'Once in a lifetime' applies to this spectacular property with breathtaking panoramic views of White Rock Lake, Downtown Dallas skyline & gorgeous Texas sunsets. Truly unique, it offers picturesque, unobstructed views on a .460-acre elevated treed lot across from a park at White Rock Lake. Several possibilities for an architectural masterpiece are available, either new construction or renovating the existing 2,476 sf mid-century modern home with detached 832 sf full quarters & 2-car garage, 2 car-carport. Seller has survey & conceptual architectural plans for options. Near Dallas' Arboretum, biking & hiking trails along White Rock, and 20 min. to Downtown, don't miss this hidden oasis in the heart of Dallas!
Single-familyProperty Type
1955Year Built
0.46 acresLot Size
$404Est. Price/Sq.Ft.
4 garage spacesParking
Listed by Malinda Arvesen• Briggs Freeman Sotheby's Int'l
Listed by David Arvesen• Briggs Freeman Sotheby's Int'l
Bought with Alessandro Cola• Coldwell Banker Realty
Premier, nearly half acre lot with a spectacular view of White Rock Lake all the way to Downtown. Build your dream home with a view of Dallas's most iconic lake. Great location 20 minutes from Downtown Dallas with easy access to NW Highway. Detached garage with quarters above including kitchenette and full bath with potential to renovate.
NTREIS #13658583
Feb 22, 2018
Listing Removed
—
Jan 6, 2018
Price Changed
$780,000
$315/sq ft
Nov 30, 2017
Price Changed
$785,000
$317/sq ft
Oct 30, 2017
Price Changed
$795,000
$321/sq ft
Sep 19, 2017
Price Changed
$830,000
$335/sq ft
Aug 21, 2017
Price Changed
$850,000
$343/sq ft
Jul 28, 2017
Listed
$890,000
$359/sq ft
NTREIS #13658553
Feb 22, 2018
Listing Removed
—
Jan 6, 2018
Price Changed
$780,000
$315/sq ft
Nov 30, 2017
Price Changed
$785,000
$317/sq ft
Oct 30, 2017
Price Changed
$795,000
$321/sq ft
Sep 19, 2017
Price Changed
$830,000
$335/sq ft
Aug 21, 2017
Price Changed
$850,000
$343/sq ft
Jul 28, 2017
Listed
$890,000
$359/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$21,138 (−0.4%)
$676,280 + $273,000
$949,280
2024
$21,217 (+12.1%)
$676,280 + $273,000
$949,280
2023
$18,927 (−5.2%)
$676,280 + $148,500
$824,780
2022
$19,974 (+4.4%)
$601,140 + $197,700
$798,840
2021
$19,135 (+2.7%)
$400,760 + $324,600
$725,360
2020
$18,636 (−0.8%)
$352,670 + $334,260
$686,930
2019
$18,778 (−3.9%)
$352,670 + $334,260
$686,930
2018
$19,545 (+16.3%)
$352,670 + $334,260
$686,930
2017
$16,809 (+3.2%)
$384,730 + $233,420
$618,150
2016
$16,280 (+6.2%)
$384,730 + $233,420
$618,150
2015
$15,323 (+2.0%)
$300,570 + $298,130
$598,700
2014
$15,025 (−10.5%)
$300,570 + $249,210
$549,780
2013
$16,793 (+11.3%)
$300,570 + $249,210
$549,780
2012
$15,083 (+2.0%)
$300,570 + $316,180
$616,750
2011
$14,789 (+3.0%)
2010
$14,353
2009
$14,353
Tax history for 406 Peavy Rd
Year
Property tax
Land + Additions
Assessment*
2025
$21,138 (−0.4%)
$676,280 + $273,000
$949,280
2024
$21,217 (+12.1%)
$676,280 + $273,000
$949,280
2023
$18,927 (−5.2%)
$676,280 + $148,500
$824,780
2022
$19,974 (+4.4%)
$601,140 + $197,700
$798,840
2021
$19,135 (+2.7%)
$400,760 + $324,600
$725,360
2020
$18,636 (−0.8%)
$352,670 + $334,260
$686,930
2019
$18,778 (−3.9%)
$352,670 + $334,260
$686,930
2018
$19,545 (+16.3%)
$352,670 + $334,260
$686,930
2017
$16,809 (+3.2%)
$384,730 + $233,420
$618,150
2016
$16,280 (+6.2%)
$384,730 + $233,420
$618,150
2015
$15,323 (+2.0%)
$300,570 + $298,130
$598,700
2014
$15,025 (−10.5%)
$300,570 + $249,210
$549,780
2013
$16,793 (+11.3%)
$300,570 + $249,210
$549,780
2012
$15,083 (+2.0%)
$300,570 + $316,180
$616,750
2011
$14,789 (+3.0%)
2010
$14,353
2009
$14,353
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
1
Lot width
108 ft.
