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$1,366,000

7156 Royal Lane, Dallas, TX, 75230

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths4 Bath
Baths3,567 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.96 / sqft
Year BuiltBuilt in 1956

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Plumbed For Ice Maker, Vented Exhaust Fan

Exterior

Lot Size21,089 sqft

Building Information

Year Built1956
Stories1
Roof Type110
Garage Spaces2

Land Information

APN00000606646000000
SubdivisionHillcrest Havens No 2 Revised
Land UseResidential
Legal DescriptionHILLCREST HAVENS NO 2 REVISED BLK 5/6586 LT 11 INT202200050221 DD02102022 CO-DC 6586 005 01100 1006586 005
Census Tract013102
Assessment Year2025

About this property

Resort-like estate on a private lake with fountain. Your own oasis in the city. Great drive-up appeal with circular driveway and front porch with architectural columns. Close to half an acre lot with multilevel landscaped patios. Fully renovated home great for entertaining. Two split master suites, one with a balcony overlooking the water. Baths with Carrara marble. Two large formals with fireplaces, cross beams boast wall Pella windows with unobstructed views of the outstanding backyard and lake. Large updated eat-in kitchen with breakfast nook, built-in Sub-Zero refrigerator, Viking range, and hood. Separate utility room with sink and cabinets. Minutes from Preston Hollow Village and North Park Mall.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,468
$1,050,000
2025
N/A
N/A
$1,050,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,468
$1,050,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$840,000
No
First
Feb 10, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$772,840
$593,160
43%
57%
$5,037/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$5,037/mo
$-2,465/mo
2.3%

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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7156 Royal Lane | Property Details | No Agent List