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Property profile & analytics
OFF-MARKET
Residential land & home lots

248 E Lawson Rd Dallas, TX 75253

Individually Owned 7-yr Hold
Property ID
US82-2861207
Property summary
AI-generated overview

Attention Builders! Land for approx 50 Homes or Mixed Use Development. Great location! This property is currently zoned R-7.5 and which allows the construction of approx 50 home sites of 7,500 s.f., or Retail with Condos. The construction of single family housing and corresponding commercial development is strongly supported by the local community and the City of Dallas, and I have been told by the City Planning Commissioner that a Rezoning to Mixed Use Development for Retail mixed with Townhomes and or Condos would be very favorably looked upon. There is an existing pond that would make a great community water feature. The seller intends to replat and survey the property to exclude the small home and metal building that take up approximately one acre. The remaining approximately 11 ac are for sale. Other uses include Church, Agriculture Crop Production, Public Park or Playground. See Kleburg Land Use Plan, current zoning description, and Property Condition Statement in documents.

Property profile
Verified
Property type Residential land & home lots
UPID US82-2861207
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Manuel E Sanchez · 7 yrs held
Manuel E Sanchez
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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