Permit-Ready Townhome Development
For Sale
$1,920,000
316 N Lancaster Avenue, Dallas, TX 75203
Shovel-ready land package for an approved 16-townhome project with planned layouts and rooftop decks.
Property SizeContact for details
Days on Market20
Property Features for 316 N Lancaster Avenue
General Information
Standard status
Active
Property subtype
Unimproved Land
Additional Details
Multifamily Units
16
Amenities
oversized rooftop decks
Listing Agency:
Compass RE Texas, LLC
(214) 814-8100
Listed By:
Yusuf Aydin · License #0687864
(469) 354-3340
Source:
Lonestarluxuryrealty
Added: Jul 24
Changed: Aug 8
Last Checked: Jul 24 at 8:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass RE Texas, LLC
Investment Insights
Based on property information with market context.
This permit-ready land offering is shovel-ready for a 16-townhome project, supported by an approved permit. The planned townhomes are designed with 3 bedrooms, 3.5 bathrooms, and a dedicated study or office space on the first floor, along with oversized rooftop decks. Projected unit sizes range from 1,912 to 1,949 square feet.
The land consists of two lots sold together as 316 and 324 N Lancaster Avenue in Dallas, Texas (75203). The development site is positioned near Southern Gateway Park, the Bishop Arts District, the Dallas Zoo, and the Trinity River Project.
For development timelines that rely on entitlements already in place, this package provides an approved path forward for constructing the specified townhome plan on the assembled lots.
The land consists of two lots sold together as 316 and 324 N Lancaster Avenue in Dallas, Texas (75203). The development site is positioned near Southern Gateway Park, the Bishop Arts District, the Dallas Zoo, and the Trinity River Project.
For development timelines that rely on entitlements already in place, this package provides an approved path forward for constructing the specified townhome plan on the assembled lots.
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
1,459
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 - Shovel-ready land package for an approved 16-townhome project with planned layouts and rooftop decks.
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.
