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7242 Lane Park Dr, Dallas, TX, 75225

$1,149,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,637 SqFt
$436/SqFt
House
Schools Nearby

Location

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7242 Lane Park Dr, Dallas$1,149,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAlley Access
Attached Garage2 spaces
Year Built1983
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
FireplaceGas Log, Wood Burning
MLS #20554295
Lot Size0.14 Acres
StatusActive

About 7242 Lane Park Dr

Fantastic One-story 3 bed 3 bath luxury home in the Lane Park Community provides generously sized living areas with vaulted ceilings, and split bedroom floorplan. Just freshly painted, new stainless steel double ovens and frig and numerous upgrades throughout including a master bathroom with steam sauna and jetted tub. Large zero lot line and private back yard with a covered patio, and yard area. Beautiful home and well maintained. Conveniently located near NorthPark Mall, restaurants, entertainment, and medical centers.

Property Details

Property Features

Property Information:

  • Architectural Style: Southwestern, Detached, Garden Home
  • Year Built: 1983
  • Stories: 1
  • Living Area: 2,637 SqFt

Listing Office:

  • Office Name: Allie Beth Allman & Assoc.
  • Office Phone: (214) 521-7355
  • Listing Agent: Marc Ching

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Wine Cooler
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior: High Speed Internet, Vaulted Ceiling(s)
  • Fireplace: Gas Log, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Alley Access

Virtual/3D Tour

  • Virtual Tour: 7242 Lane Park Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Interior Lot, Landscaped, Sprinklers, Few Trees, Zero Lot Line
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: From Hillcrest, go East on Park Lane, then South at entry to Lane Park, left on Lane Park Drive, Home wil lbe on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,149,000
  • Price Per SqFt: $436/SqFt

HOA Fees:

  • Amount: $425
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $13,018
  • 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

7242 Lane Park Dr vs Dallas

52 DAYS ON ROCKET

+13 Days

$1,149,000

+$901K More

$436/SqFt

+$291 More

KEY TAKEAWAY

This property is $901K more than the Median Sold Price and $291/SqFt more than other homes in Dallas, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20554295

Listing Office:

  • Office Name: Allie Beth Allman & Assoc.
  • Office Phone: (214) 521-7355
  • Listing Agent: Marc Ching

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: 4/30/2024, 9:25:22 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$13,018$603,660
2019$16,502$603,660
2018$17,176$603,660
2017$12,276$451,450

History based on county public records data.

Payment Calculator

$5,943

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,511

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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-3600882
6
/10
  • Preston Hollow Elementary School

  • 6423 Walnut Hill Ln

  • 1.07 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3600883
5
/10
  • Franklin Middle School

  • 6920 Meadow Rd

  • 1.01 miles

  • Public District Grades 6-8

High School

school-card-donut-3600884
4
/10
  • Hillcrest High School

  • 9924 Hillcrest Rd

  • 0.84 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,542. Typical income of Dallas, TX residents is between $100k-200k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7242 Lane Park Dr

What is the listing price of this property?

The listing price of 7242 Lane Park Dr property is $1,149,000.

What type of property is this?

The property 7242 Lane Park Dr is a house located in Dallas, Texas, 75225.

Is this property for sale now?

Active Listing: 7242 Lane Park Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7242 Lane Park Dr are:
Preston Hollow Elementary School: GreatSchools Rating 6/10
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 $13,018 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7242 Lane Park Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 7242 Lane Park Dr is 2,637 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7242 Lane Park Dr is 1983.

Rocket Homes›Texas›Dallas County›Dallas›75225›7242 Lane Park Dr

This home is located at 7242 Lane Park Dr in Dallas, TX and zip code 75225 in the Preston Hollow neighborhood. This 2,637 square foot home, which was built in 1983, sits on a 0.14 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $1,149,000.

In March 2024 more than 1 listings in Dallas, TX were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. The inventory of homes for sale in Dallas, TX between February 2024 and March 2024 increased by 16.8%. In March 2024 median list price was $248,000 and the average listing age was 39 days.

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

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