$1,920,000

316 N Lancaster Avenue, Dallas TX, 75203

Price per sqft$104.95

Lot size0.42 Acres

Property typeLand

Overview

Active

Updated Jul 13

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.

Additional information

MLS^® ID: 21328865

Exterior Features

Lot Size: 0.42 Acres

Listed by Fahri Olgundeney with Compass RE Texas, LLC
Listing Contact: 469-805-7067

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 7/13/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 7/13/2026 at 8:17 PM UTC