About 316 N Lancaster Avenue
JUST DROPPED THE PRICE!A SHOVEL READY 16 TOWNHOMES PROJECT APPROVED PERMIT IN PRIME LOCATION! 2 LOTS TOGETHER AS 316 AND 324 N LANCASTER!This exceptional permit-ready 16-townhome project is located in the highly desirable Bishop Arts area, one of Dallas’s most sought-after neighborhoods. Each townhome ranges from 1,912 sq. ft. to 1,949 sq. ft. and is thoughtfully designed with 3 bedrooms, 3.5 bathrooms, and a dedicated study or office space on the first floor. Additionally, the townhomes feature oversized rooftop decks, perfect for entertaining or relaxing while enjoying the vibrant surroundings. The project is situated in a prime location near the transformational Southern Gateway Park, the charming Bishop Arts District, the popular Dallas Zoo, and the exciting new Trinity River Project. This ideal location offers residents unparalleled convenience and access to cultural, recreational, and dining attractions. For investors, this project presents a unique opportunity in a rapidly appreciating area with a high potential for strong returns. The Bishop Arts neighborhood is known for its growth and vibrancy, making it an excellent choice for those seeking a high cap rate and long-term value.
Features of 316 N Lancaster Avenue
| MLS® # | 21328865 |
|---|---|
| Price | $1,920,000 |
| Acres | 0.42 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 316 N Lancaster Avenue |
|---|---|
| Subdivision | OAK CLIFF ORIGINAL |
| City | Dallas |
| County | Dallas |
| State | Texas |
| Zip Code | 75203 |
Amenities
| Utilities | City Sewer, City Water, Electricity Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Other |
|---|
School Information
| District | Dallas ISD |
|---|---|
| Elementary | Marsalis |
| Middle | Benjamin Franklin |
| High | Jefferson |
Financial Information
| HOA | None |
|---|
Additional Information
| Zoning | PD Zoning |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Fahri Olgundeney |
|---|---|
| Office | Compass RE Texas, LLC |
| Contact Info | 469-805-7067 |