Buildings / Dallas / Preston Ctr & NW Hwy / The Shelton
The Shelton
5909 Luther Ln · Preston Ctr & NW Hwy, Dallas
The building § 01
The Shelton is a named condominium tower in Preston Ctr & NW Hwy, Dallas. The building dates to 1983. It comprises 21 floors and 100 residences.
A 1983 tower at 5909 Luther Lane whose enduring draw is the school assignment: it is one of the few condominium buildings zoned to Highland Park ISD.
Core facts for this file have been cross-checked against public sources.
Residences & floor plans § 02
Residence sizes and mix: Wide plan variety across 21 floors; mid-floor plans dominate resales.
County record § CR
Dallas CAD - 2026 certified roll
- Residential tax accounts100
- Home sizes (min / median / max)741 / 1,435 / 4,111 sf
- Year built (county record)1983
- Median assessed value (2026)$699,250
- Assessed $ / sf (median)$425/sf
- Homestead exemptions~46% of accounts
- Sales tempo (deed transfers, 12 / 24 mo)8 / 19
- Most recent recorded transfer2026-05-20
- Owner mailing address at property (approx.)~70%
- Full-bath mix1ba: 8 · 2ba: 71 · 3ba: 19 · 4ba: 2
- Bedroom mix1bd: 8 · 2bd: 69 · 3bd: 21 · 4bd: 2
Compiled from the Dallas Central Appraisal District certified appraisal roll (certified July 2026), aggregating every residential unit account at this address. Account counts reflect current tax parcels - owner combinations over the years mean historic buildings often show fewer accounts than originally marketed units. Sales tempo counts deed-transfer dates on unit accounts - Texas is a non-disclosure state, so prices aren't public, but turnover is. Assessed values are the county's tax appraisals, which typically trail market sale prices. Homestead percentage counts accounts with an active homestead exemption - a useful public-record proxy for owner occupancy that lenders may consider. The mailing-address figure is a rougher approximation. See the county rankings and the open dataset.
Fees, dues & taxes § 03
HOA dues
Dues rate pending document verification. Rates in this market run between roughly $0.62 and $1.75 per square foot monthly depending on service level - the verified figure publishes with the full file.
Property taxes
- Taxing jurisdictionDallas County
- Combined rate (2025)~2.28%
City of Dallas 0.70% + county lines 0.42% + DISD 1.16% (2025 certified; homestead exemptions reduce the effective bill).
Policies & practicalities § 04
Leasing & rentals
Non-smoking property, including balconies.
School zoning
Zoned to Highland Park ISD — Hyer Elementary, Highland Park Middle, Highland Park High. Confirm the specific unit at HPISD before contracting.
Policies change by board vote - always confirm against the current rules and resale certificate.
Questions, answered § Q
How many units are in The Shelton?
The Shelton currently carries 100 residential unit tax accounts on the county roll.
How big are homes at The Shelton?
County records show homes from 741 to 4,111 sf, with a median of 1,435 sf.
What are the leasing and rental rules at The Shelton?
Non-smoking property, including balconies.
Is The Shelton mostly owner-occupied?
About 46% of unit accounts carry an active homestead exemption—a useful public-record proxy for owner occupancy.
Documents & verification § 05
The full file for The Shelton assembles the recorded declaration, bylaws, current rules, budget, reserve study, and a sample resale certificate, summarized in plain language with the provisions that decide deals — see the document checklist for what each one tells you: leasing restrictions, pet rules, right of first refusal, move-in fees, renovation approval, and insurance requirements.
Update this file
Own, sit on the board, or manage at The Shelton? Corrections and contributions - dues, policies, official floor plans, photos, documents - publish with the next update, credited or anonymous as you prefer.
Submissions are reviewed against documents; corrections are published openly on the file.
Sales & tracking § 06
Recent closed-sale tracking: Publishing with verification. Building-level sales tables publish monthly once deed-record verification for this building is live.
Get the full The Shelton report
The complete building report - county-certified data, sizes, values, homestead analysis, policies, and history - free by email, plus one monthly update for this building only.
Your report is emailed within one business day, then one short update a month for this building. Unsubscribe anytime.
Around the building § L
Preston Center's blocks of restaurants start at the garage door; HPISD schools shape the resale market as much as the address.