Dallas, TX 75230,7140 Royal Lane

$630,000

Est. payment /mo
Est.Price: ?

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7140 Royal Lane Dallas, TX 75230

0.62 Acres Lot

SOLD DATE : 04/07/2022

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 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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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Aimee Robinson • Robinson Capital Real Estate
Bought with Aimee Robinson • Robinson Capital Real Estate

Brian Haile

Broker Associate | License ID: 0648651

+1(254) 485-1827

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