Prime Vacant Lot in the Heart of Dallas – Near SMU, White Rock Lake, The Dallas Arboretum & Downtown!
Discover an exceptional opportunity to own a vacant lot in the vibrant heart of Dallas, Texas. Perfectly positioned near Southern Methodist University (SMU), the Dallas Arboretum and Botanical Garden, NorthPark, and just minutes from the excitement of Downtown Dallas, this property offers unmatched access to shopping, dining, entertainment, and major highways.
Whether you’re dreaming of building your custom home, a stylish investment property, or a unique urban retreat, this lot’s central location makes it ideal. Enjoy quick connections to all parts of the city, from Uptown and Deep Ellum to White Rock Lake and beyond.
Features & Highlights:
Prime central Dallas location
Close to SMU, Northpark, Dallas Arboretum, and Downtown!
Easy access to major highways for seamless commuting!
Surrounded by top-rated dining, shopping, and entertainment!
Endless potential for custom building or investment!
This is your chance to secure a piece of Dallas real estate in a location where convenience meets lifestyle.
Don’t miss out—opportunities like this in the center of the city are rare!
Lot/land
Price cut: $5K (6/24)
$550,000
7231 Syracuse Dr, Dallas, TX 75214
--beds
--baths
8,232Square Feet
Unimproved Land
Built in 1958
8,232 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Prime central dallas location
- 331 days |
- 159 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Suzanne Athey 0387765 469-916-1222,
RE/MAX Dallas Suburbs PM 469-916-1222
Source: NTREIS,MLS#: 21032571
Facts & features
Interior
Property
Lot
- Size: 8,232 Square Feet
- Features: Cleared, Interior Lot, Subdivision, City Lot
Details
- Parcel number: 00000396991000000
- Zoning description: Residential
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: University Terrace Rev
HOA
- Has HOA: No
Location
- Region: Dallas
Financial & listing details
- Tax assessed value: $515,420
- Annual tax amount: $9,101
- Date on market: 8/14/2025
- Cumulative days on market: 332 days
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $550,000-0.9% |
Source: NTREIS #21032571 Report a problem | ||
| 3/6/2026 | Price change | $555,000-3.5% |
Source: NTREIS #21032571 Report a problem | ||
| 8/14/2025 | Listed for sale | $575,000 |
Source: NTREIS #21032571 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,881 +19.6% | $515,420 +26.6% |
| 2024 | $9,101 +0.2% | $407,200 +2.8% |
| 2023 | $9,087 -0.9% | $395,970 +8.5% |
| 2022 | $9,165 +15.1% | $365,100 +20.9% |
| 2021 | $7,966 +10.5% | $301,980 +13.6% |
| 2020 | $7,212 -9.7% | $265,860 -9% |
| 2019 | $7,988 +8.2% | $292,220 +12.7% |
| 2018 | $7,380 +12.5% | $259,390 +7.5% |
| 2017 | $6,559 0% | $241,200 |
| 2016 | $6,559 +14.4% | $241,200 +4.4% |
| 2015 | $5,733 | $231,120 +10.6% |
| 2014 | $5,733 | $209,000 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: University Terrace
Nearby schools
GreatSchools rating
- 10/10Lakewood Elementary SchoolGrades: K-5Distance: 2 mi
- 6/10J L Long Middle SchoolGrades: 6-8Distance: 3.3 mi
- 5/10Woodrow Wilson High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Lakewood
- Middle: Long
- High: Woodrow Wilson
- District: Dallas ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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Contact agent
- Texas
- Dallas County
- Dallas
- 75214
- University Terrace
- 7231 Syracuse Dr