5940 Margewood Drive
Dallas, TX 75267
Map
- – beds
- – baths
- – sqft
- ~1 acre lot
- – on site
Prime Acre Lot Near Downtown Dallas – Build Your Dream Home! Seize the rare opportunity to own an expansive 1.21 ACRE LOT just minutes from the heart of Downtown Dallas. Nestled in a sought-after, rapidly developing area, this blank canvas offers endless possibilities for creating your custom dream home, luxury estate, or investment property. This spacious lot features level terrain, mature trees, and easy utility access, providing the perfect foundation for new construction. With convenient access to major highways, top-rated schools, vibrant shopping, dining, and entertainment, this location delivers both tranquility and urban convenience. Whether you're a developer, investor, or future homeowner, this exceptional parcel combines location, size, and potential—making it a standout opportunity in one of Dallas’s most desirable neighborhoods. Bring your architect and builder—this is where your vision begins.
Last checked:
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Last updated Jun 17, 2025
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MLS# 20969637 —
Location
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Directions:From Dallas, Take I-30 W, Exit 38, TX-12 Loop S and TX-408 Spur S to TX-303 Spur EW Kiest Blvd. Take the TX-303 Spur Kiest Blvd exit from TX-408 Spur S. Follow TX-303 Spur EW Kiest Blvd and S Ledbetter Dr to Margewood Drive.
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Latitude:32.70099928
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Longitude:-96.92427868
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:00000785369120000
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# of Lots:1
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Lot Features:Acreage, Irregular Lot, Many Trees
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Lot Size:1 to < 3 Acres
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Lot Size SqFt:52707.6000
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Lot Size Acres:1.2100
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Lot Size Area:1.2100
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Subdivided:No
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Easements:None
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Restrictions:No Known Restriction(s)
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Current Use:Residential
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Zoning Description:Residential
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Frontage Feet:230
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Road Assessment:Yes
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:7
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Tax Block:2/8028
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Tax Legal Description:Lot 7, Block 2/8028, Mountain Lake Heights Additio
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20969637
Utilities
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Utilities:Electricity Available
Schools
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School District:Duncanville ISD
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Elementary School:Bilhartz
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Elementary School Name:Bilhartz
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Middle School Name:Kennemer
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High School Name:Duncanville
The Community
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Subdivision Name:Mountain Lake Heights Addition
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Senior Community:No
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Association Type:None
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Development Status:City Limits, Streets Installed, Utilities Installed, Zoned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
