316 Lancaster Avenue
Dallas, TX 75203
$1,920,000
Land · 0.42 ac · $4,571K/ac
What it costs to own
About this home
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.
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.
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Listing courtesy of Compass RE Texas, LLC — Fahri Olgundeney.
Where it is
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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21328865. Information last updated July 12, 2026.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
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