Drea Mize - Logo
$1,920,000
 $10,307 est/mo Sourced by Back At You

316 N Lancaster Avenue,Dallas, TX 75203

Dallas, TX 75203

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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.

Details

MLS #21328865
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site61
Listing Provided ByCompass RE Texas, LLC | Fahri Olgundeney

Features

ZoningPD Zoning
Acreage0.42

Exterior

Lot FeaturesOther

Utilities

UtilitiesCity Sewer, City Water, Electricity Available

Area Information

StateTX
CountyDallas
CityDallas
Zip Code75203
AreaDallas
Community NameOAK CLIFF ORIGINAL
School DistrictDallas ISD
Elementary SchoolMarsalis
High SchoolJefferson
Listing VS Median (in OAK CLIFF ORIGINAL)
Price:
$1,920,000
low | high
Med:
$2,950
100% of Average
On site:
61
low | high
Med:
32
100% of Average
Sourced by Back At You

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Additional Information

Showing Information

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

Drea Mize

Drea Mize

Premier Florida Realty

 (317) 850-9320dreatakesonswfl@gmail.com
StateTX
CountyDallas
CityDallas
Zip Code75203
AreaDallas
Community NameOAK CLIFF ORIGINAL
School DistrictDallas ISD
Elementary SchoolMarsalis
High SchoolJefferson
Listing VS Median (in OAK CLIFF ORIGINAL)
Price:
$1,920,000
low | high
Med:
$2,950
100% of Average
On site:
61
low | high
Med:
32
100% of Average
Sourced by Back At You
Listing Updated: July 12, 2026 at 6:19:22 AM PDT

Drea Mize -