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Corner Duplex Build Site Land
For Sale
$159,000

4840 PHILIP, Dallas, TX 75223

Land, Dallas, TX

Property SizeContact for details
Lot Size0.20 Acres
Days on Market49

Property Features for 4840 PHILIP

General Information

Property type Land
Property subtype Other
Zoning description duplex district (DA) - CORNER LOT, fresh survey, Platted as 1 buildsite -duplex allowed. 50 x 175 = 8750 sq Specs popping up checkerboarding all thru the area $$$ East We Go !!!
Subdivision EAST GRAND
Lot features Corner Lot, Interior Lot, Level, Few Trees
Elementary school Mountaubur
Middle school Long
High school Woodrow Wilson
Elementary school district Dallas ISD
Middle school district Dallas ISD
High school district Dallas ISD
Directions FAB CORNER DUPLEX ZONED, PLATTED AS 1... CORNER of FITZHUGH and PHILIP. 4840 PHILIP. and 1113 fitzhugh is included in this listing price and whole lot combined is 8750 sq feet. Build one house or a duplex combo !!!!
Standard status Active
APN 00000000000000
Lot size 0.20 Acres

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public
Listing Agency: Design Realty
Listed By: Debra Ford
Added: Jul 14 Changed: Aug 28 Last Checked: Aug 31 at 9:06PM
MLS# 21331052

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 corner build site in East Dallas is zoned and platted for a duplex, configured as one buildsite and described as ready for two new structures. The seller notes the property requires removing a small structure located at the back of the lot at 1113 Fitzhugh before submitting for a building permit. The remarks indicate this lot is combined with that structure/lot and is included in the listed offering. Total land size is approximately 0.2009 acres (about 8,750 square feet).

The property is listed at 4840 Philip in Dallas, TX 75223. Public remarks describe it as close to retail and bus routes, with approximately minutes access to Baylor Hospital and downtown. The remarks also cite the White Rock Lake hike and bike trail as about 5 minutes east, and note nearby retail around East Grand and Gaston, across from Forest Hills. The public remarks further reference Woodrow Wilson as the award-winning high school.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Skin Care Clinic Law Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Electrical Service Daycare Center

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

1,091
Businesses Nearby

Demographics for 75223, TX

13,898
Population
4,872
Households
2.9
Avg Household Size
35
Median Age
24%
College-Educated
65%
High-School Grad
3.1 sq mi
ZIP Area
4,483
Density / Sq Mi
$66,641
Median Household Income
$35,470
Median Earnings
$1,363
Median Rent
$244,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner lot zoned for duplex and platted for two new structures after removing a small rear structure.
Where is this residential land & home lot located?
The property is located at 4840 PHILIP Dallas, TX.
What is the asking price?
The asking price for this property is $159,000.
More about this property
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