316 N Lancaster Avenue Dallas, TX 75203

Listing agent Fahri Olgundeney License #0687864 Show Phone

Listing office Compass RE Texas, LLC j***@compass.com Dallas, TX Show Phone

Listing date Jul 12, 2026

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MLS# 21328865 Listing URL

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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.

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

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FAQs

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