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Market Report - Royalwood Estates - Preston Hollow

By
Real Estate Agent with United Real Estate Dallas TREC# 0544069

Market Report - Royalwood Estates - August 18, 2013

Royalwood EstatesRoyalwood Estates is located between Epping Lane and Strait Lane, and from Walnut Hill Lane to Royal Lane. Houses on the east side of the neighborhood sit on multi-acre parcels of land. As you move further west, lots vary in size from .5 acre to 2.0 acres.  The neighborhood is characterized by beautiful mature trees and well maintained custom homes that range in size from approximately 3,000 square feet to 10,000 plus square feet.

Active Listings

There are 11 active listings in Royalwood Estates, ranging in price from $1,125,000 to $11,750,000. The homes range in size from 4,837 square feet to 11,750 square feet.  Lot sizes range from .63 acre to 4.69 acre. 

Sold Properties April 28, 2013 to August 9, 2013

6 homes sold in Royalwood Estates over the last 4 months. Sold prices ranged from $1,035,000 to $3,095,000. Lot sizes ranged from .50 acre to 1.17 acre. The average sales price over the last four months was $1,788,667.

Major roads close to Royalwood Estates include LBJ Freeway, I35, the Dallas North Tollway, Inwood Road, and Preston Road.

Private schools are an easy drive.  The Episcopal School of Dallas, Ursuline Academy, St. Marks, Hockaday, Jesuit, Good Shepard, Lamplighter, Parish Episcopal and more, are nearby.Marks, Hockaday, Jesuit, Good Shepard, Lamplighter, Parish Episcopal and more, are nearby.

Shopping is convenient to Royalwood Estates.  The popular shopping corners of Preston/Royal, Preston/Northwest Highway, and Preston/Forest are within 2 miles! The neighborhood is positioned equal distant to North Park Center and the Galleria! Whole Foods, Sprouts, Natural Grocer, Tom Thumb and Albertson's are also within 2 miles! Central Market will open a store at Preston/Royal in late 2011.

Royalwood Estates is a wonderful neighborhood to call home!

Posted by

 Sharon Parisi,  Realtor®

Helping Dallas area buyers and sellers meet their real estate needs

214-450-3742

Sharon@sharonparisi.com

United Real Estate

Comments (1)

Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Sharon - a good introduction to the Royalwood Estates community -- obviously this high end neighborhood offers estate-like homes on large lots.   Very impressive. 

Aug 18, 2013 01:12 AM