• Office Phone - 214.572.1400
  • Primary - 214.801.4417

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Listing provided courtesy of Compass RE Texas, LLC- MLS# 21112322MLS ProviderContact Information: Fahri Olgundeney - 469-805-7067

316 N LancasterDallas, TX 75203

Vacant Land · 0.42 Acres
$1,920,000 Active

316 N Lancaster Overview

Visits:
6

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.

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316 N Lancaster Facts & Features

  • Type Vacant Land
  • Lot 0.42 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Dallas ISD
  • Elementary School: Marsalis
  • Middle Or Junior School: Benjamin Franklin
  • High School: Jefferson

Location/Region

  • Country: US
  • County Or Parish: Dallas
  • Postal City: DALLAS
  • Subdivision Name: OAK CLIFF ORIGINAL

Community/Development

  • Development Status: Zoned

General Information

  • Parcel Number: XXXX
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Other,City Lot
  • Lot Size Acres: 0.42
  • Lot Size Area: 0.42
  • Lot Size Square Feet: 18295.2
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available,Sewer Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

316 N Lancaster Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

316 N Lancaster Market Data

Based on the last 30 days in this zip code

$582,844
Average List Price
$228
Average Price per Square Foot
6
Properties Sold
99
Average Days on Market
73
Properties for Sale
Calculations provided by Reliance Network


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