not a local taxing jurisdiction exemption.
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 $1,469,410 − All Current CAD Reductions -$309,056 = Current Taxed Starting Point $1,160,354
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 |
$923,284 | 0.6988 | $10,268 | -$3,816 | $6,452 |
|
School District
DALLAS ISD |
$899,319 (H) | 0.9938 | $14,604 | -$5,666 | $8,938 |
|
County
DALLAS COUNTY |
$923,284 | 0.2155 | $3,167 | -$1,177 | $1,990 |
|
College
DALLAS COLLEGE |
$923,284 | 0.1066 | $1,566 | -$582 | $984 |
|
Hospital District
PARKLAND HOSPITAL |
$923,284 | 0.2120 | $3,115 | -$1,158 | $1,957 |
(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) $32,720 − Est. Tax Reductions / Savings $12,399 = Est. Taxes (With Current Exemptions) $20,321
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $12,399. 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 $20,321 with the exemptions shown today and $32,720 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 | $492,200 | $228,290 | $720,490 | — | +$34,340 / +5.00% |
| 2022 | $535,000 | $351,190 | $886,190 | $792,539 | +$165,700 / +23.00% |
| 2023 | $535,000 | $436,150 | $971,150 | $871,792 | +$84,960 / +9.59% |
| 2024 | $695,500 | $381,880 | $1,077,380 | $958,971 | +$106,230 / +10.94% |
| 2025 | $802,500 | $558,790 | $1,361,290 | $1,054,868 | +$283,910 / +26.35% |
| 2026 | $963,000 | $506,410 | $1,469,410 | $1,160,354 | +$108,120 / +7.94% |
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 $1,600,000 − Current CAD Market Value $1,469,410 = Over CAD Value +$130,590 (+8.9%)
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 MELSHIRE ESTATES
A curated look at local favorites, everyday stops, and lifestyle context near this property.