316 N Lancaster Avenue, Dallas, Texas 75203

      Unimproved Land For Sale

      $1,920,000
      ActiveListing ID #21328865
      Basic Details
      Land
      Active
      21328865
      $1,920,000
      0.42
      Property Description

      JUST DROPPED THE PRICE!A SHOVEL READY 16 TOWNHOMES PROJECT APPROVED PERMIT IN PRIME LOCATION! 2 LOTS TOGETHER AS 316 AND 324 N LANCASTER!This exceptional permit-ready 16-townhome project is located in the highly desirable Bishop Arts area, one of Dallas’s most sought-after neighborhoods. Each townhome ranges from 1,912 sq. ft. to 1,949 sq. ft. and is thoughtfully designed with 3 bedrooms, 3.5 bathrooms, and a dedicated study or office space on the first floor. Additionally, the townhomes feature oversized rooftop decks, perfect for entertaining or relaxing while enjoying the vibrant surroundings. The project is situated in a prime location near the transformational Southern Gateway Park, the charming Bishop Arts District, the popular Dallas Zoo, and the exciting new Trinity River Project. This ideal location offers residents unparalleled convenience and access to cultural, recreational, and dining attractions. For investors, this project presents a unique opportunity in a rapidly appreciating area with a high potential for strong returns. The Bishop Arts neighborhood is known for its growth and vibrancy, making it an excellent choice for those seeking a high cap rate and long-term value.

      Features
      Sewer Available, Water Available, Electricity Available
      Other, City Lot
      Public Sewer
      Neighborhood
      Marsalis
      Benjamin Franklin
      Jefferson
      Dallas ISD
      Additional Information
      Unimproved Land
      Fahri Olgundeney
      Compass RE Texas, LLC
      Address Map
      316
      N Lancaster Avenue
      OAK CLIFF ORIGINAL
      Dallas
      TX
      75203
      Dallas
      Texas / Dallas / Dallas
        sqbbsiu2t1s9lq572yun © 2026 North Texas Real Estate Information Systems, Inc.
        Data last updated: 10/13/2026 2:28 PM
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        Walkscore

        Unimproved Land For Sale

        $1,920,000
        ActiveListing ID #21328865
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