Fabulous 1.2 Acre lot with many trees in the heart of Lobello Estates. NO HOA. Close to the most prestigious private schools in Dallas, fine dining and upscale shopping. This area is home to many older and newly built estates of the highest quality. Bring your ideas and architect for your dream house. Seller demolished the previous house, some trees and pool. All information contained herein, including but not limited to schools and square footage, is deemed reliable but not guaranteed and should be verified by buyer and buyer's agent. Please verify building restrictions and setback, buyer to obtain new survey.
Property Details
Property Features
Listing Office:
Office Name: HomeSmart
Office Phone: (713) 530-2689
Listing Agent: Maria Galvez
Lot Features
Lot Information:
Lot: Cleared, Interior Lot, Few Trees, City Lot
Other
Directions Information:
Directions: South on Inwood from Royal Lane; left on Lobello Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $3,100,000
Tax Information:
Annual Amount: $35,693
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Dallas, TX.
Last updated on: 11/21/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$35,693
$1,709,610
2019
$46,734
$1,709,610
2018
$42,957
$1,509,800
2017
$41,055
$1,509,800
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15.5K
Per Month
Principal & Interest
$15.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,360
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
John J. Pershing Elementary School
5715 Meaders Ln
Distance between this listing and this school0.61 miles
Public District Grades PK-5
6
/10
Preston Hollow Elementary School
6423 Walnut Hill Ln
Distance between this listing and this school1.56 miles
Public District Grades EE-5
5
/10
Harry C. Withers Elementary School
3959 Northaven Rd
Distance between this listing and this school1.75 miles
Public District Grades PK-6
Nearby Schools
5
/10
Walnut Hill International Leadership Academy
10115 Midway Rd
Distance between this listing and this school1.38 miles
Public District Grades EE-8
9
/10
George B Dealey Montessori Academy
6501 Royal Ln
Distance between this listing and this school1.54 miles
Public Magnet Grades PK-8
5
/10
Benjamin Franklin International Exploratory Academy
6920 Meadow Rd
Distance between this listing and this school1.97 miles
Public District Grades 6-8
Nearby Schools
3
/10
Thomas Jefferson High School
4001 Walnut Hill Ln
Distance between this listing and this school1.69 miles
Public District Grades 9-12
3
/10
W.T. White High School
4505 Ridgeside Dr
Distance between this listing and this school1.84 miles
Public District Grades 9-12
4
/10
Hillcrest High School
9924 Hillcrest Rd
Distance between this listing and this school2.00 miles
The neighbors living near this home have an average income of $179,412. Most Dallas, TX residents have annual incomes $200k+. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5138 Lobello Dr
What is the listing price of this property?
The listing price of 5138 Lobello Dr property is $3,100,000.
What type of property is this?
The property 5138 Lobello Dr is land located in Dallas, Texas, 75229.
Is this property for sale now?
Active Listing: 5138 Lobello Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $35,693 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5138 Lobello Dr in Dallas, TX and zip code 75229 in the Preston Hollow neighborhood. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $3,100,000.
Over 0 listings were sold over their listed price in October 2024 in Dallas, TX. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. Between September 2024 and October 2024, Dallas, TX real estate market has seen increase in the number of listings by 13.5%. In October 2024 median list price was $260,000 and the average listing age was 65 days.
From Rocket Homes Real Estate and based on county public records data.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Skiing/snowboarding
Skiing/snowboarding
Men's Tennis
PGA/LPGA
Nordstrom
Bloomingdales
Chico's
California Pizza Kitchen
Bonefish Grill
Qdoba
BMW
Lexus
Cadillac
Talk/Personality
News
Classical