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7147 Royal Ln, Dallas, TX, 75230

$1,174,999

0.60 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20556694
Lot Size0.60 Acres
StatusActive

About 7147 Royal Ln

Discover the potential with this ready to build lot nestled in the heart of sought after North Dallas area. Great Lot of unimproved land (Extra large) corner lot. The land has been cleared and generally leveled with extra dirt on property with temporary fence around property ready for construction. If you want the front to face Royal or Lavendale the lot is wide enough. (195 deep with a frontage on Royal of 209). 0.603 acres (26,250 sq feet) of space to build upon. All concrete driveway has been removed. Amazing topography with great views. Seller has Dallas City approved plans, permits, architectural, landscaping and pool design with highly rated DFW custom builder ready to go for an additional $50,000. Easy access to 75! This lot is an island waiting for the perfect custom designed home. Save yourself time by seizing this opportunity to build your ideal living oasis! Don't let it slip away.

Property Details

Property Features

Listing Office:

  • Office Name: Signature Real Estate Group
  • Office Phone: (682) 551-8954
  • Listing Agent: Gursimran Gill

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  • Virtual Tour: 7147 Royal Ln

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Lot Features

Lot Information:

  • Lot: Cleared, Corner Lot, Level, City Lot
  • Lot Size: 0.60 Acres

School Info

Assigned Schools Information:

  • Hillcrest High School, Public District Grades 9-12
  • Franklin Middle School, Public District Grades 6-8
  • Kramer Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 75 drive west on Royal then lot is at the corner of Lavendale and Royal. It is on the North West corner

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,174,999

Tax Information:

  • Annual Amount: $5,152
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$248K

Med. Price/SqFt

$145

Avg. Days On Market

39

# of Sold Homes

797

7147 Royal Ln vs Dallas

50 DAYS ON ROCKET

+11 Days

$1,174,999

+$926.9K More

KEY TAKEAWAY

This property is $926.9K 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: #20556694

Listing Office:

  • Office Name: Signature Real Estate Group
  • Office Phone: (682) 551-8954
  • Listing Agent: Gursimran Gill

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: 4/28/2024, 2:25:19 AM 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$5,152$328,130
2019$16,858$616,710
2018$17,547$616,710
2017$15,203$559,100

History based on county public records data.

Payment Calculator

$5,932

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,589

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NMLS#3030

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-1851989
5
/10
  • Kramer Elementary School

  • 7131 Midbury Dr

  • 0.50 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1851990
5
/10
  • Franklin Middle School

  • 6920 Meadow Rd

  • 0.69 miles

  • Public District Grades 6-8

High School

school-card-donut-1851991
4
/10
  • Hillcrest High School

  • 9924 Hillcrest Rd

  • 0.85 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,694. The majority of Dallas, TX residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7147 Royal Ln

What is the listing price of this property?

The listing price of 7147 Royal Ln property is $1,174,999.

What type of property is this?

The property 7147 Royal Ln is land located in Dallas, Texas, 75230.

Is this property for sale now?

Active Listing: 7147 Royal Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7147 Royal Ln are:
Kramer Elementary School: GreatSchools Rating 5/10
Franklin Middle School: GreatSchools Rating 5/10
Hillcrest High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,152 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7147 Royal Ln is 0.60 acres.
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Rocket HomesTexasDallas CountyDallas752307147 Royal Ln

This home is located at 7147 Royal Ln in Dallas, TX and zip code 75230 in the Preston Hollow neighborhood. This home sits on a 0.60 acre lot. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $1,174,999.

In March 2024, from all listings sold in Dallas, TX there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Dallas, TX between February 2024 and March 2024 increased by 16.8%. Listings spent 39 days on the market in March 2024, and had a median list price of $248,000 during the same period.

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

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