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Developing Area Land For Sale
For Sale
$1,100,000

4000 Altoona Drive, Dallas, TX 75233

LAND - Dallas, TX

Property SizeContact for details
Lot Size3.07 Acres
Days on Market173

Property Features for 4000 Altoona Drive

General Information

Property type Land
Property subtype Other
Zoning description Multi-Family
Subdivision Kimball Estates
Lot features Acreage
Elementary school Tolbert
Middle school Brown
High school Kimball
Elementary school district Dallas ISD
Middle school district Dallas ISD
High school district Dallas ISD
Directions 4000 Altoona
Standard status Active
APN 00000656646930000
Lot size 3.07 Acres

Taxes and HOA fees

Tax Description KIMBALL ESTATES BLK 19/6959 LT 4 INT201100309
Tax Annual Amount 3651
Legal Description KIMBALL ESTATES BLK 19/6959 LT 4 INT201100309

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: GSI Investments, LLC
Listed By: Yehuda Goldman · License #0600462
Added: Mar 4 Changed: Aug 2 Last Checked: Aug 24 at 12:06PM
MLS# 20868803

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.

Located in a developing area, two properties are available for sale. The properties, located at 4000 and 4048 Altoona, each consist of approximately 3 acres, totaling 6 acres. Zoned for multi-family use, new legislation (HB-840) allows for increased density. Initial concept plans indicate the potential for approximately 125 to 175 units per property, depending on parking considerations. The property at 4048 Altoona backs up to a city park.

Key Highlights

  • Zoned multi‑family with potential for increased density due to HB‑840 legislation.
  • Total of 6 acres across two properties.
  • Concept plans suggest potential for 125‑175 units per property.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Kitchen & Bath Showroom Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby

Demographics for 75233, TX

15,104
Population
4,970
Households
3
Avg Household Size
33
Median Age
20%
College-Educated
71%
High-School Grad
3.6 sq mi
ZIP Area
4,196
Density / Sq Mi
$54,635
Median Household Income
$34,816
Median Earnings
$1,292
Median Rent
$249,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Two multi-family zoned properties in a developing Dallas area.
Where is this land located?
The property is located at 4000 Altoona Drive Dallas, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Zoned multi‑family with potential for increased density due to HB‑840 legislation.; Total of 6 acres across two properties.; Concept plans suggest potential for **125‑175 units per property**.
More about this property
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