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7140 Royal Lane Dallas, TX 75230
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Hillcrest Havens 02
MLS Listing ID 14467576
Sold Date 04/07/22
HOA Y/N None
Annual Tax Amount $21,595
Lot Size 0.621 Acres
Acres 0.621
Lot Dimensions 26,950.0000 SQF
Property Description
The property next door (7130 Royal Ln.) sold for $625,000. 7130 Royal has LESS buildable square footage than 7140 Royal and the sale of the property also included $40K for wall retention & wall repair. Pricing for 7140 Royal is per the following reasons:1) 7140 appraised for $745k2) already has $120K equity with current discounted pricing 3) more buildable sq ft then comp 625k next door4) current reinvestment in the immediate area will only increase the value5) property includes a sum pump system for a future irrigation system that will pull water from private lake rather than utilizing city water.
Location
State TX
County Dallas
Zoning Residential
Direction GPS friendly.
Exterior
Utilities Available Curbs, Dirt, Electricity Connected
Waterfront 1
Waterfront Description Dock Uncovered,Lake Front - Common Area
Street Surface Asphalt
Garage No
Building
Lot Description Interior Lot, Water/Lake View
Schools
Elementary Schools Kramer
Middle Schools Benjamin Franklin
High Schools Hillcrest
School District Dallas Isd
Others
Restrictions None
Ownership Per Tax
Financing Other
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Bought with Aimee Robinson • Robinson Capital Real Estate
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