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$2,436,000

NAL Estimated Property Value

7206 Tokalon Dr, Dallas, TX, 75214

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths3,095 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$807.75 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Microwave
FlooringConcrete, Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting, Private Entrance, Private Yard
Lot Size23,765 sqft

Building Information

Year Built1949
Stories1
Roof Type111
Garage Spaces2

Land Information

APN00000322693000000
Lot NumberB
SubdivisionC A Lovejoy Survey Abstract #831
Land UseResidential
Legal DescriptionBLK 4418 LOT B TOKALON 717.1FR WINSTED VOL92080/2470 EX041692 CO-DALLAS 4418 000 00B00 1004418 000
Census Tract000100
Assessed Land Value$1,544,730
Assessed Improvement Value$213,270
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED BEST AND FINAL BY SUNDAY, JUNE 14th 5PM CST! A rare architectural offering in the heart of Lakewood, 7206 Tokalon seamlessly blends timeless design, exceptional craftsmanship, and extraordinary gardens. Originally built in 1949 and thoughtfully reimagined by its long-time owners with architect James Manning, the home was transformed into a sophisticated indoor-outdoor retreat inspired by 1960s Southern California modernism. Set on an exceptional lot with mature landscaping, a rolling backyard, and remarkable privacy, the property enjoys a rare borrowed view that stretches for miles, creating a sense of openness seldom found in the city. The renovation introduced striking architectural features including a sunken living room, expansive open-concept living spaces, and a dramatic atrium overlooking a reflecting pool and lush gardens. Walls of glass and carefully framed sight lines blur the line between indoors and out, filling the home with natural light and garden views. Custom millwork and curated materials, including riftsawn oak, Carrara marble, gray slate, and ceramic tile, create a refined yet inviting aesthetic. Thoughtful storage solutions and cohesive design details honor the home’s mid-century influences while supporting modern living. A private studio overlooking the gardens provides an inspiring workspace with concrete floors, rich wood built-ins, and integrated paneling. The residence and grounds have been featured in multiple publications and were recently highlighted in a book celebrating notable Texas gardens. More than a home, this property represents decades of artistic vision and collaboration between artist and designer Julie Cohn and landscape architect David Rolston, a truly special property where architecture, nature, and artistry exist in perfect balance.

Investor Tools

Property Icon
$2,436,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,436,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,000 /month
Positive
Cash Flow Estimate:
$5,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,710/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,334
$1,758,000
2025
$1,544,730
$213,270
$1,758,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$20,334
$1,758,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,436,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
N/A
+$1,750/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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7206 Tokalon Dr | Property Details | No Agent List