About This Home

This land at 316 N Lancaster Avenue in Dallas, TX is listed for $1,920,000 (0.42 acres).

Key Features

  • 0.42 acre lot
Listing 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.

Location

316 N Lancaster Avenue

Dallas, TX 75203

OAK CLIFF ORIGINAL

Questions & Answers

This 0-bedroom, 0-bathroom land at 316 N Lancaster Avenue is listed at $1,920,000. The estimated monthly payment is $10,269 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.42 acre lot.

This property is listed by Fahri Olgundeney.

FO

Fahri Olgundeney

Agent at Compass RE Texas, LCC

Listed by Compass RE Texas, LCC · Broker phone: (214) 814-8100 · View on Broker Site · Broker website

MLS# 21328865· Source: North Texas Real Estate Information Systems, Inc.· 9 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

316 N Lancaster Avenue, Dallas, TX 75203

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