7303 Lakewood Boulevard Open House

Dallas,TX 75214

$ 1600000

7 Beds

6 Baths

- SqFt


OPEN HOUSE

Sun Apr 27, 3:00pm - 5:00pm 

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Lakewood Blvd Add

MLS Listing ID 20915820

Bedrooms 7

Full Baths 5

Half Baths 1

HOA Y/N None

Total Fin. Sqft 2518

Year Built 1937

Annual Tax Amount $24,578

Lot Size 9,016 Sqft

Acres 0.207

Property Sub-Type Triplex

Property Description

Discover a RARE OPPORTUNITY in the heart of Lakewood—a historic, C.D. Hutsell-designed 1937 gem known as “El Rancheria,” thoughtfully updated while preserving its timeless character. This versatile property is currently configured as a 3-unit residence with 7 bedrooms, 5 bathrooms, and 3 full kitchens, along with 2 formal living rooms and 2 dining rooms. From a cozy 2 bedroom, with Murphy bed, to spacious 2- and 3-bedroom layouts, each unit offers unique charm, featuring original hardwood floors, cast stone fireplace mantels, elegant cabinetry, vaulted or cove ceilings, and expansive windows that fill the home with natural light.

The second-floor unit includes a charming balcony with peek-a-boo views of White Rock Lake—perfect as a dining or morning coffee space. A separate, approx. +1,600 sq ft (per owner) two-story guest quarters adds flexibility with a modern kitchen, open-concept living room, built-in office, and 2 car garage.

Outside, you'll find new privacy fencing, and lush landscaping—all contributing to incredible curb appeal. Located just one block west of White Rock Lake, this property sits on a prime corner lot at Delrose & Lakewood.
With Neighborhood Services zoning, the possibilities are endless: convert to a single-family estate or continue as a charming rental investment. This historic Lakewood treasure is a one-of-a-kind opportunity to own a piece of East Dallas history.

All three units are currently leased at 7303- Upper Unit $2,650, 7301- Lower Unit $2,850, and 7301- Back House $2,850 per month. The lower unit is leased through Fall 2025, while the upper and back units are leased through March and April 2025, respectively.

Location

State TX

County Dallas

Direction Corner of Lakewood & Delrose.

Interior

Interior Features Cathedral Ceiling(s),Cedar Closet(s),Granite Counters,High Speed Internet Available,Natural Woodwork

Heating Central,Natural Gas

Cooling Ceiling Fan(s),Central Air

Flooring Ceramic Tile,Concrete,Hardwood

Appliance Dishwasher,Disposal

Heat Source Central,Natural Gas

Exterior

Utilities Available Alley,City Sewer,City Water,Electricity Connected,Individual Gas Meter

Roof Type Spanish Tile

Garage No

Building

Story Two

Foundation Pillar/Post/Pier,Slab

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Lakewood

Middle Schools Long

High Schools Woodrow Wilson

School District Dallas Isd

Others

Ownership See Agent

Acceptable Financing Contact Agent

Listing Terms Contact Agent

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20915820

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