Lot depth
189 ft.
Lot size
0.46 Acres
Year renovated
1955
Sq. Ft.
2,476
Year built
1955
Style
Single Family Residential
County
Dallas County
APN
00000518971000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 11, 2026.
R-7.5(A)
Single Family 7,500 sq ft District
This district comprises a major portion of the existing single family dwelling development of the city and is considered to be the proper zoning classification for large areas of the undeveloped land remaining in the city appropriate for single family dwelling use. This district is intended to be composed of single family dwellings together with public and private schools, churches, and public parks essential to create basic neighborhood units. Limited portions of these neighborhood units may consist of denser residential zoning classifications which are shown on the zoning district map or which later may be created by amendments to the map.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Senior
Office
Golf related
Park & open space
Property details
Parking
Parking Information
Carport Spaces: 2
Covered Spaces: 6
Parking Features: 2-Car Single Doors, Additional Parking, Circular Driveway, Driveway, Electric Gate, Garage, Garage Faces Front, Garage Faces Side
Parking & Garage
Has Garage
Has Attached Garage
Garage Spaces: 4
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 2
Bathrooms Total Decimal: 2.2
Bathrooms Total Integer: 4
Bedroom Information
Bedrooms Total: 4
Fireplace Information
Fireplaces Total: 1
Fireplace Features: Den, Gas, Gas Logs
Heating & Cooling
Cooling: Central Air, Electric
Heating: Central, Fireplace(s), Gas Jets, Natural Gas
Interior Features
Room Count: 12
Appliances: Dishwasher, Gas Oven, Gas Range, Plumbed For Gas in Kitchen
Number Of Living Areas: 2
Number Of Dining Areas: 2
Living Area: 2476.00
Levels: One
Flooring: Carpet, Ceramic Tile, Hardwood
Interior Features: Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Paneling, Walk-In Closet(s)
Laundry Features
Laundry Features: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
Room 1 Information
Room Type: Primary Bedrm
Room Level: 1
Room Features: Ensuite Bath, Medicine Cabinet, Walk-in Closet(s)
Room Dimensions: 18 x 13
Room Length: 18.00
Room Width: 13.00
Room 2 Information
Room Type: Bedroom
Room Level: 1
Room Features: Ensuite Bath, Walk-in Closet(s)
Room Dimensions: 13 x 12
Room Length: 13.00
Room Width: 12.00
Room 3 Information
Room Type: Bedroom
Room Level: 1
Built-in Cabinets, Walk-in Closet(s)
Room Dimensions: 12 x 9
Room Length: 12.00
Room Width: 9.00
Room 4 Information
Room Type: Bedroom
Room Level: 1
Room Features: Ensuite Bath, Split Bedrooms, Walk-in Closet(s)
Room Dimensions: 13 x 13
Room Length: 13.00
Room Width: 13.00
Room 5 Information
Room Type: Bathroom
Room Level: 1
Room Features: Corian/Corian Type Countertop, Medicine Cabinet
Room Features: Built-in Cabinets, Second Pantry, Separate Utility Room, Sink in Utility
Room Dimensions: 13 x 7
Room Length: 13.00
Room Width: 7.00
Room 10 Information
Room Type: Living Room
Room Level: 1
Room Dimensions: 25 x 15
Room Length: 25.00
Room Width: 15.00
Room 11 Information
Room Type: Den
Room Level: 1
Room Dimensions: 17 x 13
Room Length: 17.00
