405 EXPOSITION AVENUE, DALLAS, TX 75226
Homes for sale in Dallas.
Homes for sale in 75226.
List Price$999,900
405 Exposition Avenue
Dallas, TX 75226
Listing #21329810
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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