About 8787 Park Lane
Dallas Equestrian Center (DEC) A unique and profitable opportunity awaits with the sale of the Dallas Equestrian Center (DEC), the largest and most prestigious equestrian facility in North Texas. Located in the heart of North Dallas near Southern Methodist University (SMU) and NorthPark Center, this prime location offers unparalleled access to some of the city's most affluent neighborhoods! The facility is also home to the nationally recognized SMU Equestrian Team, NEIA National Champions in 2022 and 2023, further elevating its reputation. DEC features: • 100+ horse stalls • Three covered arenas • An extra-large outdoor competition arena • Two outdoor jumping and riding fields Business Opportunity: This profitable equestrian facility operates under a 26-year long-term ground lease with multiple revenue streams: • Boarding and stall leasing (including a long-term lease with SMU). • A highly successful lessons program with loyal clientele. • Opportunities for expansion or diversification, such as adding event spaces or complementary businesses. Sale Includes: • Structures, footing, equipment, and assets, including lesson horses. • Current owner invested over $2 million in improvements to facilities, footing, equipment and lesson horses. • Significant tax benefits, including depreciation The flexibility of this facility allows buyers to maintain and grow the current programs or reimagine the space entirely. Modifications such as converting arenas into a wedding venue or adding other business elements are all possible. Why DEC? DEC offers the amenities of a large-scale, full-service equestrian center while retaining the personal touch of in-house trainers and individualized boarding programs. Conveniently located just minutes from downtown Dallas, this is unparalleled opportunity for equestrian enthusiasts, investors, or entrepreneurs to make their mark in the heart of North Texas Serious inquiries only.
Status Change History
| Date | Details | Status |
|---|---|---|
| Apr 8, 2026 | Status Changed from Pending to Closed | Closed |
Features of 8787 Park Lane
| MLS® # | 20795505 |
|---|---|
| Price | $2,500,000 |
| Acres | 8.53 |
| Year Built | 2000 |
| Type | Commercial Lease |
| Sub-Type | Business |
| Status | Closed |
Community Information
| Address | 8787 Park Lane |
|---|---|
| Subdivision | SCOTTY'S GOLF PAR |
| City | Dallas |
| County | Dallas |
| State | Texas |
| Zip Code | 75231-5501 |
Amenities
| Utilities | Asphalt, Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter |
|---|---|
| Garages | Additional Parking, Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Lot Description | Acreage |
|---|---|
| Roof | Metal |
| Construction | Metal Siding |
| Foundation | Slab |
Additional Information
| Date Listed | December 11th, 2024 |
|---|---|
| Date Sold | April 2nd, 2026 |
| Days on Market | 643 |
| Zoning | Zoned for horses and horseback riding facility. |
Listing Details
| Agent | Melissa Oates |
|---|---|
| Office | Allie Beth Allman & Assoc. |
| Contact Info | 214-437-9207 |
