316 N LANCASTER, DALLAS, TX 75203
Homes for sale in Dallas.
Homes for sale in 75203.
List Price$1,920,000
316 N Lancaster
Dallas, TX 75203
Listing #21112322
About This Property
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.
Property Features
Location Information
County
Dallas
Subdivision
OAK CLIFF ORIGINAL
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Available, Sewer Available, Water Available
Zoning
PD Zoning
Lot Description
Other, City Lot
Development Status
Zoned
Lot Size in Acres
0.42
Is One Story
No
Lot Size in Sq. Ft.
18,295
Lot Description
Other, City Lot
School
Elementary School District
Dallas ISD
Jr. High School
Benjamin Franklin
Elementary School
Marsalis
High School
Jefferson
Additional Information
Property Type
LL
Status
Active
Property SubType
Unimproved Land
Has a Home Owners Association
No
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Mortgage Calculator
$8,966
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,918
Monthly Tax
$1,600
Monthly Insurance
$448
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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