316 N Lancaster

Dallas, TX 75203
$1,920,000
0.42 acres

Description

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 Type: Land - Unimproved Land
MLS Status: Active
MLS: 21112322
Year Built:
County: Dallas
Tract or Division: OAK CLIFF ORIGINAL
List Date: 11/17/2025
Area:
Square Feet:
Total Beds:
Full Baths:
Half Baths:
Acres: 0.42
Lot Size (sqft): 18,295

800.451.8055

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Interior Features

 
Virtual Tour:

Exterior Features

 
Lot Description:
  • Other
  • CityLot

Utilities

 
Utilities:
  • ElectricityAvailable
  • SewerAvailable
  • WaterAvailable

Additional Property Details

 
Listing Agent: Fahri Olgundeney
Broker: Compass RE Texas, LLC
Listed by: Fahri Olgundeney, Compass RE Texas, LLC
Phone: 469.805.7067

Location

Schools

School Name Grades Admission
James Bowie Elementary School EE - 5 Regular
Hector P. Garcia Middle School 6 - 8 Regular
W.H. Adamson High School 9 - 12 Regular
3 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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