Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1923
Sq.Footage
1,603
A RARE DEVELOPMENT JEWEL IN THE HEART OF OLD EAST DALLAS Wide and deep Prime Development Opportunity provides an extraordinary development canvas that discerning multifamily, townhome, and institutional developers can improve. THIS OPPORTUNITY is strategically positioned OUTSIDE of historic district constraints while being bordered by prestigious Junius Heights and Munger Place. 5401 offers a balance of development freedom and community character. Townhomes and apartments are up and down this street. Visionary developers can create luxury residences that honor the area's rich heritage while meeting modern market demands. LOCATION EXCELLENCE, only minutes from the transformative Columbia-Main Street redevelopment corridor. This is one of the largest developable parcels remaining in the coveted Old East Dallas area, surrounded by the charm and stability of historic districts without their restrictions. Residents will have quick access to Dallas's most sought-after urban amenities. DEVELOPMENT SPECIFICATIONS. The property currently features a 1,603 square foot residence and a detached garage structure. Once these are razed, the land will provide a clean slate for your vision. Capable developers can have this coveted opportunity. The right visionary developer will create something extraordinary in one of Dallas's most desirable emerging corridors. Prime development land of this caliber in Old East Dallas is scarce and moves quickly in today's market. Set up an accompanied tour today. All existing improvements are sold in as-is condition, with demolition performed by the purchaser.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
1
-
Basement YN
NO
-
Cooling YN
NO
-
Cooling
None
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Unknown
-
Other Exterior Features
Dog Run
-
Parking
Circular Driveway, Concrete, Driveway, Garage
-
Patio and Porch Features
Covered, Front Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Interior Lot, Level
-
Lot Size(acres)
0.4584
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Prairie
Price
-
Sales Price
$699,000
-
Sq. Footage
1, 603
-
Price/SqFt
$436
HOA
-
Association
No
School District
-
Elementary School
Lipscomb
-
Middle School
Long
-
High School
Woodrow Wilson
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
9
-
Water Source
Public
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Location
County
Dallas
Elementary School
Lipscomb
Middle School
Long
High School
Woodrow Wilson
Listing Courtesy of Gary Foster , Briggs Freeman Sotheby's Int'l
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