Residential Land with Home for Sale in Dallas, Texas
5214 Royal Ln, Dallas, TX 75229
A truly rare offering in prestigious Preston Hollow, this grand estate blends classic Italian inspiration with modern livability on an extraordinary lot surrounded by mature trees and curated landscaping. Beyond its striking architecture and sweeping circular drive lies a property that combines unmatched privacy, scale, and value - made even more appealing by a unique Seller Financing Option: a $5M note at just 3% interest until 2030, with interest-only payments of $12,500 per month. A remarkable opportunity to secure one of Dallas's most distinguished addresses with incredible terms.
Inside, the home's sophisticated craftsmanship and architectural integrity unfold through expansive, light-filled living spaces, high ceilings, and exquisite detailing. Designed by renowned architect Lloyd Lumpkins and built by Sharif-Munir, every element reflects the highest level of artistry and intention. The layout offers seamless flow between formal and casual living areas, ideal for both intimate gatherings and grand entertaining, enhanced by walls of glass that invite natural light and open to the resort-style outdoors.
The estate offers three bedrooms in the main residence, complemented by two private guest houses - perfect for multi-generational living, long-term guests, or staff quarters. Additional highlights include a four-car garage, four fireplaces, a multi-tiered theater room, 1,000-bottle wine cellar, two full bars, game room, gym, and flex spaces tailored for any lifestyle.
Outdoors, the property transforms into a private retreat with a sparkling pool and spa, cabana, and multiple terraces ideal for entertaining or quiet reflection. Fully gated and meticulously maintained, the grounds benefit from a private well, Geothermal System, Control4 Automation, and whole-home Generac Generator - ensuring comfort, efficiency, and peace of mind.
Location
- Street address
- 5214 Royal Ln
- County
- Dallas County
- Community
- Lobello Estates
- Elevation
- 561 feet
Property details
- Acreage
- 1.785 acres
- MLS #
- NTREIS 21057011
- Posted
Parcels
- 00000415708000000
Legal description
LOBELLO ESTATES BLK A/5518 W 1/2 LOT 3
Resources
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- View
- Lake, Water
- Waterfront
- Creek
Exterior
- Parking
- Carport, Driveway, Garage
- Fencing
- Fenced
- Outdoor Spaces
- Patio, Porch
- Features
- Built-In Barbecue, Covered Courtyard, Covered Patio/Porch, Fence, Fire Pit, Gas Grill, Lighting, Outdoor Grill, Outdoor Living Center, Private Entrance, Private Yard, Rain Gutters
Structure
- Style
- Contemporary
- Stories
- 2
- Heating
- Fireplace(s), Geothermal
- Roof
- Slate
Interior
- Rooms
- Bathroom x 5, Bedroom x 5
- Flooring
- Carpet, Marble, Wood
- Appliances
- Built-In Refrigerator, Dishwasher, Garbage Disposer, Gas Range, Ice Maker, Microwave, Range, Refrigerator, Washer
- Features
- Cable TV Available, Chandelier, Decorative Lighting, Kitchen Island, Multiple Staircases, Pantry, Second Primary Bedroom, Sound System Wiring, Walk-In Closet(s)
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Pershing | Elementary | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 1, 2025 | Relisted | $11,495,000 | — | NTREIS |
| Oct 31, 2025 | Listing removed | $11,495,000 | — | Listing agent |
| Oct 28, 2025 | Price drop | $11,495,000 | $500,000 -4.2% | NTREIS |
| Sept 12, 2025 | New listing | $11,995,000 | — | NTREIS |