5940 MARGEWOOD DRIVE, DALLAS, TX 75267
Homes for sale in Dallas.
Homes for sale in 75267.
5940 Margewood Drive
Dallas, TX 75267
List Price$425,000
Listing #20969637
About This Property
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.
Property Features
Location Information
County
Dallas
Subdivision
Mountain Lake Heights Addition
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Electricity Available
Zoning
Residential
Utilities
Electricity Available
Development Status
Streets Installed, Zoned
Lot Description
Acreage, Irregular Lot, Many Trees, City Lot
Road Description
City Street, Asphalt
Lot Size in Acres
1.21
Is One Story
No
Lot Size in Sq. Ft.
52,707
Lot Description
Acreage, Irregular Lot, Many Trees, City Lot
Current Use
Residential, Single Family
School
Elementary School District
Duncanville ISD
Jr. High School
Kennemer
Elementary School
Bilhartz
High School
Duncanville
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Lot Acres Source
Public Records
Status
Active
Similar Listings
Mortgage Calculator
$1,984
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,531
Monthly Tax
$354
Monthly Insurance
$99
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Daniel Harker, Keller Williams Realty DPR
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NTREIS - North Texas data last updated at January 16, 2026, 2:06 PM CT
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