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$695,000
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Property Description
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.
Full Property Details
Full Property Details for 7058 Spring Valley Rd
General
- Price: $695,000
- Taxes: $7,599
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21314693
- Updated: 7/28/2026
- Added to Site: 64 day(s) ago
Location
- County: Dallas
- Subdivision: Northwood Hills 01
- Driving Directions: Please use GPS coordinates for navigation: 32.9407, -96.7824 At the corner of Spring Valley Rd and Brookcrest Dr.
School Information
- Elem School District: Richardson ISD
- Midd School District: Richardson ISD
- High School District: Richardson ISD
- Elementary School: Northwood
- Middle School: Westwood
- High School: Richardson
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Vacant
- Year Built: 1963
Lot Features
- Lot Size (Acres): 0.538
- Lot Size (Sq. Ft.): 23,435.28
- Lot Size Source: Assessor
- Frontage: City Street, Concrete
- Lot Features: Cleared, Corner Lot, Hardwood Trees, Level, Few Trees, City Lot
- Development Status: Streets Installed
- Trees/Vegetation: Pine
- Zoning: Residential
Financial Considerations
- Tax Amount: $7,599
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: NORTHWOOD HILLS NO 1 BLK J/7424 LT 6 SPRING V
- Property ID: 732055000000
- Block: J7424
- Lot Number: 6
Listed by Scout RE Texas, Matthew Wood
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Schools
Schools serving 7058 Spring Valley Rd
School District:Richardson Independent School District
| Name | Grades | Distance |
|---|---|---|
Northwood Hills Elementary School 14532 Meandering Way, Dallas, TX 75240 | K-6 | 0.5 mi |
Westwood Math Science Leadership M 7630 Arapaho Road, Dallas, TX 75248 | 7-8 | 1.4 mi |
Richardson High School 1250 West Belt Line Road, Richardson, TX 75080 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7058 Spring Valley Rd
Date
Details
Price
Change
Source
7/28/2026
Price Reduced
$695,000
-12.58%
MLS
7/09/2026
Price Reduced
$795,000
-11.62%
MLS
6/30/2026
Listed
$899,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7058 Spring Valley Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,839
16%
$325,000
33%
2024
$5,909
15%
$243,750
15%
2023
$5,121
-30%
$211,250
-24%
2022
$7,293
-50%
$276,250
-48%
2021
$14,673
-1%
$527,690
1%
2020
$14,807
12%
$524,900
13%
2019
$13,213
1%
$465,000
5%
2018
$13,105
4%
$443,750
—
2017
$12,546
—
$443,750
—
2016
$12,546
12%
$443,750
11%
2015
$11,226
—
$400,950
—
2014
$11,190
—
$400,950
—
2013
$11,150
—
$400,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7058 Spring Valley Rd
7058 Spring Valley Road, Dallas, TX 75254 (MLS# 21314693) is a Lots/Land property with a lot size of 0.538 acres. 7058 Spring Valley Road is currently listed for $695,000 and was received on June 30, 2026. Want to learn more about 7058 Spring Valley Road? Do you have questions about finding other Lots/Land real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

