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5940 Margewood Drive Dallas, TX $ 425,000
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$ 425,000 Get more info
5940 Margewood Drive
$ 425,000
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New Construction
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5940 Margewood Drive

Dallas, TX, 75267
$ 425,000
Baths0.0

Monthly Estimate*

$ 2,617

5940 Margewood Drive, Dallas, TX 75267 - Image 1
5940 Margewood Drive, Dallas, TX 75267 - Image 2
5940 Margewood Drive, Dallas, TX 75267 - Image 3
5940 Margewood Drive, Dallas, TX 75267 - Image 4
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Studio

Lots and Land for sale in Dallas, TX

for $425,000. The lot size is 1.21.

Prime Acre Lot Near Downtown Dallas – Build Your Dream Home! Seize the rare opportunity to own an expansive 1.21 ACRE LOT just minutes from the heart of Downtown Dallas. Nestled in a sought-after, rapidly developing area, this blank canvas offers endless possibilities for creating your custom dream home, luxury estate, or investment property. This spacious lot features level terrain, mature trees, and easy utility access, providing the perfect foundation for new construction. With convenient access to major highways, top-rated schools, vibrant shopping, dining, and entertainment, this location delivers both tranquility and urban convenience. Whether you're a developer, investor, or future homeowner, this exceptional parcel combines location, size, and potential—making it a standout opportunity in one of Dallas’s most desirable neighborhoods. Bring your architect and builder—this is where your vision begins.

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Lots and Land Active

Price

$ 425,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

1.21

Town/City

Dallas

County/Region

Dallas

MLS | Web ID

20969637
Features
General
Development Status City Limits Streets Installed Utilities Installed Zoned
Utilities Electricity Available
Possession Closing/Funding
current use Residential
Restrictions No Known Restriction(s)
School District Duncanville ISD
Property Subtype Unimproved Land
Subdivision Name Mountain Lake Heights Addition
County Dallas
Property Type Land
HOA Type None
Status Active
Directions From Dallas Take I-30 W Exit 38 TX-12 Loop S and TX-408 Spur S to TX-303 Spur EW Kiest Blvd. Take the TX-303 Spur Kiest Blvd exit from TX-408 Spur S. Follow TX-303 Spur EW Kiest Blvd and S Ledbetter
City Dallas
Elementary School Name Bilhartz
High School Duncanville
Elementary School Bilhartz
Standard Status Active
Listing Terms Cash
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Exterior
Lot Features Acreage Irregular Lot Many Trees
Lot Size Source Public Records
Lot Size 1 to < 3 Acres
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Internal Only
Street Number 1 5940
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* Excluded Features
List By
Daniel Harker

Listing Agent

Keller Williams Realty Dpr

Broker

Affordability Calculator

$2,617
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3934758 Elementary School
3671305 Middle School
See complete school information
Pricing History
Date Price Price Change Description
11/22/2025 $425,000 -5.56% Price Down
8/2/2025 $450,000 -10.00% Price Down
6/17/2025 $500,000 Listed Price

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5940 Margewood Drive, Dallas, TX, 75267 is a Lots and Land for sale at $425,000 with a lot size of 1.21. 5940 Margewood Drive is a studio with 0.0 baths. The property's zip code is 75267 which is in Dallas, TX

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