As is investor special in Preston Highlands-prime North Dallas location at Preston Rd & Frankford (Collin County). This spacious corner-lot property offers exceptional upside with a functional and flexible layout. Tax rolls show 4 bedrooms, 4 baths. A previous garage conversion adds another bedroom and living. The layout includes three bedrooms off the main hallway, a fourth bedroom near the living room with a guest bath, and a fifth bedroom with its own living space and full bath-ideal for an in-law suite, teen retreat, or home office. A 2.5-car detached garage with alley access enhances functionality. The L-shaped design brings in natural light through expansive windows overlooking a backyard filled with opportunity. Currently home to a rabbit refuge, the yard features a large covered patio, iron-fenced pool (needs restoration or removal), and a working water well-an extremely rare bonus within city limits. The home showcases original craftsmanship with custom cabinetry, built-ins, seven wedding cake ceilings, storm windows, a whole-house vacuum system, and 3-zone HVAC. Roof replaced approx. 4 years ago. Lovingly owned by the same family for over 20 years with no pets or kids-lightly lived in but in need of full renovation. Nearby updated homes support strong ARV potential: 7702 Lone Moor, 5728 Covehaven, and 5718 Mapleshade. This gem is perfect for savvy investors or buyers looking to customize a spacious home in a highly desirable neighborhood with nearby schools and excellent resale value. Bring your vision, your contractor, and your best offer!