5138 Lobello Drive, Dallas, Texas
$2,900,000
LOADING ..
Opportunity to build on an interior 1.2-acre lot (±52,272 SF) with mature trees on one of the most desirable streets in Lobello Estates, within Preston Hollow. Conveniently located near top private schools, fine dining, and upscale shopping, this property offers a sense of privacy in the heart of one of Dallas’ most prestigious neighborhoods. Lobello Estates has become a destination for modern estate homes designed by award-winning architects, and this corner lot offers the chance to bring your vision to life. Previous ownership had a unique custom house designed and the building plans are available upon request.
School District: Dallas ISD
Dallas MLS #: 20888694
Representing the Seller: Listing Agent Camila Gomez; Listing Office: Agency Dallas Park Cities, LLC
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: $2,900,000
- MLS ID: 20888694
- Status: For Sale
- Days on Market: 26
- Updated: 4/25/2025
- Previous Status: For Sale
- MLS Start Date: 4/1/2025
Property History
- Current Listing: $2,900,000
- Original Listing: $3,100,000
Interior
- Number of Rooms: 0
- Full Baths: 0
- Half Baths: 0
Parking
Location
- County: Dallas
- Directions: From Royal Lane, head south on Inwood Road. Turn left onto Lobello Drive. The property will be on your right.
Community
- Home Owners Association: None
School Information
- School District: Dallas ISD
- Elementary School: Pershing
- Middle School: Benjamin Franklin
- High School: Hillcrest
Heating & Cooling
Utilities
- Utility Description:
City Sewer
City Water
Electricity Available
Lot Features
- Lot Size (Acres): 1.2
- Lot Size (Sqft.): 52,272
- Lot Description:
Acreage
Cleared
Corner Lot
Few Trees
Interior Lot
- Fencing (Description):
None
Financial Considerations
- Price per Sqft.: $∞
- Price per Acre: $2,416,667
Disclosures & Reports
- Legal Description: LOBELLO ESTS BLK B/5518 LT 1
- Restrictions: Animals,Other
- APN: 00000415756000000
- Block: B5518
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.