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!
Assessed Value is a combination of the land and additions.
2024
$16,637
(+81.25%)
$725,000
Land 452,760 +
Additions 272,240
2023
$9,179
(+48.07%)
$400,000
Land 323,400 +
Additions 76,600
2021
$6,199
(-7.28%)
$235,000
Land 226,380 +
Additions 8,620
2019
$6,686
(+11%)
$235,000
Land 226,380 +
Additions 8,620
2018
$6,024
$221,530
Land 97,020 +
Additions 124,510
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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