3 months on rocket

5227 Ranchero Ln, Dallas, TX, 75236

$347,000

5.00 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20696032
Lot Size5.00 Acres
StatusActive

About 5227 Ranchero Ln

Unique opportunity to own 5 acres of your own on Ranchero Lane with 165 feet of frontage! The property is 1300 feet long and offers ideal layout for your next ranchette or estate. This area has experienced new construction and various improvements over the past few years with some values exceeding $1Million. Currently AG exempt with property taxes of only $14 per year.

Property Details

Property Features

Listing Office:

  • Office Name: Oliver Realty
  • Office Phone: (972) 921-5797
  • Listing Agent: Chris Oliver

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 5.00 Acres

Other

Directions Information:

  • Directions: From I-20 Exit Duncanville Road and head North, Left on Ranchero lane, property will be down on your right, past the home at 5201 Ranchero

Price Information

Listing Price Info

Price Summary:

  • List Price: $347,000

Tax Information:

  • Annual Amount: $11
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Dallas, TX.

Med. Sold Price

$260K

Med. Price/SqFt

$175

Avg. Days On Market

65

# of Sold Homes

869

5227 Ranchero Ln vs Dallas

102 DAYS ON ROCKET

+37 Days

$347,000

+$87K More

KEY TAKEAWAY

This property is $87K more than the Median Sold Price in Dallas, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20696032

Listing Office:

  • Office Name: Oliver Realty
  • Office Phone: (972) 921-5797
  • Listing Agent: Chris Oliver

IDX ©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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/17/2024, 10:20:53 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

YEARPROP. TAXASSESSMENT
2021$11$250,000
2019$2,131$75,000
2018$2,215$75,000
2017$2,219$75,000

History based on county public records data.

Payment Calculator

$1,799

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,107

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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.

Nearby Schools

school-card-donut-454027
4
/10
  • Fairmeadows Elementary School

  • 101 E Fairmeadows Dr

  • 0.99 miles

  • Public District Grades PK-4

school-card-donut-454028
3
/10
  • Bilhartz Elementary School

  • 6700 Wandt Dr

  • 1.30 miles

  • Public District Grades PK-4

school-card-donut-454029
6
/10
  • Ume Preparatory Academy - Duncanville

  • 415 N Cedar Ridge Dr

  • 1.74 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,676. Typical income of Dallas, TX residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5227 Ranchero Ln

What is the listing price of this property?

The listing price of 5227 Ranchero Ln property is $347,000.

What type of property is this?

The property 5227 Ranchero Ln is land located in Dallas, Texas, 75236.

Is this property for sale now?

Active Listing: 5227 Ranchero Ln 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 $11 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5227 Ranchero Ln is 5.00 acres.
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Rocket HomesTexasDallas CountyDallas752365227 Ranchero Ln

This home is located at 5227 Ranchero Ln in Dallas, TX and zip code 75236 in the Irwin Keasler / Red Bird neighborhood. This home sits on a 5.00 acre lot. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $347,000.

In October 2024, from all listings sold in Dallas, TX there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Dallas, TX increased by 13.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 65 days, the median list price was $260,000.

From Rocket Homes Real Estate and based on county public records data.

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