Updated Dec 21, 2023
Dirk Nowitzki Acquires Preston Hollow Single-Family Home For $5.75M
Preston Hollow, Dallas, TX, USA
$5,750,000
$504/SF
Building Size
11,394 SF
Asset Type
Single Family Residence
Closing
Dec 11, 2019
About this deal
AI
Dirk Nowitzki, former NBA player, recently purchased a single-family home in Preston Hollow, Dallas. The property, located in the prestigious Preston Hollow market, was sold for $5,750,000 on December 12, 2019. Covering a substantial area of 11,394 square feet, the home was acquired at an average price per square foot of $504.65.
Summary of transaction details
- Property Type: Single-family
- Transaction Amount: $5,750,000
- Address: Preston Hollow, Dallas
- Market: Preston Hollow
- Square Footage: 11,394
Allie Beth Allman & Associates, represented by Mark Storer, acted as the broker for Dirk Nowitzki in the purchase of this property in Preston Hollow. Dirk Nowitzki's purchase showcases his investment in a luxurious home in a highly sought-after market.
Players
Dallas Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $504 per square foot on a published $5.8M for 11,394 square feet (2019).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93