Room Width: 13.00
Room 12 Information
Room Type: Breakfast Room
Room Level: 1
Room Dimensions: 8 x 7
Room Length: 8.00
Room Width: 7.00
Exterior
Building Information
Roof: Composition
Construction Materials: Brick
Foundation Details: Pillar/Post/Pier
Exterior Features
Exterior Features: Gutters
Fencing: Back Yard, Fenced, Gate, Metal
Patio And Porch Features: Front Porch, Rear Porch
Lot Information
Lot Features: Few Trees, Greenbelt, Interior Lot, Water/Lake View
Lot Size: Less Than .5 Acre (not Zero)
Lot Size Acres: 0.4600
Lot Size Area: 0.4600
Lot Size Dimensions: 165.52x183.58x47.66x185.01
Lot Size Source: Assessor
Lot Size Square Feet: 20037.6000
Lot Size Units: Acres
Parcel Number: 00000518971000000
RATIO List Price By Lot Size Acr: 2391304.34783
Will Subdivide: Yes
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features YN: No
Property Attached YN: No
Accessory Unit Type: Guest Quarters
Accessory Unit YN: Yes
Multi Parcel IDYN: No
Property Key: 48113|00000518971000000|1|50986043
Property Match: APN
US Property MUI: 410693009
Building Information
Year Built: 1955
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Block: J6134
Tax Legal Description: LAKE HIGHLANDS ESTATES 4 BLK J/6134 LOT 8 VOL
Tax Lot: 8
Financial Information
Buyer Financing: Conventional
Loan Type: Treat As Clear
Mortgage Company: BTH Bank
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: Alley, City Sewer, City Water, Concrete, Curbs, Electricity Available, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Overhead Utilities, Sidewalk
Location
HOA Information
Association Type: None
School Information
Elementary School Name: Hexter
High School Name: Adams
Middle School Name: Robert Hill
School District: Dallas ISD
Location Information
County Or Parish: Dallas
Country: United States
Directions: Use GPS
Latitude: 32.85301200
Longitude: -96.71556000
Geocode Confidence: High
Subdivision Name: Lake Highlands Estates
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,476
Stories: 1.0
Lot Size: 0.46 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1955
County: Dallas County
APN: 00000518971000000
Home facts updated by county records on Jun 11, 2026
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 19
Possession: Closing/Funding
Seller Contributions: 5000
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Transaction Type: For Sale
Listing Date Information
Days On Market: 62
Cumulative Days On Market: 62
Close Date: 2022-10-03
Purchase Contract Date: 2022-09-08
Expiration Date Option: 2022-09-08
Listing Contract Date: 2022-07-08
Off Market Date: 2022-09-08
Price Change Timestamp: 2022-07-22T14:20:12.720
Status Change Timestamp: 2022-10-04T17:35:12.683
Listing Price Information
Original List Price: 1200000.00
Previous List Price: 1200000.00
List Price: 1100000.00
RATIO Close Price By Lot Size Ac: 1950217.39130
RATIO Current Price By Lot Size: 1950217.39130
Around this home
Schools
Victor High Hexter Elementary School
Public PreK-5 • Assigned • 0.4mi
8/10
Robert T Hill Middle School
Public 6-8 • Assigned • 0.7mi
5/10
Bryan Adams High School
Public 9-12 • Assigned • 2.7mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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