5045 Royal Lane, Dallas, Texas
$1,499,000
LOADING ..
Rare opportunity in the heart of Preston Hollow. Over an acre corner lot nestled behind shubbery in Russwood Acres offers the perfect opportunity to build your dream home. Surrounded by multi-million dollar estates, this prime piece of land represents incredible value for discerning buyers. With ample space for a custom-designed home, this lot provides the ultimate canvas for creating your personal paradise. The location is second to none—just moments away from world-class entertainment, dining, and shopping, ensuring convenience and luxury at every turn. Whether you're envisioning a sprawling estate or a more intimate retreat, the possibilities are endless on this exceptional parcel. Don't miss the chance to secure your spot in one of the most sought-after neighborhoods in the area. The land’s potential, combined with its unbeatable location, makes this an investment that will only appreciate in value.
School District: Dallas ISD
Dallas MLS #: 20864833
Representing the Seller: Listing Agent Judy Steinberg; Listing Office: Dave Perry Miller Real Estate
Representing the Buyer: Contact realtor Douglas Newby of Douglas Newby & Associates if you would like to see this property. Call: 214.522.1000 — Text: 214.505.9999
Property Overview
- Listing Price: $1,499,000
- MLS ID: 20864833
- Status: Sale Pending
- Days on Market: 51
- Updated: 3/18/2025
- Previous Status: For Sale
- MLS Start Date: 3/7/2025
Property History
- Current Listing: $1,499,000
Interior
- Number of Rooms: 0
- Full Baths: 0
- Half Baths: 0
Parking
Location
- County: Dallas
- Directions: From the Dallas North Tollway, exit Royal Lane and go west. The lot is on the corner of Royal & Inwood.
Community
- Home Owners Association: None
School Information
- School District: Dallas ISD
- Elementary School: Withers
- Middle School: Walker
- High School: White
Heating & Cooling
Utilities
- Utility Description:
Cable Available
City Sewer
City Water
Lot Features
- Lot Size (Acres): 1.09
- Lot Size (Sqft.): 47,480.4
- Lot Dimensions: 192 x 219
- Lot Description:
Corner Lot
Few Trees
Financial Considerations
- Price per Sqft.: $∞
- Price per Acre: $1,375,229
Disclosures & Reports
- Legal Description: 05502 LOT 42 INWOOD RD AND ROYAL LANE
- Restrictions: Easement(s)
- APN: 00000413932000000
Contact Realtor Douglas Newby for Insights on Property for Sale
Douglas Newby represents clients with Dallas estate homes, architect designed homes and modern homes. Call: 214.522.1000 — Text: 214.505.9999
Listing provided courtesy of North Texas Real Estate Information Systems (NTREIS)
We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an ‘as is, as available’ basis only.