Lancaster Rd Dallas, TX 75241
- Land
- 8.40 lot acres
Current Use by Public Records
- Land
Property Details for 0 Lancaster Rd
- Lot size
- 8.40 lot acres
- Property type
- Land
Description
This exceptional 8.4-acre commercial land parcel presents a remarkable investment opportunity in Dallas, Texas. Located in the rapidly developing University Hills Master Planned Community, this property (Tract 19) boasts a strategic position near the intersection of I-20 and South Lancaster Road, offering unparalleled access to major transportation arteries. The site is zoned MF-2 & MF-3, allowing for a diverse range of development possibilities, including multifamily residential projects. The surrounding area is experiencing significant growth, with the University of North Texas campus nearby, along with BNSF Intermodal, DART, and Dallas Emergency Services. University Hills itself is planned to encompass approximately 268 acres, featuring townhomes, single-family homesites, over 1,000 multifamily units, and a mixed-use zone incorporating office and retail space. Future residents will enjoy planned amenities such as walking trails, green spaces, and a town center with commercial, retail, and dining options. This property's location within this thriving community ensures strong potential for future appreciation and significant returns on investment. The site's size and zoning provide flexibility for a variety of development scenarios, making it an ideal choice for developers seeking a prime location in a rapidly expanding area of Dallas. The property is situated in Dallas County, Texas, with a zip code of 75241.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.7601
- Latitude
- 32.6604
