Updated Sep 11, 2026
James Strode And Rosemary Strode Acquire 7,201 Square Foot Estate In Dallas For $7.5M
3900 Normandy Avenue
Building Size
7,201 SF
Asset Type
Single Family
Closing
Apr 30, 2026
About this deal
AI
The property asset involved in this transaction is a single-family estate located at 3900 Normandy Avenue, Dallas, TX, covering a substantial area of 7,201 square feet. The property was listed for $7.5 million prior to the sale.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7.5 million
- Buyer: Rosemary Strode; James Strode - Strode Property Company
- Seller: Barbara & John Randall Brown
- Brokerage: Compass
- Brokers: Becky Frey & Michelle Wood
This transaction featured James Strode and Rosemary Strode acquiring the estate from sellers Barbara and John Randall Brown. Compass managed the transaction, with Becky Frey serving as the representative for the sellers and Michelle Wood representing the buyers.
Players
Dallas Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93