Exceptional opportunity and value where you can build on a premier .54-acre corner homesite in the heart of Northwood Hills. Available only due to an unexpected owner relocation, this exceptional property offers the perfect combination of size, location, and flexibility. Situated in one of Dallas' most established neighborhoods, the lot features desirable alley access and is build-ready, with permits already in place for the seller's custom home plans—or bring your own architect and create a residence uniquely your own. Just minutes from the future Dallas Mavericks arena and entertainment district, this homesite is ideally positioned to benefit from one of the city's most exciting areas of future growth while enjoying the timeless appeal of Northwood Hills. Large, buildable lots in this location are increasingly difficult to find. Don't miss the opportunity to create a legacy home in one of Dallas' most desirable neighborhoods.
Westwood Junior High: the Math, Science, Leadership Magnet
Public 7-8 • Assigned • 1.4mi
7/10
Richardson High School
Public 9-12 • Assigned • 1.5mi
6/10
Provided by GreatSchools
About Northwood Hills-Valley
View
Northwood Hills-Valley View, located between I-635 and the President George Bush Turnpike, is a residential and commercial Dallas neighborhood with rolling creek corridors and mid-century ranch streetscapes. The neighborhood’s character concentrates around the Preston Road and Alpha Road crossroads, where low-slung shopping centers, patios, and everyday errands create a steady, lived-in rhythm. Northwood Club, Valley View Center’s redevelopment site, and the nearby Galleria Dallas act as familiar reference points for local routines. Homes range from 1960s brick ranches to updated two-stories, often set under mature trees. White Rock Creek and nearby greenbelts shape the geography with shaded trails and pocket parks. The feel is practical and polished, with workday convenience balanced by quiet blocks.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Vacant land (no current buildings/use listed)
City limits with streets installed
Restrictions noted
Exterior features
Corner lot
Cleared and level terrain
Few trees including oak and pine
City street frontage with concrete road surface
Easements present
Will not subdivide
Home design
Land property type
Residential zoning
Development status: inside city limits; streets installed
Construction
Existing structure year built listed as 1963
Utilities
City water
City sewer
Not in a municipal utility district
HOA & community
No homeowners association
Financial info
Listing terms include Cash, Conventional, and 1031 Exchange
Loan type noted as treat as clear
Other
Parcel/APN available
Directions: Use GPS coordinates 32.9407,-96.7824; located at the corner of Spring Valley Rd and Brookcrest Dr.
Subdivision: Northwood Hills 01
Electricity and solar
View estimated energy costs and solar savings for this home
This rare and exceptional .538-acre corner lot presents an unparalleled opportunity to build a custom, executive-style residence in a premier Dallas neighborhood. Mature trees and an undeniable character define this amazing building site, ideally situated within the highly-regarded Richardson Independent School District. Given the scarcity of vacant lots in this exclusive area, this property represents a significant investment potential. Do not hesitate...View this property today.
Public Records
Apr 19, 1999
Sold
*
Public Records
Jun 6, 1986
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$7,599 (+33.1%)
$325,000
2024
$5,711 (+11.5%)
$243,750
2023
$5,121 (−29.5%)
$211,250
2022
$7,266 (−50.5%)
$276,250
2021
$14,673 (−0.9%)
$276,250 + $251,440
$527,690
2020
$14,807 (+12.1%)
$211,250 + $313,650
$524,900
2019
$13,213 (+0.8%)
$211,250 + $253,750
$465,000
2018
$13,105 (+4.5%)
$220,000 + $223,750
$443,750
2017
$12,546
$220,000 + $223,750
$443,750
2016
$12,545 (+11.8%)
$220,000 + $223,750
$443,750
2015
$11,225 (+0.3%)
$220,000 + $223,750
$443,750
2014
$11,190 (+0.4%)
$220,000 + $180,950
$400,950
2013
$11,150 (+0.4%)
$220,000 + $180,950
$400,950
2012
$11,108 (+0.7%)
$160,000 + $240,950
$400,950
2011
$11,029 (−9.1%)
2010
$12,139
2009
$12,139
Public record
Public record
Zoning
Permits
Beds
4
Baths
4
Stories
1
Lot width
173 ft.
Lot depth
154 ft.
Lot size
0.54 Acres
Year renovated
1963
Finished Sq. Ft.
3,096
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,096
Year built
1963
Style
Single Family Residential
County
Dallas County
APN
00000732055000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 11, 2026.
R-1/2AC(A)
Single-Family District 0.5 Acre
There exists in certain parts of the city large areas of single family residential development on estate type lots of one-half acre or more in area. This development has been supplied with utilities and other public services based upon an estate type density. To conserve the character and value of buildings and building sites existing in these areas and to provide for the gradual expansion of this residential development in accordance with the need and a comprehensive plan for various types of residential districts, the R-1/2ac(A) district is provided. This district is intended to be composed of single family dwellings together with public and private schools, churches, and public park areas to serve the area. The sections designated in the R-1/2ac(A) districts are limited in area and are not intended to be subject to major alteration by future amendment except at the fringe of the districts where minor adjustments may become appropriate to permit the reasonable development of vacant tracts or gradual transition from other districts.
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
Jun 9, 2026 • Final
Residential accessory structure
Install fencing around an empty lot according to the provided plan.
ADU
Mar 13, 2026 • Active
Water and wastewater installation
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
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