NOT LISTED FOR SALE

7156 Royal Ln Dallas, TX 75230

Estimated Value: $1,353,000 - $1,499,000

4 Beds
3.5 Baths
3,567 Sq Ft
$391/Sq Ft Est. Value

Last Sold February 10, 2022

Current estimated payment $9,387/month

Highlights

  • Lake Front
  • 2 Fireplaces
  • Central Heating and Cooling System
  • Built-In Refrigerator
  • Burglar Security System
  • 2 Car Garage

About This Home

As of April 2022

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.

Last Agent to Rent the Property

Justin Phillips

Phillips Realty Group & Assoc License #0566064 Listed on: 02/23/2022

Phillips Realty Group & Assoc

Last Renter's Agent

NON-MLS MEMBER

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,468

Year Built

  • Built in 1956

Lot Details

  • 0.48 Acre Lot
  • Lake Front
  • Fenced

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Rear-Facing Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,567 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Brick Fireplace

Kitchen

  • Gas Range
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Schools

  • Kramer Elementary School
  • Benjamin Franklin Middle School
  • Hillcrest High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas

Community Details

  • Hillcrest Havens Add Instl 2 Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $7,000
  • Tenant pays for all utilities
  • $45 Application Fee
  • Legal Lot and Block 11 / 5/658
  • Assessor Parcel Number 00000606646000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,468

Year Built

Built in 1956

Lot Details

0

Parking

2

Rental Info

  • Deposit Amount: 7000
  • Lease Conditions: Application Fee
  • Lease Type: 1 Year Plus
  • Tenant Pays: All Utilities
  • Application Fee: 45

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Restrictions: None
  • Security: Burglar, Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 1.96243
  • Special Features: None
  • Year Built: 1956

Interior Features

  • Square Footage: 3567.00
  • Fireplace Features: Brick
  • Appliances: Built-in Refrigerator, Dishwasher, Disposal, Gas Range, Plumbed for Ice Maker, Refrigerator, Vented Exhaust Fan
  • Fireplaces: 2
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 2
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Fencing: Fenced
  • Construction Materials: Brick
  • Waterfront: Yes

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 1
  • Total Covered Spaces: 2
  • Parking Features: Garage, Garage Faces Rear
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water, Concrete, Curbs

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Dallas ISD
  • Elementary School: Kramer
  • Middle School: Benjamin Franklin
  • High School: Hillcrest
  • School District: Dallas ISD
  • Elementary School: Kramer
  • High School: Hillcrest

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.4840
  • Parcel Number: 00000606646000000
  • Lot Size Acres: 0.4840
  • Lot Size Sq Ft: 21083.0400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1956

Tax Info

  • TaxBlock: 5/658
  • Tax Lot: 11

Multi Family

  • WaterfrontFeatures: Lake Front

MLS Schools

  • MiddleOrJuniorSchool: Benjamin Franklin
  • Middle School Name: Benjamin Franklin
  • Elementary School Name: Kramer
  • High School Name: Hillcrest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Feb 10, 2022
Sold by
Mendez-Kohler Family Trust
Bought by
Ou Richard
Seller's Agent
Charo Costello
Costello & Associates
Buyer's Agent
Justin Phillips
Phillips Realty Group & Assoc
List Price
$1,245,000
Current Estimated Value
$1,394,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$784,441
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$537,057

Purchase Details

Closed on
Jun 5, 2014
Sold by
Kohler John Robert and Kohler Tina Mendez
Bought by
The Mendez Kohler Family Trust

Purchase Details

Closed on
Apr 25, 1997
Sold by
Kohler Reba L
Bought by
Kohler John Robert and Kohler Tina Mendez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
8.17%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ou Richard -- Schultz & Kellar Pllc
The Mendez Kohler Family Trust -- None Available
Kohler John Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ou Richard $840,000
Previous Owner Kohler John Robert $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Rented $7,000 0.0% --
04/13/2022 04/13/22 Under Contract -- -- --
03/23/2022 03/23/22 Price Changed $7,000 -11.4% $2 / Sq Ft
03/10/2022 03/10/22 Price Changed $7,900 -11.2% $2 / Sq Ft
02/23/2022 02/23/22 For Rent $8,900 0.0% --
02/10/2022 02/10/22 Sold -- -- --
01/21/2022 01/21/22 Pending -- -- --
10/20/2021 10/20/21 Price Changed $1,169,000 -6.1% $328 / Sq Ft
07/01/2021 07/01/21 For Sale $1,245,000 -- $349 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,468 $1,050,000 $339,530 $710,470
2024 $23,468 $1,050,000 $339,530 $710,470
2023 $23,468 $1,050,000 $339,530 $710,470
2022 $25,562 $1,022,340 $315,280 $707,060
2021 $16,568 $628,040 $388,040 $240,000
2020 $14,167 $522,200 $421,780 $100,420
2019 $17,565 $617,340 $421,780 $195,560
2018 $15,854 $583,020 $371,170 $211,850
2017 $15,854 $583,020 $371,170 $211,850
2016 $15,146 $556,980 $337,420 $219,560
2015 $8,286 $472,370 $219,330 $253,040
2014 $8,286 $472,370 $219,330 $253,040
Source: Public Records

Agents Affiliated with this Home

  • Justin Phillips

    Landlord's Agent in 2022

    Justin Phillips

    Phillips Realty Group & Assoc

    (972) 786-4219

    126 Total Sales

    Justin Phillips
    Section Image

  • C

    Seller's Agent in 2022

    Charo Costello

    Costello & Associates

    (214) 566-3616

    16 Total Sales

    Charo Costello
    Section Image

  • N

    Tenant's Agent in 2022

    NON-MLS MEMBER

    NON MLS

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14764537

North Texas Real Estate Information Systems (NTREIS)

APN: 00000606646000000

Texas Dallas County Dallas 75230

7156 Royal Ln, Dallas, TX

This home is located at 7156 Royal Ln, Dallas, TX 75230 since 23 February 2022 and is currently priced at $1,394,674. This property was built in 1956. 7156 Royal Ln is a home located in Dallas County with nearby schools including Arthur Kramer Elementary School, Benjamin Franklin International Exploratory Academy, and Hillcrest High School.

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