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!