Opportunity Zone Residential Development
For Sale
$749,000
405 Exposition Avenue, Dallas, TX 75226
Urban infill development site in a federally designated Qualified Opportunity Zone near DART light rail.
Property SizeContact for details
Days on Market100
Property Features for 405 Exposition Avenue
General Information
Standard status
Active
Property subtype
Unimproved Land
Site & Location
Neighborhood
Deep Ellum
Taxes and HOA fees
Annual Taxes
$6,753
Listing Agency:
Compass RE Texas, LLC
Listed By:
Denise Johnson · License #0587659
(817) 975-4905
Source:
Nilesrealtygroup
Added: Jul 28
Changed: Nov 4
Last Checked: Nov 3 at 2:40PM
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
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Investment Insights
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This urban infill development site is located within a federally designated Qualified Opportunity Zone. An investment made through a Qualified Opportunity Fund and held for at least 10 years may be eligible for elimination of federal capital gains tax on the appreciation of that investment.
The property was previously permit-approved for an approximately 20-unit residential development, with the building envelope, parking configuration, site access, and development concept completing the City review process. A developer may elect to utilize the previously established development framework or redesign the floor plans, unit mix, and overall product type, subject to City approval.
The site is situated within approximately one-half mile of DART light rail. Under current City of Dallas parking regulations, minimum parking requirements may be reduced or may not apply for sites in proximity to transit.
The property was previously permit-approved for an approximately 20-unit residential development, with the building envelope, parking configuration, site access, and development concept completing the City review process. A developer may elect to utilize the previously established development framework or redesign the floor plans, unit mix, and overall product type, subject to City approval.
The site is situated within approximately one-half mile of DART light rail. Under current City of Dallas parking regulations, minimum parking requirements may be reduced or may not apply for sites in proximity to transit.
Key Highlights
- Federally designated Qualified Opportunity Zone
- Previously permit‑approved for an approximately 20‑unit residential development
- Development framework and parking/site access previously completed City review
Property Analytics
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Location Intelligence
Trade Area within ½ mile
4,687
Businesses Nearby
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Business Placement
Demographics for 75226, TX
4,535
Population
3,221
Households
1.4
Avg Household Size
33
Median Age
38%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
4,123
Density / Sq Mi
$69,589
Median Household Income
$52,972
Median Earnings
$1,731
Median Rent
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Urban infill development site in a federally designated Qualified Opportunity Zone near DART light rail.
Where is this residential land & home lot located?
The property is located at 405 Exposition Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Federally designated Qualified Opportunity Zone; Previously permit‑approved for an approximately 20‑unit residential development; Development framework and parking/site access previously completed City review
