Outstanding Investor Opportunity Fully Permitted 16-Unit Townhome Development in a Prime Opportunity Zone. Three contiguous lots 404 N Lancaster, 400 N Lancaster, and 711 E 7th offered together as a permit-approved project on a corner lot in one of Dallas' fastest-revitalizing corridors. All permits are in place and no additional legwork is required, reducing carry time, and lowering upfront costs. Each townhome is designed at ~1,950 SF, 3bed 3.5 bath, with an oversized rooftop & 2-car garage, ideal for both resale and build-to-rent strategies. The site sits steps from the Bishop Arts District, a high-demand urban-lifestyle hub experiencing major growth with new mixed-use projects, expanding retail, and great walkability.
| MLS # | 21205153 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 213 |
| Listing Provided By | Allie Beth Allman & Assoc. | Camila V Gomez |
| Zoning | PD Zoning |
|---|---|
| Acreage | 0.42 |
| Lot Features | Acreage, Cleared, Corner Lot |
|---|
| Utilities | City Sewer, City Water, Electricity Available |
|---|
| Tax Lot | 1 |
|---|---|
| Tax Block | 70/30 |
| Tax Legal Description | OAK CLIFF ORIGINAL BLK 70/3051 E 50 FT LT 1 |
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75203 |
| Area | Dallas |
| Community Name | Original Town Oak Cliff |
| School District | Dallas ISD |
| Elementary School | Marsalis |
| High School | Jefferson |
| Listing VS Median (in Original Town Oak Cliff) | |
Price: $1,720,000 low | high Med: $950 On site: 213 low | high Med: 5 | |
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75203 |
| Area | Dallas |
| Community Name | Original Town Oak Cliff |
| School District | Dallas ISD |
| Elementary School | Marsalis |
| High School | Jefferson |
| Listing VS Median (in Original Town Oak Cliff) | |
Price: $1,720,000 low | high Med: $950 On site: 213 low | high Med: 5 | |