Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

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

Agent 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.

Key Features

  • 0.42 acre lot

Location

316 N Lancaster

Dallas, TX 75203

OAK CLIFF ORIGINAL

Questions & Answers

This 0-bedroom, 0-bathroom land at 316 N Lancaster is listed at $1,920,000. The estimated monthly payment is $8,320 based on 20% down at 6.5% interest.

Key features include: 0.42 acre lot.

This property is listed by Fahri Olgundeney and can be reached at 2148148100 or fahri.olgun@compass.com.

FO

Fahri Olgundeney

Agent at Compass RE Texas, LLC

(214) 814-8100

Listed by Compass RE Texas, LLC · View on Broker Site

MLS# 21112322· Source: listhub· Updated today

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, Dallas, TX 75203

Open this listing in: