405 EXPOSITION AVENUE, DALLAS, TX 75226

Homes for sale in Dallas.

Homes for sale in 75226.


Active

List Price$999,900

405 Exposition Avenue

Dallas, TX 75226

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21329810

6,969

Square Feet

Lots / Land

Type

About This Property

A rare opportunity to acquire a strategically located urban infill development site in one of Dallas's most active redevelopment corridors. The site is located within a federally designated Qualified Opportunity Zone. An investment made through a Qualified Opportunity Fund and held for at least 10 years may be eligible for elimination of federal capital gains tax on the appreciation of that investment. The property was previously permit-approved for an approximately 20-unit residential development, demonstrating that the building envelope, parking configuration, site access, and overall development concept successfully completed the City's review process. The site offers exceptional flexibility for today's market. A developer may elect to utilize the previously established development framework, or redesign the floor plans, unit mix, and overall product type to better align with current market demand, subject to City approval. The property is also situated within approximately one-half mile of DART light rail. Under current City of Dallas parking regulations, minimum parking requirements may be reduced or may not apply to sites in proximity to transit. This property is well suited for developers, builders, family offices, and investment groups seeking a high-density residential opportunity with meaningful pre-development value already in place.

Property Features

Location Information

County

Dallas

Subdivision

Hansons Exposition Ave

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Sewer Available, Water Available

Zoning

PD 269 Opportunity Zone

Lot Description

Cleared, City Lot

Development Status

Zoned

Lot Size in Acres

0.16

Road Description

City Street, Concrete

Lot Size in Sq. Ft.

6,969

Is One Story

No

Current Use

Unimproved

Lot Description

Cleared, City Lot

Possible Best Use

Multi-Family

School

Elementary School District

Dallas ISD

Jr. High School

Dade

Elementary School

Dunbar

High School

Madison

Additional Information

Property Type

LL

Tax Annual Amount

6753.0

Property SubType

Unimproved Land

Community Features

Curbs

Status

Active

Documents Available

Other, Survey

Has a Home Owners Association

No

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Mortgage Calculator

$4,669

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,603

Monthly Tax

$833

Monthly Insurance

$233

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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