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Investment Highlights

  • Dual Lots Side-by-Side

Executive Summary

2207-2209 Annex Avenue represents an exceptional multifamily and townhome development opportunity in the heart of East Dallas, one of the city's most desirable and rapidly transforming urban neighborhoods. Situated just blocks away from Downtown Dallas and minutes from the vibrant Knox-Henderson corridor, the property offers convenient access to an array of premier dining, retail, entertainment, and lifestyle amenities.
The site is ideally suited for townhome development with its dual lot size, benefiting from substantial infill activity and ongoing redevelopment throughout the surrounding area. Numerous recently completed and under-construction townhome and boutique multifamily projects underscore the strong market demand for high-quality urban housing, creating an opportunity to deliver a product that aligns with evolving buyer and renter preferences. The property's favorable size, configuration, and street frontage provide flexibility for efficient site planning, attractive unit designs, and optimized density.
Demand fundamentals remain strong, supported by favorable demographics, continued population growth, and a significant concentration of young professionals seeking walkable, amenity-rich neighborhoods. Ongoing public and private investment throughout East Dallas continues to enhance the area's long-term desirability, while proximity to major transportation corridors and employment hubs further strengthens the property's appeal for both for-sale and rental housing.
With limited, if any, available development sites with side-by-side lots in the immediate area, 2207-2209 Annex Avenue offers a rare opportunity to capitalize on a supply-constrained infill location. Developers have the ability to create a thoughtfully designed townhome community in one of Dallas' most sought-after neighborhoods, positioning the project for strong market absorption, enduring demand, and long-term value creation.

Property Facts

Price $1,589,000
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.17 AC
Zoning Z164 - MF-2

2 Lots Available

Lot

Price $1,589,000
Price Per AC $9,353,606.35
Lot Size 0.17 AC

Side-by-side deep lots that span 100' wide (frontage) by 150' deep (combined lot size is 15,000 sq ft). Must be bought with adjacent property.

Lot

Lot Size 1 SF
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 00000161860000000
  • 00000161857000000
Land Assessment
$975,000
Improvements Assessment
$10,000
Total Assessment
$985,000
  • Listing ID: 41033948

  • Date on Market: 6/23/2026

  • Last Updated:

  • Address: 2207 Annex Ave, Dallas, TX 75204

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