14 days on rocket

3148 Royal Ln, Dallas, TX, 75229

$875,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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3148 Royal Ln, Dallas$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage
Attached GarageYes
Year Built1977
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
MLS #20588446
Lot Size0.24 Acres
StatusActive

About 3148 Royal Ln

Calling all income property investors! Great investment opportunity for the right investor located in the heart of Dallas. This full duplex is also ideal for a buyer who also wants to live in one unit and rent out the other unit. With over 40k in upgrades, this duplex is sure to impress anyone looking to live in either unit. Any discerning eye will be able to see the significant upgrades throughout both units to help attract premium rents and a highly desirable tenant living experience. Convenience is key. This property is located just minutes away from the Dallas Tollway, major retail, and dining. One unit is rented on a long-term basis with rent at $2500+ monthly and the other unit is furnished and rented on a shorter-term basis with a rent of $3300 monthly. Additionally, the furniture may also be purchased separately in the furnished unit. All offers will be considered. Please submit your offer in a timely manner for full consideration. Contact agent to schedule an appointment.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 1

Listing Office:

  • Office Name: Paragon United Companies, LLC
  • Office Phone: (469) 879-8585
  • Listing Agent: Udi Umondak

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Laminate
  • Interior: High Speed Internet, Smart Home, Walk-In Closet(s), Wired for Sound
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage

Virtual/3D Tour

  • Virtual Tour: 3148 Royal Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • White High School, Public District Grades 9-12
  • Marsh Middle School, Public District Grades 6-8
  • Caillet Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Downtown Dallas: Take the ramp on the right for I-35E North 10.6 mi At Exit 439, head on the ramp right and follow signs for Royal Ln 0.2 mi Turn right onto Royal Ln toward Royal Ln 1.4 mi Arrive at Royal Ln 3148 Royal Ln, Dallas, TX 75229

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000

Tax Information:

  • Annual Amount: $6,352
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Dallas, TX.

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Dallas, TX

City

Med. Sold Price

$249K

Med. Price/SqFt

$149

Avg. Days On Market

37

# of Sold Homes

945

3148 Royal Ln vs Dallas

14 DAYS ON ROCKET

-23 Days

$875,000

+$626K More

KEY TAKEAWAY

This property is $626K more than the Median Sold Price in Dallas, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20588446

Listing Office:

  • Office Name: Paragon United Companies, LLC
  • Office Phone: (469) 879-8585
  • Listing Agent: Udi Umondak

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/1/2024, 9:25:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,352$316,290
2019$7,327$268,070
2018$7,113$249,990
2017$5,158$189,700

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4394963
6
/10

  • Caillet Elementary School

  • 3033 Merrell Rd

  • 0.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4394964
3
/10

  • Marsh Middle School

  • 3838 Crown Shore Dr

  • 1.82 miles

  • Public District Grades 6-8

High School

school-card-donut-4394965
3
/10

  • White High School

  • 4505 Ridgeside Dr

  • 2.86 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,288. Most Dallas, TX residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Dallas County›Dallas›75229›3148 Royal Ln

This home is located at 3148 Royal Ln in Dallas, TX and zip code 75229 in the Westhollow neighborhood. This home, which was built in 1977, sits on a 0.24 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $875,000.

Over 0 listings were sold over their listed price in April 2024 in Dallas, TX. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. In April 2024 in Dallas, TX there were 15.8% more homes for sale than in March 2024. In April 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $249,000.

From Rocket Homes Real Estate and based on county public records data.

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