For sale

$1,500,000

Est. $10,222/mo —

Land

•

1.50

acres (lot)

7121 Spring Valley Rd, Dallas, TX 75254

About this home

Bring all offers! Rare 1.5 acres minutes from the newly proposed Mavericks arena. Come build your dream estate home on 1.5 acres in Dallas, situated in one of the most coveted locations within RISD. The lot is only minutes to 75, Dallas North Toll Road, and 635. There is a beautiful creek running on the east and southeast side of the property providing privacy and tranquility. The owner is a custom home builder and would be willing to build a custom home for the buyer if desired.

Vacant landProperty Type

1.5 acresLot Size

$1,000,000Price/Acres

Listed by Grant Jennings • Faithful Homes Realty LLC

Listing updated: Aug 20, 2026 at 02:30pm

Redfin checked: 2 minutes ago

•Source:NTREIS #21358603

Payment calculator

$10,222 per month

Principal and interest$7,486

Property taxes

$1,948

HOA dues

Home insurance

$788

Utilities

Add

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See this home in person

Open houses

No upcoming open houses.

Nearby open houses (10)

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Around this home

Schools

K - 12
Preschool & daycare

Northwood Hills Elementary School

Public K-6 • Assigned • 0.4mi

3/10

Westwood Junior High: the Math, Science, Leadership Magnet

Public 7-8 • Assigned • 1.4mi

7/10

Richardson High School

Public 9-12 • Assigned • 1.3mi

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 interior structures listed)
Currently zoned for single-family use
City limits location

Sale and tax history for 7121 Spring Valley Rd

Sale History
Tax History

Date

Event

Price

NTREIS #21358603

Aug 13, 2026

Listed

$1,500,000

NTREIS #21026262

Jul 11, 2026

Listing Removed

—

Jun 7, 2026

Price Changed

$1,600,000

Apr 17, 2026

Price Changed

$1,650,000

Feb 27, 2026

Price Changed

$1,750,000

Oct 27, 2025

Price Changed

$1,900,000

Aug 8, 2025

Listed

$2,000,000

Public Records

May 10, 2022

Sold

NTREIS #14747698

Apr 29, 2022

Sold

Apr 5, 2022

Pending

—

Feb 15, 2022

Listed

$925,000

Wonderful building opportunity, 1.5 acre lot in Northwood Hills. Creek lot, Beautiful heavily wooded lot to build your dream home. Elevation studies & soil test have been completed Soil report, done October 2021 by GeoScience Engineers, LLC. Survey is available in TransactionDesk. New shrubs-trees along the meshed fence facing Spring Valley to increase privacy and absorb sound. The lot is not in flood zone. seller is considering seller financing on a case-by-case basis

NTREIS #14227070

Mar 27, 2020

Sold

Mar 18, 2020

Pending

—

Feb 15, 2020

Contingent

—

Jan 24, 2020

Price Changed

$649,900

Nov 17, 2019

Listed

$695,000

NTREIS #14226992

Feb 12, 2020

Contingent

—

Feb 12, 2020

Listing Removed

—

Jan 24, 2020

Price Changed

$649,900

Dec 18, 2019

Listed

$695,000

Public Records

Sep 4, 1987

Sold

Year

Property tax

Land + Additions

Assessment*

2025

$23,381 (+24.7%)

$1,000,000

2024

$18,744 (+10.5%)

$800,000

2023

$16,968 (−15.6%)

$700,000

2022

$20,099 (+18.6%)

$700,000 + $64,200

$764,200

2021

$16,943 (−24.4%)

$551,250 + $58,070

$609,320

2020

$22,412 (+10.9%)

$551,250 + $243,260

$794,510

2019

$20,209 (−3.8%)

$481,250 + $229,940

$711,190

2018

$21,003 (+15.2%)

$481,250 + $229,940

$711,190

2017

$18,229 (+8.0%)

$437,500 + $207,280

$644,780

2016

$16,873 (+29.3%)

$437,500 + $207,280

$644,780

2015

$13,052 (+0.3%)

$437,500 + $159,320

$596,820

2014

$13,011 (+7.6%)

$332,500 + $133,690

$466,190

2013

$12,090 (+0.4%)

$332,500 + $133,690

$466,190

2012

$12,045 (+0.5%)

$262,500 + $172,270

$434,770

2011

$11,991 (+2.3%)

2010

$11,727

2009

$11,727

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.5 Acres

Year renovated

1963

Finished Sq. Ft.

2,500

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,500

Year built

1963

Style

Single Family Residential

County

Dallas County

APN

00000732127000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 18, 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

Local insights from Redfin agents

Absolutely love Dallas! It's known for its incredible Award-winning restaurants, and vibrant entertainment districts like Deep Ellum and Uptown. Home to the largest urban arts district in the country, world-class museums, and the iconic State Fair...
2 months ago • Dallas
Cristina Rosenthal
Redfin Premier agent
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Climate risks

8/10 Flood Factor

Estimated 74-82% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 109° expected this year, 21 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Dallas, TX • 75254

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.1 hrs

7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 7121 Spring Valley Rd

$1,485,101

$15K under list price of $1.50M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $535K to $1.7M.

SOLD JUL 15, 2026
$1,699,000 Last sold price
5 beds4 baths3,628 sq ft
13220 Wittmore Cir, Dallas, TX 75240
smaller lot
SOLD JUN 11, 2026
$1,595,000 Last sold price
5 beds4.5 baths4,698 sq ft
6828 Meadowcreek Dr, Dallas, TX 75254
smaller lot
SOLD JUN 18, 2026
$1,400,000 Last sold price
5 beds5 baths3,768 sq ft
7424 Stonecrest Dr, Dallas, TX 75254
smaller lot
SOLD JUN 17, 2026
$535,000 Last sold price
4 beds3.5 baths2,637 sq ft
13524 Far Hills Ln, Dallas, TX 75240
smaller lot
SOLD APR 27, 2026
$995,000 Last sold price
4 beds3 baths3,266 sq ft
6720 Regalbluff Dr, Dallas, TX 75248
smaller lot
SOLD MAR 23, 2026
$1,495,000 Last sold price
4 beds3.5 baths3,801 sq ft
6526 Meadowcreek Dr, Dallas, TX 75254
smaller lot

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