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316-324 N Lancaster Ave
Dallas, TX 75203
PRIME LOT WITH 16 TOWNHOMES PERMITS · Land For Sale · 0.42 AC

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Multifamily
No. Lots	1	Total Lot Size	0.42 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Residential

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily
Total Lot Size	0.42 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Lot Size	0.42 AC

Lot Size	0.42 AC

PROPERTY TAXES

Parcel Numbers	Multiple 00000251014000000 00000251017000000	Improvements Assessment	$0
Land Assessment	$593,130	Total Assessment	$593,130

PROPERTY TAXES

Parcel Numbers

Multiple

00000251014000000
00000251017000000

Land Assessment

$593,130

Improvements Assessment

Total Assessment

$593,130

Listing ID: 38732670
Date on Market: 12/10/2025
Last Updated:
Address: 316-324 N Lancaster Ave, Dallas, TX 75203

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316-324 N Lancaster Ave, Dallas, TX for sale Building Photo- Image 1 of 4 — Building Photo

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316-324 N Lancaster Ave - PRIME LOT WITH 16 TOWNHOMES PERMITS

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