3201 Royal Ln, Dallas, TX 75229

0.50 Lot Acres

Land / Unimproved Land

11 Day(s) on HAR.com

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $1.13M	AVM Value $1.22M	AVM Value $309K
Value Range $1.05M - $1.21M	Value Range $1.11M - $1.33M	Value Range $ 309,380
Confidence Score 93% Margin of Error*: 7%	Confidence Score 93% Margin of Error*: 9%	Confidence Score NA

$1.13M

$1.22M

$309K

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

This is one of the last hard-corner development sites along a major thoroughfare in N Dallas. Sitting at 0.50 acres, this site provides a unique opportunity to either build a new home, multi-family dwelling or seek rezoning to develop a commercial building that would match the opposing 3 corners of the intersection. High visibility with large daily traffic counts, est. at 40-55k CPD between both directions of Webb Chapel and of Royal as of 2019 counts. The current owner is preparing to seek rezoning but is open to sell prior to the start of that process. Commercial use is the assumed highest and best use for the property. Seller is willing to assist in the rezoning process with an LOI or option cont. in place.

MLS#

NTREIS-20537938

Sold Price Range

$1,082,001 - $1,242,000

Listing Status

Sold

Address

3201 Royal Ln

City

Dallas

State

Zip Code

75229

County

Dallas County

Subdivision

Webster Grove

Neighborhood

View Preston Hollow Profile View all homes in Preston Hollow

Legal Description

WEBSTER GROVE BLK A/6434 LOT 1 LESS 790 SQ FT

Property Type

Land / Unimproved Land

Year Built

1964 / Appraisal District

Lot Size

0.50 Lot Acres./OTHER

Road Frontage

CITY

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PRESENTED BY

Latina Watts Platinum

4.92 / 5 (88 surveys)

Prominent Realty

Call

Exterior

Lot Description

Corner Lot, Level

Fencing

Wood

Easements

Access

Utility

City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Sidewalk, Underground Utilities

Road Surface

City Street

Lot information

Lot Size

0.50 Lot Acres /OTHER

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

LIST PRICE

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

Full Page

Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.