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4315 Terry Street Dallas, TX 75223

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For Sale
$3,500,000

1.33-acre site near Downtown Dallas with multifamily potential.

Type:V, V-COM, V-MULTI
Lot size:
1.33 Acres
Added:
Feb 13, 2026
Days on Market:
55
Last Refresh:
Apr 3 at 4:56 am

Property Features for 4315 Terry Street

General Information

Standard status
Active
Lot size
1.33 Acres
Property subtype
V, V-COM, V-MULTI

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Listing Contact
Julie Smith

Listing agent Julie Smith License #526313, Texas

Listing office KW Commercial

Listing date Feb 13, 2026

Source Realnex

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 KW Commercial


Overview

Dallas Infill Multifamily Development Opportunity

This approximately 1.3256-acre infill tract is located just north of Interstate 30 and immediately east of Downtown Dallas, presenting a high-visibility multifamily development opportunity. The property offers approximately 175 feet of frontage on Terry Street and 281 feet along Peak Street, with secondary paved access via 509 Ann Avenue, included in the sale. This dual frontage and additional access point provide flexibility for site planning, parking configuration, and construction logistics. The site is flat, cleared, and unimproved. Utilities are available at the street. No portion of the property lies within a flood zone. Multifamily development potential is supported under Texas S.B. 840, which allows up to 45 feet in height. The property is currently zoned CS. Multifamily demand in the immediate area has been validated by recent sales activity, with seven multifamily properties built after 2000 trading within the past two years, containing up to 40 units per property. These transactions demonstrate investor appetite and rental viability for boutique- to mid-scale infill product.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Dallas
County
Collin
State
Texas
Longitude
-96.7664458
Latitude
32.7882686

FAQs

What type of property is this?
Commercial land - 1.33-acre site near Downtown Dallas with multifamily potential.
Where is this commercial land located?
The property is located at 4315 Terry Street Dallas, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: High‑visibility ±1.3256‑acre infill tract near Downtown Dallas.; Multifamily development potential allowing up to 45 feet in height.; Dual frontage with 175 feet on Terry Street and 281 feet on Peak Street.
More about this property
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