Permit-Ready Townhome Development
For Sale
$1,920,000
316 N Lancaster Avenue, Dallas, TX 75203
LAND - Dallas, TX
Property SizeContact for details
Lot Size0.42 Acres
Days on Market43
Property Features for 316 N Lancaster Avenue
General Information
Property type
Land
Property subtype
Other
Zoning description
PD Zoning
Subdivision
OAK CLIFF ORIGINAL
Lot features
City Lot
Elementary school
Marsalis
Middle school
Benjamin Franklin
High school
Jefferson
Elementary school district
Dallas ISD
Middle school district
Dallas ISD
High school district
Dallas ISD
Directions
See GPS
Standard status
Active
APN
XXXX
Lot size
0.42 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Compass RE Texas, LLC
(214) 814-8100
Listed By:
Fahri Olgundeney · License #0687864
(214) 814-8100
Added: Jul 12
Changed: Jul 31
Last Checked: Aug 23 at 5:06PM
MLS# 21328865
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is for land with an approved, permit-ready 16-townhome project. The plan calls for townhomes ranging from 1,912 to 1,949 square feet, each designed with 3 bedrooms, 3.5 bathrooms, and a dedicated study or office space on the first floor, along with oversized rooftop decks.
The site is positioned in Dallas’s Bishop Arts area, near Southern Gateway Park, the Bishop Arts District, the Dallas Zoo, and the Trinity River Project, providing access to nearby cultural, recreational, and dining destinations.
The parcel size is approximately 0.42 acres and is presented as a development-ready opportunity supported by existing permitting for the 16-unit plan.
The site is positioned in Dallas’s Bishop Arts area, near Southern Gateway Park, the Bishop Arts District, the Dallas Zoo, and the Trinity River Project, providing access to nearby cultural, recreational, and dining destinations.
The parcel size is approximately 0.42 acres and is presented as a development-ready opportunity supported by existing permitting for the 16-unit plan.
Key Highlights
- Shovel‑ready 16‑townhome project with an approved permit
- Each townhome plan is 1,912 to 1,949 sq. ft. with 3 bedrooms and 3.5 bathrooms
- Plans include a dedicated study/office on the first floor for each unit
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
1,507
Businesses Nearby
Explore this area
Business Placement
Demographics for 75203, TX
14,710
Population
6,862
Households
2.1
Avg Household Size
33
Median Age
17%
College-Educated
65%
High-School Grad
4.8 sq mi
ZIP Area
3,065
Density / Sq Mi
$46,358
Median Household Income
$32,690
Median Earnings
$1,110
Median Rent
$125,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land parcel with an approved permit for a shovel-ready 16-townhome project and planned rooftop deck features.
Where is this residential land & home lot located?
The property is located at 316 N Lancaster Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $1,920,000.
What are key features of this property?
This property features: Shovel‑ready 16‑townhome project with an approved permit; Each townhome plan is 1,912 to 1,949 sq. ft. with 3 bedrooms and 3.5 bathrooms; Plans include a dedicated study/office on the first floor for each unit
