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Dallas Land Near DART Station
For Sale
$799,000

5307 S Lancaster Road, Dallas, TX 75241

Land, Dallas, TX

Property SizeContact for details
Lot Size4.55 Acres
Days on Market109

Property Features for 5307 S Lancaster Road

General Information

Property type Land
Property subtype Other
Zoning description Multifamily The land is currently zone for MF 3 which allows 12 units per ac
Subdivision Glendale Acres
Lot features Acreage, City Lot
Elementary school Marsalis
Middle school Hulcy Steam
High school Southoakcl
Elementary school district Dallas ISD
Middle school district Dallas ISD
High school district Dallas ISD
Directions On South Lancaster south of loop 12 next to Ledbetter Station
Standard status Active
APN 00000320056000000
Lot size 4.55 Acres

Taxes and HOA fees

Tax Description GLENDALE ACRES BLK Z/4377 PT LT 1 ACS 0.9149
Legal Description GLENDALE ACRES BLK Z/4377 PT LT 1 ACS 0.9149

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Rush Homes, LLC.
Listed By: Raymond Rush · License #0491521
Added: Jun 2 Changed: Sep 7 Last Checked: Sep 18 at 8:06AM
MLS# 20827267

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 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.

Key Highlights

  • 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.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Auto Repair Shop Big Box & Wholesale Store

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

235
Businesses Nearby

Demographics for 75241, TX

32,944
Population
11,151
Households
3
Avg Household Size
35
Median Age
11%
College-Educated
81%
High-School Grad
25.3 sq mi
ZIP Area
1,302
Density / Sq Mi
$51,171
Median Household Income
$31,426
Median Earnings
$1,208
Median Rent
$162,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

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 Road Dallas, TX.
What is the asking price?
The asking price for this property is $799,000.
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.
More about this property
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