Lease to Own
Address
3201 Royal Lane, Dallas, TX
Price
$ 1,250,000
Property Attributes
- MLS#20537938
- TypePending
- CountyDALLAS
- CityDallas
- NeighborhoodWebster Grove
- Zip75229
- StyleUnimproved Land
- Year Built1964
- Taxes$ 6013
- Price$ 1,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.5 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property 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.
| Elementary School |
|---|
| Degolyer Elementary School |
| Price History | |
|---|---|
| 2/16/2024 | Listed $1,125,000 |
General Features
| Development Status | City Limits,Streets Installed,Utilities Installed |
|---|---|
| Utilities | City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available,Overhead Utilities,Phone Available,Sewer Available,Sidewalk,Underground Utilities |
| Possession | Closing/Funding |
| Easements | Access |
| current use | Residential |
| Restrictions | Building,Deed |
| School District | Dallas ISD |
| Exclusions | All personal property |
| Year Built | 1964 |
| Documents Available | Aerial Photo,Survey |
| Unexempt Taxes | 6013 |
| Will Subdivide | No |
| Property SubType | Unimproved Land |
| Subdivision Name | Webster Grove |
| Possible Use | Commercial,Development,Investment,Multi-Family,Residential,Single Family |
| Zoning Description | Currently zoned Single Family Residential SFR. Highest and best use would be commercial,multi-family/duplex is a possible use as well. |
| Occupant Type | Owner |
| County | Dallas |
| Property Type | Land |
| HOA Type | None |
| Number Of Lots | 1 |
| Status | Pending |
| Directions | GPS Friendly. If 3201 Royal Ln does not come up,use 10811 Damon Ln (previous address for the property). |
| City | Dallas |
| Buyer Agent Compensation | 3 |
| Elementary School Name | Degolyer |
| High School | White |
| Street Name | Royal |
| Elementary School | Degolyer |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20537938 |
| Standard Status | Pending |
| Buyer Agent Compensation Type | % |
Interior Features
| Lock Box Type | None |
|---|---|
| Street Suffix | Lane |
Exterior Features
| Lot Features | Corner Lot,Level |
|---|---|
| Fencing | Wood |
| Soil Type | Unknown |
| Lot Size Source | Other |
| Lot Size | .5 to < 1 Acre |
| Frontage Feet | 150 |
| Lot Size Area | 0.5000 |
| Lot Size Dimensions | 150x158x150x139 |
| Lot Size Units | Acres |
| Road Frontage Distance | 150 |
| Road Frontage Type | City Street |
| Lot Size Square Feet | 21780.0000 |
| Lot Size Acres | 0.5000 |
| Road Surface Type | Concrete |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 75229
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
