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    5307 S Lancaster Rd Dallas, TX 75241

    Sponsored
    For Sale
    $800,000

    Unimproved Land - Dallas, TX

    Type:Unimproved Land
    Lot size:
    4.55 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 5307 S Lancaster Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    00000320056000000
    Lot size
    4.55 Acres

    Building Details

    Architectural style
    Other

    Rush Homes, LLC. (469) 385-7796

    Listing agent Blayne Rush (469) 385-7796 License #0491521

    Listing date Dec 22, 2025

    MLS# 20827267 Listing URL

    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.

    Overview

    Dallas Land Near DART Station

    This property features three parcels zoned MF 3A, totaling approximately 4.5 acres. It fronts S Lancaster Road, adjacent to the DART Ledbetter Station. A concrete-lined drainage gully is situated on the west side of the 2.066-acre parcel, crossing one of the parcels. The Dart Rail splits the back parcel from the middle parcel. The parcel on Ledbetter is separated from the middle parcel by a platted road that cannot be built. The zoning allows for single-family homes, row houses, and duplexes, with a density of 12 units per acre. The minimum lot area is 2,000 square feet for single-family structures and 6,000 square feet for duplexes. Maximum lot coverage is 60% for residential structures and 25% for nonresidential structures. The property abuts the south boundary of the DART Ledbetter Station, between the Ledbetter Station and the Five Mile Creek Trail. The parcels include: 0.9149 acres at 5307 S Lancaster Rd, 1.568 acres at 2031 Hampshire Rd, and 2.066 acres at 2031 Hampshire Rd. A portion of the property is in a flood zone. The property is located in GLENDALE ACRES, part of Lot 1, Block Z 4377, and part of Lot 1, Block W 4374.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.787946
    Latitude
    32.681255

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    FAQs

    What type of property is this?
    Land - 4.5 acre land parcel near DART Ledbetter Station.
    Where is this land located?
    The property is located at 5307 S Lancaster Rd Dallas, TX.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Zoned MF 3A, ideal for multi-family development up to 12 units per acre, also suitable for single-family, row houses, and duplexes.; - Approximately 4.5 acres across three parcels.; - Fronts S Lancaster Rd, conveniently located next to DART Ledbetter Station.
    (469) 385-7796
    Request Owner's contact information
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    Dallas, TX 75241
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5307 S Lancaster Rd Dallas, TX 75241
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