UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Appel And Harpers
MLS Listing ID 21137303
HOA Y/N None
Year Built 1923
Lot Size 0.458 Acres
Acres 0.4584
Lot Dimensions 78x256
Property Sub-Type Improved Land
Property Description
Development Opportunity provides an extraordinary canvas for discerning multifamily, townhome, and
institutional developers to build on. THIS OPPORTUNITY is strategically positioned OUTSIDE historic district
constraints, yet bordered by prestigious Junius Heights and Munger Place. 5401 offers a balance of
development freedom and community character. Townhomes and apartments line 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. 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.
Location
State TX
County Dallas
Community Curbs
Zoning Verify with the City of Dallas. Oak Lawn Planned Development District. MF2 zoning. Specific regulations & requirements for MF2 zoning can vary; it is essential to consult the local zoning ordinances for detailed info
Direction Munger, Henderson or Abrahms all turn onto Reiger, then go to 5401. Watch for stop signs and children.
Interior
Heating Floor Furnance
Cooling Wall/Window Unit(s), None
Heat Source Floor Furnance
Exterior
Exterior Feature Dog Run
Fence Back Yard, Chain Link, Fenced, Gate, Wood
Community Features Curbs
Utilities Available All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Curbs, Electricity Available, Individual Gas Meter, Individual Water Meter, Overhead Utilities, Phone Available, Sidewalk
Street Surface Asphalt
Lot Frontage 75.0
Garage No
Building
Lot Description Interior Lot, Irregular Lot, Landscaped, Level, Lrg. Backyard Grass, Many Trees, Oak, Other
Schools
Elementary Schools Lipscomb
Middle Schools Long
High Schools Woodrow Wilson
School District Dallas Isd
Others
Restrictions Building,Development,Lease While on Market,No Mobile Home,Other
Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional, Lease Back
Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional, Lease Back
Special Listing Condition Aerial Photo, Utility Easement, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21137303
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Sean Parsons
Parsons Realty Team | License ID: 0591907
Parsons Realty Team License ID: 0591907