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$2,895,000

7038 Lakewood Blvd, Dallas, TX, 75214

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,612 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$801.5 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan, Wine Cooler
FlooringAdobe, Ceramic Tile, Hardwood, Other

Exterior

Exterior FeaturesBalcony, Courtyard, Fire Pit, Rain Gutters, Lighting, Private Yard, Uncovered Courtyard, Other
Lot Size10,985 sqft

Building Information

Year Built1930
Stories2
Roof Type104
Garage Spaces4

Land Information

APN00000232849000000
Lot Number10
SubdivisionMonticello
Land UseResidential
Legal DescriptionMONTICELLO BLK G/2835 NE 65FT LT 10 INT202500121369 DD06102025 CO-DC 2835 00G 01000 1DA2835 00G
Census Tract000100
Assessed Land Value$768,950
Assessed Improvement Value$817,400
Assessment Year2025

About this property

This 1930 home, designed by Clifford D. Hutsell, seamlessly combines historic charm w-thoughtful modern enhancements. Hutsell, who built fifty homes in the area between 1926 & 1941, was celebrated for his distinctive Spanish Eclectic style, & this residence is a standout example of his work. Expertly designed by Javier Burkle & his team at Burkle Creative, this home has been meticulously maintained, professionally landscaped, & was featured on the Lakewood Home Tour in 2019. The home retains its original character w-features like ironwork by Potter Art Metal Studios, pristine HDWD floors, elegant archways & plaster walls. The layout is both functional & inviting, w-the formal living & dining room on one side and a cozy family room overlooking the courtyard & backyard on the other. The house is filled with luxurious details, including Forbes & Lomax light switches, deVOL hardware & Waterworks fixtures. Upstairs, the home offers 4 bedrooms, including a flexible 4th bedroom w-an ensuite bathroom, perfect as an office or guest space. The chef’s kitchen was fully renovated in 2023, boasting custom millwork & top-tier appliances, including a 48in. Bertazzoni range & Jenn-Air 60in. built-in, paneled refrigerator-freezer. The design is both practical & beautiful, w-a large island & a breakfast bar, features like a hidden bar w-a wine-beverage cooler. Both the upstairs bath & powder bath have been updated with Portola’s Roman Clay finishes, complementing the high-end designer touches throughout the home. The professionally landscaped property also features an oversized 3-car garage, with one-bedroom guest quarters above. The quarters feature 10 ft ceilings & include a full kitchen, office, living room, bathroom, walk-in closet, & French doors out to a spacious balcony. Ideally located just minutes from downtown Dallas, within walking distance of White Rock Lake and Park, & in the highly sought-after Lakewood Elementary School zone, this home is ready for its next chapter.

Investor Tools

Property Icon
$2,925,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,925,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,550 /month
Positive
Cash Flow Estimate:
$5,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,394
$1,586,350
2025
$768,950
$817,400
$1,586,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27,394
$1,586,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,925,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
N/A
+$2,210/mo
0.9%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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7038 Lakewood Blvd | Property Details | No Agent List