Exceptional development opportunity in Bishop Arts! This 0.14-acre lot is located in one of Dallas’ most vibrant and desirable neighborhoods and offers incredible potential for redevelopment into condos or townhomes or a larger multi-family project. With new developments underway on all sides, this is an ideal purchase for builders or developers looking to capitalize on the area’s growth.
Currently a cash-flowing fiveplex, the well-maintained property was fully remodeled in 2018, including new plumbing, electrical, roof, and tankless water heaters. All five units are fully furnished, offering a turn-key opportunity for short- or long-term rentals while planning future development. The property features on-site parking, free street parking, and a spacious backyard with a detached laundry facility.
With a Walk Score of 91, residents enjoy easy access to Bishop Arts’ renowned bars, restaurants, unique shops, yoga studios, live music venues, and public transportation—all just steps away.
Whether your vision is a boutique residential development or a larger-scale investment, this site presents significant possibilities in a neighborhood known for its lasting appeal and strong market demand. Don’t miss this rare opportunity to build in Bishop Arts!
2,822 Sq Ft
6,446.88 Sq Ft Exterior Space
Investment
Built in 1930
MLS/Listing ID 20868736
5 Units
Listing Courtesy of COMPASS RE TEXAS, LLC, MATT HAISTINGS
Source of Data: NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS