20 UNITS APARTMENT PROJECT WITH APPROVED PERMITS.Shovel ready multifamily development opportunity in the heart of Bishop Arts, one of Dallas' fastest growing and most in demand neighborhoods. This 0.41-acre infill site is fully permitted and approved by the City of Dallas, allowing a buyer to move directly from acquisition to breaking ground. The project is approved for 20 apartment units, consisting of 17 one bedroom and 3 two bedroom units, and is ideally positioned to capture strong renter demand driven by the area's vibrant dining and retail scene, quick access to Downtown Dallas, and proximity to major employment centers. Select units offer downtown skyline views, further enhancing tenant appeal and rental potential. This is a rare turnkey development opportunity with entitlement risk removed. Offering plans and permit documentation are available upon request.
| MLS # | 21391457 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 15 |
| Listing Provided By | Compass RE Texas, LLC | Fahri Olgundeney |
| Zoning | PD 468 ( Check with City ) |
|---|---|
| Acreage | 0.41 |
| Lot Features | Other |
|---|
| Utilities | Asphalt, City Sewer, City Water, Electricity Available, Natural Gas Available |
|---|
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75203 |
| Area | Dallas |
| Community Name | Diamonds Addition |
| School District | Dallas ISD |
| Elementary School | James |
| High School | Adamson |
| Listing VS Median (in Diamonds Addition) | |
Price: $1,200,000 low | high Med: $0 On site: 15 low | high Med: | |
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75203 |
| Area | Dallas |
| Community Name | Diamonds Addition |
| School District | Dallas ISD |
| Elementary School | James |
| High School | Adamson |
| Listing VS Median (in Diamonds Addition) | |
Price: $1,200,000 low | high Med: $0 On site: 15 low | high Med: | |